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Overview
Russia and the other former Soviet republics are often viewed as remote and obscure, but FSU OGM sheds light on the vital role these countries play in world energy markets. It explains the region's status as a key player in the EU's energy planning, while also focusing on the progress of efforts to expand deliveries to Asia.
Leading commentaries in recent years have covered the economic consequences of political unrest in Ukraine, efforts to open the Southern Gas Corridor between the Caspian Sea Basin and the EU, competition between Russia and Central Asia for access to the Chinese gas market and the continued rise in Russian liquids production.
Our journalists on the ground have a wealth of local experience and are proficient in Russian and other languages in Central Asia, allowing us to provide an unparalleled level of industry coverage.
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Transnistria prolongs state of emergency
The parliament of Moldova’s breakaway region of Transnistria approved on January 15 a presidential decree extending the state of economic emergency by a further 30 days, citing ongoing difficulties linked to constrained natural gas supplies.
Take-off for new Uzbek aviation fuel producer Saneg JetWhites
EU lowers price cap on Russian oil to $44 per barrel
EU lowers the oil price cap on Russian oil to $44.1 per barrel starting from February 1, 2026, as discounts on Russian crude widen
Reports say Turkmennebit exceeded 2025 oil and gas condensate target by 9%
State Concern Turkmennebit in 2025 produced 4.025mn tonnes of oil and gas condensate, according to Turkmen state media.
Saudi Arabia surpasses Russia in oil production during 2025
Saudi Arabia surpassed Russia in oil production during 2025 with daily output reaching 9.472mn barrels compared to Russia's 9.13mn barrels, as kingdom restored voluntary cuts faster than Moscow.
Kazakhstan to allocate $470mn to 20 geological exploration projects over next three years
Kazakhstan plans to channel KZT 240bn ($470mn) over the next 3 years into a large-scale geological exploration programme covering 20 projects, seismic surveys in underexplored sedimentary basins & the development of modern geological infrastructure.
Kazakhstan appeals to US, Europe to stop drone attacks on its Black Sea oil shipping
Officials feel country unfairly bearing brunt of a battlefront in the Russo-Ukrainian War.
Three oil tankers reportedly hit near Black Sea port handling 80% of Kazakh crude exports, Kazakhstan's oil output plunges
Chinese company poised to expand production at massive Turkmen gas field
Ashgabat has export options.
Gazprom says supplies to Georgia increased 40% in 2025
Russia’s state-owned energy company Gazprom has announced on its Telegram channel that it increased natural gas supplies to Georgia by 40.4% in 2025.
China’s CNPC to explore for oil and gas in Tajikistan’s Khatlon province
China’s National Petroleum Company (CNPC) is planning to conduct 3D seismic exploration for oil and gas in southwestern Tajikistan’s Khatlon province, Avesta has reported.
Condor Energies announces higher gas and condensate output in Uzbekistan
Condor Energies (TSX: CDR), the Canada-listed energy transition company, has announced higher gas and condensate output in Uzbekistan, driven by expanded drilling and well workovers.
SOFAZ forecasts 12.7% drop in profit oil and gas revenues in 2026 amid lower output and prices
Uzbekistan orders drastic reforms for oil and gas sector
Ensuring energy security and uninterrupted supplies to the economy remain critical priorities for Uzbekistan, the presidential administration said.
Gazprom warns of record European gas withdrawals
Russia’s Gazprom said Europe has again set records for daily gas withdrawals from underground storage facilities.
Turkey’s natural gas consumption climbs to record 60-61 bcm in 2025
Households burnt through more than an annual 20 bcm for the first time.
Iraq's state-owned Basra Oil takes operatorship of West Qurna-2 from Russia's Lukoil
Gazprom sets new record in gas flows to China via Power of Siberia 1
Russia’s Gazprom has set a new record for daily natural gas deliveries to China via the Power of Siberia trunk pipeline, following a continued ramp-up in exports to its largest Asian customer.
Uzbekneftegaz reports record gas flow from new exploration well
Uzbekistan’s state energy company Uzbekneftegaz has recorded an industrial inflow of natural gas from another new exploration well in the Ustyurt region.
Azerbaijan projected as top natural gas supplier to Georgia in 2026
Georgia’s Economic Ministry expects natural gas supplies to remain largely unchanged in 2026, with imports projected at about 3.34bn cubic metres (bcm), close to the 3.32 bcm projected for 2025, Businessmedia reported.
Russia still a top four gas supplier to EU in 2025
Russia remained the fourth-largest supplier of natural gas to the EU in 2025, exporting nearly 38bn cubic metres despite ongoing efforts by the bloc to reduce energy reliance on Moscow following its full-scale invasion of Ukraine.
Kazakhstan’s two major oilfields see output reductions of up to 200,000 barrels a day after Black Sea terminal disruptions
Disruptions at a major Black Sea export terminal reportedly resulted in output reductions of up to 200,000 barrels a day at two of Kazakhstan’s largest oilfields in December.
Russia-bound oil tanker sailing Black Sea calls for Turkish coastal guard assistance after suspected drone hit
A Russia-bound empty crude oil tanker sailing the Black Sea on January 8 reportedly called for assistance from the Turkish Coastal Guard after a suspected drone attack.
EU remains top buyer of Russian Arctic LNG despite 2027 phase-out pledge
Russia’s Yamal LNG project continues to earn billions of euros from the EU, with new data revealing that more than three-quarters of the project’s liquefied natural gas exports in 2025 were delivered to EU terminals.
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