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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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Kazakh oil producers study Trans-Caspian route as oil export alternative
Kazakhstan’s major oil producers are studying an alternative export route that goes via the Caspian Sea, Azerbaijan and Turkey as disruptions to the country’s main route through Russia raise concerns over export capacity, says a report.
Kazakhstan expects record jet fuel production in 2026
Kazakhstan expects jet fuel production to reach a record 825,000 tonnes in 2026, exceeding the initial target by 75,000 tonnes and marking a 13% increase from 2025.
Moldova raises regulated gas price again after import costs double
Moldova raises by 30% the regulated price of natural gas for household consumers less than a month after the latest (40%) hike on September 1. The import price is expected to double compared to pre-Middle East War.
Kazakh court rejects NCOC challenge to $5bn Kashagan environmental fine
Kazakhstan’s Specialised Interdistrict Administrative Court of Atyrau Region has dismissed a lawsuit brought by NCOC, operator of Kashagan offshore oil field, which challenged enforcement proceedings to collect an environmental fine of around $5bn.
Baker Hughes Russian unit seeks to block $30mn ICC award to Novatek’s Yamal LNG
Russia’s largest independent gas producer Novatek (NVTK) subsidiary Yamal LNG is seeking enforcement of an almost $30mn international arbitration award against the Russian unit of US oilfield services group Baker Hughes (BKR)
Kazakh court rejects NCOC challenge to $5bn Kashagan fine enforcement
A Kazakh court has rejected an attempt by North Caspian Operating Company to overturn enforcement measures connected with a KZT2.36 trillion environmental fine at the giant Kashagan oilfield.
TotalEnergies takes FID on next phase of Azerbaijan's Absheron gas field
France’s TotalEnergies and its partners have taken a final investment decision (FID) on the full development of Azerbaijan's Absheron gas and condensate field, which will quadruple gas production to 6 bcm per year from 2029.
Russia cuts domestic gas supply requirement at Sakhalin 2
Russia has cut the amount of gas from the Sakhalin-2 project earmarked for consumers in the country's Far East over the next three years, potentially leaving more production available for LNG exports.
Moldova approves 30% hike in household gas prices amid spike in import costs
Moldova's energy regulator has approved a 29% increase in household natural gas prices from October 1, marking the second sharp rise in a month as higher European gas prices feed through into state supplier Energocom's procurement costs.
Kazakhstan sells 300,000 tonnes of sulphur in Russia in June-July amid export restrictions
More than 300,000 tonnes of sulphur produced in Kazakhstan was diverted to the Russian domestic market in June and July after restrictions prevented producers from moving cargoes through Russia to export ports.
Chinese investor takes stake in Kazakh gas developer
Kazakhstan-focused Sozak Oil and Gas underwent a major shareholder reshuffle in the first half of this year, with Chinese technology company Yongyou Technology Services emerging as its largest shareholder.
Azerbaijan to cut state oil fund transfer to budget next year despite high energy prices
Azerbaijan will reduce the transfer from the State Oil Fund (ARDNF) to the state budget next year compared with this year, despite energy prices remaining at record and still elevated levels, economy minister Mikayil Jabbarov says.
Kazakhstan advances plan to power crypto mining with associated petroleum gas. reduce flaring
Kazakhstan is developing a project that would allow cryptocurrency miners to generate electricity from associated petroleum gas at oil fields, potentially providing miners with an alternative power source while reducing gas flaring.
Russian gas supplies to Armenia resume after 10-day pause
Natural gas supplies to Armenia resumed on September 25 via the North Caucasus-Transcaucasia main pipeline, Gazprom Armenia said, says a report.
Moldova seeks to diversify gas and oil product imports from Azerbaijan
Gas-tastrophe! Global energy chiefs drill for more while their own seeps away
The global gas industry is spending billions of dollars drilling new fields, constructing LNG terminals and securing supply routes while allowing huge quantities of the commodity it already produces to leak, vent or burn into the atmosphere.
Russia's Gazprom says Belogorsk-Khabarovsk gas link is 90% built
Gazprom (MOEX: GAZP) has built more than 90% of the 828 km Belogorsk-Khabarovsk pipeline joining its Power of Siberia and Sakhalin-Khabarovsk-Vladivostok gas networks, the company said on September 24.
Kyrgyzstan discusses oil refinery, pipeline and border storage facilities with China
Kyrgyzstan is reportedly discussing with China the possibility of building oil storage facilities along the countries' shared border.
Moldova discusses gas supplies with ARETI founder Igor Makarov
Authorities in the Republic of Moldova are discussing a possible return of gas supplies from ARETI, the company founded by businessman Igor Makarov.
Kazakhstan to triple Russian natural gas imports in 2026
Kazakhstan is reportedly preparing to nearly triple its purchases of Russian natural gas this year to about 11bn cubic metres in 2026.
Kazakhstan to auction 56 oil and gas blocks
Kazakhstan is set to auction 56 oil and gas blocks across seven regions on December 25.
Mongolia establishing PPP to build coal pyrolysis plant
Mongolia is to establish a public private partnership (PPP) that will build a coal pyrolysis plant that will draw on coal supplies from Baganuur open-pit mine, located 130 km (81 miles) from the capital city.
ORLEN, Naftogaz plan three LNG cargoes for Q1 2027
Poland’s ORLEN and Ukraine’s Naftogaz have agreed a framework for the supply of three LNG cargoes in the first quarter of 2027, expanding cooperation aimed at strengthening Ukraine’s gas security.
Turkmenistan targets 2027 for TAPI gas flows to Afghanistan
The Turkmenistan-Afghanistan-Pakistan-India pipeline ranks among the largest gas transmission projects in the region. It is designed to carry Turkmen gas across Afghanistan to Pakistan and on to India.
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