FSUOGM - Former Soviet Union Oil & Gas

24 June 2025

Russian Novatek gas major launches Northern Sea Route shipments

23 June 2025

Russian natural gas and liquefied natural gas producer Novatek dispatched its first LNG shipment of the 2025 season via the eastern sector of the Northern Sea Route on June 20.

Russia eyes LNG exports to Thailand

23 June 2025

Russia wants to begin exports of LNG to Thailand, with discussions currently underway involving producers based in Sakhalin and the Arctic.

Planning for Vorkuta gas chemicals complex near completion

23 June 2025

The Vorkuta gas chemicals project, first announced at the Eastern Economic Forum in 2024, is progressing rapidly, despite less than a year having passed since the initial agreement was signed.

Kazakhstan ends investor talks on Karachaganak gas processing plant

23 June 2025

Kazakhstan has suspended negotiations with shareholders of the Karachaganak oil and gas field over the proposed construction of a gas processing plant, after consortium members demanded an additional $1bn on top of full project costs.

CPC to launch legal action over Ukrainian drone strike on pumping station

23 June 2025

The Caspian Pipeline Consortium plans to initiate legal proceedings following a Ukrainian drone attack on its Kropotkinskaya oil pumping station in Russia’s Krasnodar region.

Russian pipeline gas exports to Europe, Turkey to drop 40% by end-2027: study

23 June 2025

Russian pipeline gas exports to Europe and Turkey could fall by 40% to 29bn cubic metres (bcm) annually by the end of 2027 versus the level in 2024, according to a study by Russian consultancy Implementa.

Sechin on the future global energy outlook

23 June 2025

Sechin warned that the push for a complete transition to ‘clean’ energy risks “driving humanity into energy regression.”

Russia's Gazprom strikes deals with China on Far Eastern gas route

23 June 2025

Russia’s Gazprom has reached two agreements with China’s CNPC and PipeChina covering the supply of Russian natural gas to China and the operation of a cross-border pipeline segment

CEO of Kazakhstan's KMG urges faster progress on Rozhkovskoye field

23 June 2025

KMG CEO Askhat Khasenov visited the Rozhkovskoye field in West Kazakhstan during a working trip to the region.

COMMENT: Georgia goes from sanctions-dodging transit country to Russia’s oil export backdoor into Europe

23 June 2025

Georgia has long been suspected of being a major transit country for European sanctioned goods travelling to Russia, but now it appears the trade is flowing in the other direction: Georgia has become a major backdoor into the EU for Russian oil.

Kazakhstan's oil and condensate output projected to rise to 2.14mn bpd in June

23 June 2025

Kazakhstan's average daily production of oil and gas condensate is projected to increase to 285,000 tonnes in June, equivalent to approximately 2.140mn barrels per day (bpd), Reuters reported on June 20, citing the Ministry of Energy.

Russian natural gas major Novatek raises $350mn in dollar bonds

23 June 2025

Russian natural gas major Novatek raised $350mn in US dollar bond placement, 50% above the initial guidance.