FSUOGM - Former Soviet Union Oil & Gas
BP to build new platform at Azerbaijan's Shah Deniz field
BP plans to construct a new unmanned platform at the Shah Deniz gas condensate field in the Azeri sector of the Caspian Sea.
Kazakh oil production hits new record on January 26
Kazakhstan achieved a historic milestone in daily oil production on January 26, reaching 278,400 tonnes, or 2.04mn barrels per day.
Kazakhstan ships first Kashagan oil to Azerbaijan via Caspian Sea
Kazakhstan has shipped its first batch of oil from the Kashagan oil and gas field to the Azeri port of Baku.
Lukoil to commission Stavropol gas chemical complex by 2028-29
Russia’s largest independent oil producer Lukoil plans to complete the construction of a major gas chemical complex in the Stavropol region by late 2028 or early 2029.
Research highlights untapped hydrocarbon potential in the Tajik Depression
Preventing further decline in Tajikistan’s meagre oil and gas production will require further exploration of potential untapped resources, and the Tajik Depression offers some promise.
Chevron completes $48bn expansion of Tengiz oil field in Kazakhstan
Chevron has completed a major expansion of Kazakhstan's Tengiz oil field, which will enable it to reach production capacity of 1mn barrels per day (bpd) by mid-2025, Bloomberg reported on January 24.
Russian oil exports in 2024 down 2% to 295mn tonnes
Oil exports from Russia to non-CIS countries in 2024 decreased by 2.2% year-on-year to 295mn tonnes, including transit volumes through Kazakhstan.
Azerbaijan, TotalEnergies explore energy cooperation
On 24 January, Azerbaijan's Minister of Economy Mikayil Jabbarov and SOCAR President Rovshan Najaf met with TotalEnergies CEO Patrick Pouyanné during the World Economic Forum in Davos.
Uzbekistan's gas imports jump 2.4-fold, exports up 18% y/y in 2024
Uzbekistan was a net importer of natural gas for a second consecutive year in 2024, with imports rising 2.4 times to $1.68bn, up from $694.9mn in 2023, the state’s statistics agency has reported.
Uzbekistan shuts down illicit gasoline pipeline running from Kazakhstan, arrests smuggling suspects
Authorities in Uzbekistan have reportedly dismantled an illicit operation involving underground cross-border flows of AI-92 gasoline from Kazakhstan to Tashkent region.
Expected settlement of energy crisis in Transnistria may have a security cost
Pro-Russian separatist region has picked a natural gas trader, Cyprus-based Ozbor Enterprises, to import Russian natural gas through the Turkstream and Trans-Balkan pipelines, and started military drills in the Security Zone.
Kazakhstan to deliver 127,000 tonnes of oil to Germany in January
Kazakhstan's state-run oil pipeline operator, KazTransOil, reportedly plans to deliver up to 127,000 tonnes of oil to Germany by the end of January.
Gazprom, Novatek brace for tough 2025
Russian natural gas producers Gazprom and Novatek are bracing for a challenging 2025 as they work to rebuild their export strategies through a pivot to Asia.
Hyundai Engineering, Sicim could score EPC contract for Karachaganak gas processing plant
South Korea’s Hyundai Engineering and Italy’s Sicim are close to securing an engineering, procurement and construction contract for a 4 bcm per year gas processing plant at Kazakhstan’s giant Karachaganak field.
Uzbekistan's electricity output up 4.7% in 2024, automotive fuel production falls 4%
Uzbekistan's electricity output up 4.7% in 2024, automotive fuel production falls 4%
India on the brink of a new oil shock
India is facing the very real threat of an oil shock as new US sanctions targeting Russian crude come into force.
Portugal to replace Russian LNG with supply from US and Nigeria
Portugal will look to the US and Nigeria for more supply of LNG to replace purchases from Russia.
Russia aims to nationalise St Petersburg Oil Terminal
Russia aims to put an end to shareholder conflict in one of the biggest terminals on the Baltic Sea by nationalising it.
Ukraine's underground gas reserves drop to 8.9 bcm, ex-minister says
Gas reserves in Ukraine's underground storage facilities have fallen to 8.9bn cubic metres (bcm), 24% lower than the same time last year.
Zelenskiy’s plan to end Russian oil transit will harm Europe, Slovak official warns
Ukrainian President Volodymyr Zelenskiy’s intention to halt the transit of Russian oil through Ukraine will significantly impact European countries, Slovak Parliament Vice Speaker Tibor Gaspar said.
Ukraine cuts Russian oil transit via Druzhba pipeline by 16% in 2024
Ukraine transported approximately 11.36mn tonnes of Russian oil via the southern branch of the Druzhba pipeline in 2024, a 16% decline compared to 2023.
INTERVIEW: Block Energy’s quest for gas in Georgia
“Project III has the potential to be of major importance to the Georgian energy market as well as acting as a catalyst for further investments into the hydrocarbon sector in the country,” said Block Energy’s commercial manager, Fergus Robson.
China raises imports of Russian LNG by 3.3% in 2024
China has increased its reliance on Russian LNG with imports rising 3.3% to reach 8.3mn tonnes in 2024.
Slovakia’s Fico discusses Russian gas imports via Turkstream with Erdogan
Slovakia’s populist Prime Minister Robert Fico has announced that Turkey’s Recep Tayyip Erdogan offered to deliver Russian gas via Turkstream to Slovakia.
Energy crisis in Moldova’s separatist region Transnistria closer to settlement
The separatist leader in Moldova, Vadim Krasnoselsky, has announced that Transnistria will accept natural gas deliveries from Moldovagaz, but the procedures related to purchasing the gas prevent a final agreement.
Iran, Russia dead set on implementing major gas transportation deal
Iran and Russia are set to press ahead with two major energy projects that will help the Islamic Republic attain its goal of becoming a regional gas hub – an ambition it has been nurturing for several years.
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