FSUOGM - Former Soviet Union Oil & Gas
Russian energy ministry predicts 50% growth in LNG exports in 2024
Russian LNG production should grow by 50% in 2024 versus the level in 2022, according to energy ministry forecasts. But analysts doubt that this is realistic, noting that a lot depends on how quickly Novatek’s Arctic LNG-2 plant expands its capacity.
Moldova has enough gas reserves for coming winter season
KSE: Russian seaborne oil exports fall to lowest level since September 2022, but oil revenues surge
In August 2023, Russian seaborne oil exports reached their lowest point since September 2022, according to the September edition of ‘Russian Oil Tracker’ by KSE Institute. This decline came as Russia reduced its reliance on Western markets.
Russia mulls further measures to contain fuel crisis after prices fall for first time since spring
EU LNG imports drop to two-year low in September
EU LNG imports were down 8% month on month in September, reaching their lowest level in almost two years, as storage volumes are still ample and demand remains subdued, the bloc’s data shows.
Yale experts push back against reports of failure of price cap on Russian oil
Two experts associated with Yale University that helped advise the US Treasury Department on the Western price cap on Russian oil have pushed back against the notion that the measure has failed.
CPC oil pipeline set to flow record volume this year
The Caspian Pipeline Consortium (CPC) system is on track to flow a record 63.7mn tonnes (1.28mn barrels per day) of oil this year, its operator said on October 4.
Russia restarts diesel exports
Kazakhstan advances plans to expand oil pipeline network to export 200,000 barrels per day to China
Russian Lukoil to lend Azeri SOCAR $1.5bn to boost Turkish refining
Russia’s second-largest crude producer, Lukoil, will lend Azeri state oil firm SOCAR $1.5bn as part of a broader deal that will allow SOCAR's Turkish STAR refinery with 0.2mn barrels per day of capacity to receive Russian oil again.
Russia’s Gazprom continues Eurobonds replacement
$1.5bn Lukoil loan to Azerbaijan’s Socar reportedly part of deal to restart processing of Russian crude at Turkish refinery
Lukoil, Nornickel join forces for oil production in Western Siberia
Russia’s second largest oil company Lukoil and mining group Norilsk Nickel have set up a joint venture to produce oil and associated petroleum gas (APG) in the Yamalo-Nenets region.
Gazprom in talks to get floating nuclear units to power Sakhalin gas fields
Russia’s state-owned Gazprom is in talks with the country's nuclear power firm Rosatom on potentially providing floating nuclear power plants (NPPs) with capacities of up to 116 MW apiece to supply energy to fields off the coast of Sakhalin Island.
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