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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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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.
Georgia imports Kazakh oil for first time in July
Georgia imported crude oil from Kazakhstan for the first time in July, as the country’s Kulevi refinery begins replacing Russian feedstock ahead of incoming EU restrictions.
Ukraine maintains pressure on one of Russia's biggest refineries
Ukraine has struck TANECO again, keeping pressure on one of Russia’s biggest refineries.
Tajikistan seeks Iranian oil and fuel amid squeeze on Russian supply
There is no information on over what timeframe Dushanbe requests these supplies.
Tajikistan seeks 2.5mn tonnes of oil from Iran amid Russian fuel shortage
Tajikistan has reportedly requested that Iran supply it with 2.5mn tonnes of oil and petroleum products, as a fuel crisis in Russia disrupts supplies from its traditional supplier.
Azerbaijan's crude oil exports to Switzerland, Greece jump, Germany slumps in H1 2026
Russian regional oil major Tatneft to pay 1H26 dividend
The board of Russia’s regional oil producer Tatneft (TATN) of the Tatarstan Republic recommended a 1H26 dividend of RUB32.88 ($0.40) per share, according to the company.
China’s United Energy Group explores liquefied gas project in Uzbekistan’s Surkhandarya
Russian Urals crude sells at a premium in India for the first time since May
Russian Urals crude is being offered to Indian refiners at a premium to Brent for the first time since May, reversing the discount that sanctions were designed to enforce.
Kyrgyzstan subsidises fuel traders amid price spike
Kyrgyzstan has paid around KGS1bn ($11.4mn) in subsidies to fuel traders as the government seeks to prevent a sharp rise in petrol, diesel and autogas prices.
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