FSUOGM - Former Soviet Union Oil & Gas
Turkmenistan’s gas export ambitions stall amid the Middle East conflict, pipeline setbacks
Turkmenistan’s hopes of becoming a major gas exporter beyond China have suffered another blow, as the war between Israel and Iran casts doubt over a key gas swap deal involving both countries.
KazMunayGaz raises 2025 Tengiz oil output forecast amid OPEC+ quota tensions
Kazakhstan’s national oil and gas company KazMunayGaz on June 24 reportedly raised its 2025 production forecast for the Tengiz oilfield to 35.7mn tonnes, up from the previously estimated 34.8mn tonnes.
CNOOC signs exploration deal for Zhylyoi Subsoil Area in Kazakhstan
China National Offshore Oil Corporation (CNOOC) has reportedly signed a production and exploration contract with Kazakhstan’s Ministry of Energy and the state-owned energy company KazMunayGas (KMG) for the Zhylyoi Subsoil Area.
Naftogaz demands $1.37bn from Gazprom after arbitration ruling
Ukraine’s state energy group Naftogaz has formally requested payment from Russia’s Gazprom to recover $1.37bn, following a binding international arbitration award issued in Zurich on June 20.
Kazakhstan raises 2025 production targets at Kashagan and Karachaganak oil fields
Kazakhstan has upped its 2025 oil production forecast at Kashagan, the country’s largest offshore oil field, to 18mn tonnes, Kursiv reported on June 23, citing a statement from KazMunayGas (KMG), a unit of the Samruk-Kazyna sovereign wealth fund.
Russia offers to supply LNG and energy technologies to Mexico
Concerns Trump could use Mexico’s energy dependence on US as leverage have caused the country to weigh gas imports from Russia.
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