FSUOGM - Former Soviet Union Oil & Gas
ING says Kazakhstan gaining on elevated commodity prices, Uzbekistan faces higher import costs
Rising commodity prices and stronger portfolio inflows are improving external balances and supporting currencies across several CIS economies, outlook says.
Kazakhstan’s Kashagan oilfield to suspend production for maintenance
Kazakhstan’s Kashagan oilfield, the country’s second-largest oil producer, is reported to be set to halt production for over four weeks beginning in June to conduct planned maintenance work.
Georgia and Azerbaijan sign energy and transit deals at Aliyev-Kobakhidze summit
Deals cover natural gas supply, electricity imports and transit, the revival of the Baku-Tbilisi-Supsa oil pipeline, and rehabilitation work on the Baku-Tbilisi-Kars railway.
US extends waiver on Russian oil by 30 days
TMK Energy, largest Mongolian LPG company Dashvaanjil link up for gas-to-power projects
TMK Energy (ASX:TMK) on May 18 announced in a stock market filing that it has entered into a gas-to-power memorandum of understanding (MoU) with Dashvaanjil Group, Mongolia’s largest liquefied petroleum gas (LPG) import and distributor.
Ukraine escalates drone strikes against Russian oil infrastructure, exports down 10%
Ukraine has stepped up its drone strikes on Russia’s energy infrastructure with one of the most intense weekends of bombing that targeted refineries, pipelines and storage facilities in a campaign that has reduced oil exports by about 10%.
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