FSUOGM - Former Soviet Union Oil & Gas
CPC halts two mooring points at Black Sea terminal, slashing oil export capacity
CPC, which operates the main conduit for Kazakhstan’s oil exports to global markets, announced on March 31 that it had suspended operations at two of the three single-point moorings at its Black Sea terminal.
Gazprom to increase gas exports to Slovakia
Russian chemical major Nizhnekamskneftekhim doubles 2024 profit
Russian chemical major Nizhnekamskneftekhim (NKNH) and the anchor asset of Sibur holding reported IFRS revenue growth of 14% year-on-year to RUB270bn ($3.1bn) in 2024, with EBITDA inching up by 2% y/y to RUB71bn ($817mn).
Naftogaz reports Russian attack on gas facilities despite ceasefire pledge
Ukraine’s state-owned energy company Naftogaz said on March 27 that its gas production facilities had been damaged in yet another Russian attack.
Slow progress on sea trials delays Russia’s first domestically built LNG carrier
Russia’s first domestically constructed LNG carrier, the Arc7 ice-class tanker Alexey Kosygin has been delayed by prolonged sea trials.
Kazakhstan launches World-Bank-supported Partnership for Market Implementation to boost carbon market
Kazakhstan has officially launched the World Bank-supported Partnership for Market Implementation (PMI) project, designed to enhance its national carbon market and accelerate the country’s shift toward green, resilient economic growth.
Ukraine's gas consumption forecast to rise in 2025, deputy minister says
Ukraine’s gas consumption is expected to increase in 2025, reaching between 21.8 and 22 bcm.
Turkish conglomerate Calik Holding mulls expanding operations in Kazakhstan
Ahmet Calik, chairman of Turkey’s Calik Holding, has expressed an interest in expanding the conglomerate’s operations in Kazakhstan with a focus on nonferrous metals mining and a potential entry into the country’s gas sector.
Hungary anticipates receiving 8bn cubic metres of Russian gas in 2025
Hungary anticipates receiving 8bn cubic metres of natural gas from Russia via the TurkStream pipeline in 2025, according to reports from Russia's RIA news agency on March 28.
Ukraine to import up to 4.6 bcm of gas before winter
Ukraine will need to import between 4.5bn and 4.6bn cubic meters (bcm) of natural gas before the start of the next heating season.
EBRD approves €270mn loan for Ukraine’s Naftogaz to secure gas supply
The EBRD approved a loan of up to €270mn for Ukraine’s Naftogaz to purchase natural gas for the next two heating seasons.
Armenia, Georgia could purchase Turkmen gas flows under swap deals with Iran if talks progress, says Armenian official
Armenia and Turkmenistan are in negotiations for the supply of gas from the latter to the former via common neighbour Iran, a senior Armenian official said on March 26, as cited by Armenpress.
Russian LPG exports to Afghanistan rise 52% amid EU sanctions
Russian liquefied petroleum gas (LPG) exports to Afghanistan have increased significantly over the past two months, reaching 71,000 tonnes - a 52% rise for the period.
Ukrainian drone strikes damage key oil route infrastructure, CPC management says
There are now three recent drone strikes attributed to Ukrainian forces that have severely damaged key infrastructure operated by the Caspian Pipeline Consortium (CPC), a major conduit for Kazakhstan’s oil exports via the Russian Black Sea coast.
Russian Lukoil oil major to pay 2H24 dividend
The board of Russia’s second-largest oil major Lukoil has recommended a final dividend of RUB541 per share ($5.49) for 2H24, according to the company.
Follow us online