FSUOGM - Former Soviet Union Oil & Gas

FSUOGM: Russian gas company revenues set to more than halve in 2023

Iran increases gas swap delivery deal with Turkmenistan and Azerbaijan

Iran has increased a gas swap deal with Turkmenistan and Azerbaijan from 4.5mn cubic metres per day to 7.5 mcm per day, Tehran’s ambassador to Ashgabat said to Tass on August 13.

RIDDLE: A valve that cannot be shut off

Despite the numerous economic sanctions imposed by Russia and Ukraine (along with their allies) on each other, the gas trade turnover between the two countries amounted to $6.1bn in 2022 and has not stopped despite the war.

Kazakhstan unveils plans to auction off five oil and gas fields and six exploration blocks

Moldova repays EBRD gas security revolving loan in advance, rushes to replenish reserves

Azerbaijan bolsters gas production amid European demand surge

Azerbaijan in January-July reduced oil production with condensate by 8%

Report says Kazakhstan planning to extend ban on LPG exports

Iran, Armenia extend gas-for-electricity deal until 2030

Russia excludes hydrocarbon sector from new windfall tax

Tokayev states deep conviction country’s economic model needs radical change

Russian gas company revenues set to more than halve in 2023

Russian natural gas companies could see their revenues plummet by over half in 2023 compared with the previous year, according to findings released on August 7 by Russian consulting firm Yakov and Partners.

Azeri Central East Platform sets sail with innovative remote operations

S&P considers the state of oil production in Azerbaijan in line with the Opec quota

EU gas tanks close to full, traders switch to Ukraine storage

European gas storage tanks were 87.7% full as of August 6, well ahead of the schedule that demands they reach 90% by November 1, according to GIE, leading traders to switch to storing more gas in Ukraine’s underused tanks.

Kazakhstan returns rights to hundreds of natural resources sites to state

Kazakhstan has returned rights to hundreds of gold, coal, iron, oil and copper deposits to the state and put them up for auction, after citing violations of licence and contract terms by subsoil users.

Gazprom subsidiary sues UniCredit over delayed Ust-Luga LNG project

RusKhimAlyans, a 50:50 JV between state-owned Gazprom and a private firm called RusGazDobycha, has filed a RUB45.7bn ($472mn) lawsuit against Italy’s UniCredit over its failure to fulfil obligations as guarantor of the Ust-Luga LNG project.

Russia lifts ban on Novorossiysk oil tanker exports