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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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Kazakhstan starts sending petrol to Russia from a Tatneft-linked refinery
Kazakhstan has begun shipping small volumes of petrol to Russia from a refinery that has been processing crude to order for Tatneft, a producer under British and Canadian sanctions.
Every major Lukoil refinery in Russia is now shut
Lukoil has no large working refinery left in Russia after a drone strike stopped its Kstovo plant, the fourth-biggest in the country.
Tajikistan emerges as potential market for Turkmen gas exports
Turkmenistan, holder of the world's fourth-largest natural gas reserves, is exploring Tajikistan as a potential export market as it seeks to diversify away from its longstanding huge reliance on China for gas sales, a report says.
Russian fuel shortages pose risks to Kazakhstan’s harvest and inflation
Fuel shortages in Russia and heightened geopolitical uncertainty in the Middle East are creating additional risks for Kazakhstan’s agricultural sector ahead of the autumn harvest.
Kazakhstan to more than double oil refining capacity by 2033
Kazakhstan plans to more than double its oil refining capacity to 40mn tonnes a year by 2033 as disruptions to its main crude export route strengthen the case for selling more processed fuel to neighbouring markets.
Kazakhstan’s major refineries hold back on Russian petrol exports
Kazakhstan’s major oil refineries have reportedly not used quotas allocated to them for petrol exports to Russia, as domestic supply constraints, payment difficulties and the risk of Western sanctions discourage shipments.
Kazakhstan explores Baku-Supsa route for oil exports as Trans-Caspian green energy corridor advances
Kazakh refinery to process Russian oil and send 70% of fuel output to Russia
Kazakhstan’s privately owned Kondensat refinery will begin processing Russian crude and plans to send up to 70% of the resulting petrol and diesel production to Russia.
Kazakhstan cuts 2026 oil production forecast after CPC disruptions
Kazakhstan has cut its 2026 oil production forecast to 96mn tonnes from an initial target of nearly 100mn tonnes in the wake of the repeated drone strikes that have disrupted the operation of the Caspian Pipeline Consortium (CPC) pipeline.
Fire breaks out at major Kazakh oil refinery
A fire broke out at Kazakhstan's Atyrau oil refinery on August 25, although the facility continued operating normally and no injuries were reported.
Kazakhstan’s KPI sees 13% y/y rise in polypropylene output in 7M26
Kazakhstan Petrochemical Industries (KPI) has reported a 13.4% y/y increase in polypropylene (PP) output to 248,400 tonnes during 7M26.
KBR to license technology for Kazakhstan’s first sustainable aviation fuel plant
US engineering company KBR has won a contract to provide technology and engineering services for Kazakhstan’s first sustainable aviation fuel plant, KBR said in a press release on August 24.
Russians driving to Kazakhstan to fill up, fuel shortages felt across Central Asia following Ukrainian drone campaign against refineries, says report
With Russian oil refineries and fuel depots put out of action by Ukrainian drone strikes, many Russians are driving hundreds of kilometres to oil-rich neighbouring country Kazakhstan just to fill up their vehicle’s fuel tank, according to a report.
Novak says Russia is strengthening protection of oil refineries amid Ukrainian strikes
Russia is continuing to strengthen protection around its oil refineries and other energy infrastructure following repeated Ukrainian drone attacks, Deputy Prime Minister Alexander Novak has said.
India sees record Russian oil dependence in June and July
India’s dependence on Russian crude reached record levels in June and July as disruption to Middle Eastern supplies pushed refiners back towards Russian barrels despite earlier pressure from Washington to reduce purchases.
Oil prices see modest decline on August 24 despite Washington's threat of new Iranian sanctions
Oil prices fell by around 2% on August 24 as traders took profits following two weeks of gains and awaited details of new US sanctions against Iran.
Poland's Tusk defends alleged saboteurs of Nord Stream gas pipeline
Polish Prime Minister Donald Tusk has said Germany should not prosecute Ukrainians accused of sabotaging the Nord Stream gas pipelines, reiterating Warsaw’s longstanding view that the pipelines themselves posed a threat to European energy security.
Putin claims Moscow had plans for second Polish gas route to Germany
Russian President Vladimir Putin has said Moscow opted to build a direct gas pipeline to Germany across the Baltic Sea after abandoning plans for a second transit route through Poland.
Russian court rejects dual Russian-German citizen's claim for unpaid Gazprom dividends and interest
A Russian court has rejected a claim by a dual Russian-German citizen seeking around RUB87.5mn ($1mn) in unpaid Gazprom dividends and interest, ruling that the payment could not be made outside Russia’s special regime for investors.
Russia envisages $417bn in Arctic investment over next decade
Up to RUB35 trillion of investment could be channelled into projects in Russia's Arctic over the next decade, with oil and gas developments, new shipping capacity and infrastructure among the main areas expected to attract capital.
BP cuts output at Azerbaijan's ACG oilfields amid maintenance
BP has temporarily reduced oil production at three platforms at Azerbaijan’s Azeri-Chirag-Gunashli field complex as it carries out an 11-day maintenance programme at Central Azeri.
BTC oil supplies drop 8.6% in Jan-July
Oil shipments through the Baku-Tbilisi-Ceyhan pipeline fell by 8.6% year on year in the first seven months of 2026, according to Azerbaijan’s State Statistical Committee.
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