FSUOGM - Former Soviet Union Oil & Gas
Ukrainian drones target Russian shadow fleet, gas pipelines
A series of explosions and drone attacks targeted key Russian military infrastructure over the weekend, striking facilities in both the country’s Black Sea and Far East regions, Ukrainian intelligence sources claimed.
Uzbek parliament approves mandatory gas trading licensing
Uzbekistan’s lower house of parliament, the Legislative Chamber of the Oliy Majlis, has approved a bill introducing mandatory licensing for the trade of natural gas..
Russian consumers urge government not to hike domestic gas prices
The measure, ordered by President Vladimir Putin in January, is intended to help compensate Gazprom for lost revenues from reduced European exports and to cover the cost of maintaining underground gas storage facilities.
Rosneft boosts efficiency for Arctic-grade diesel at Komsomolsk refinery
Engineers at Rosneft’s Komsomolsk oil refinery have introduced a new component extraction scheme at the ELOU-AVT-3 crude distillation unit, boosting the plant’s production efficiency of Arctic-grade diesel fuel by 20%.
Poland, Ukraine extend winter gas guarantee deal
Ukraine and Poland have extended their agreement on guaranteed natural gas supply volumes via the Polish gas transmission system.
Gazprom wins partial gas price dispute against Poland’s Orlen, may claim $290mn
Russian energy giant Gazprom has won a partial ruling in an international arbitration case against Poland’s state-run oil and gas company Orlen, which may result in Orlen being ordered to pay up to $290mn over a long-running pricing dispute,
Russia’s LNG exports fall in first half of year
Russia’s LNG exports have dipped by 4.4% over the first half of the year.
Global LNG liquefaction capacity to grow 37% by 2028: GIIGNL
Global LNG liquefaction capacity is expected to grow by 37% to over 672.1mn tonnes per year by 2028 as producers commission around 180mn tpy of new capacity.
Russian monthly oil and gas revenues slump to two-and-a-half year low in June
The ministry attributed the decline in receipts to a lower average price for Urals crude, falling gas production and exports, and continued production restrictions under the OPEC+ agreement.
Russia's Russneft gains major new shareholder
Neoline Activy has acquired a 16.33% voting stake in RussNeft, acting on behalf of Zaira Gudaeva, who previously controlled only 2.05%.
Kazakhstan to take over Karachaganak gas plant project as Energy Ministry drops foreign-led plan
Uzbekistan, Azerbaijan partner on geological exploration in Ustyurt region
Uzbekistan’s state energy company Uzbekneftegaz has reached a new agreement with Azerbaijan’s state oil company SOCAR to launch geological exploration in the Ustyurt region, a remote and resource-rich plateau in northwestern Uzbekistan.
Ukraine’s underground gas reserves rise, but remain lowest in over a decade
Natural gas reserves in Ukraine’s underground gas storage facilities have exceeded 8bn cubic metres as of June 28, amounting to 25.9% of their total capacity. Volumes remain 1.95 bcm (19.6%) lower than at the same time last year.
Russia to shield Gazprom from taxes on Nord Stream 2 debt
As followed by bne IntelliNews, Gazprom was expectedly allowed by the government to skip the dividend payment for 2024.
Kazakhstan set to exceed oil output forecast in 2025 after upgrades at key fields
Kazakhstan is poised to surpass its 2025 oil production forecast by approximately 2%, with output now expected to reach 97.7mn tonnes (around 2mn barrels per day).
Russia nationalises Dagestani oil terminal DagNefteProdukt
A Makhachkala court has ruled to transfer ownership of the Caspian region’s key oil transshipment terminal DagNefteProdukt in Dagestan to the Russian state.
Poland ends the last of Russian oil imports
Poland’s largest energy company, state-owned Orlen, has ended its last contract for Russian crude oil and halted these imports, declaring finally that it has “freed the region from Russian crude oil”.
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