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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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Ukraine gas sector profits plunge after Russian strikes hit infrastructure
Ukraine’s gas production industry saw profits collapse by around 80% in 2025, as sustained Russian attacks on energy infrastructure severely disrupted output and revenues.
Kyrgyzstan: Ousted security services chief now facing corruption allegations
Suspected of involvement in scheme to skim millions while he led an anti-corruption campaign.
Uzbekneftegaz to bore 105 wells with China National Petroleum Corporation subsidiary Xibu
Iran begins charging vessels to transit Strait of Hormuz through IRGC-controlled 'safe corridor'
Iran begins charging up to $2mn per vessel for passage through a new IRGC-controlled "safe corridor" in the Strait of Hormuz, with India, China, Pakistan and Iraq among countries negotiating access.
Iran’s permits-for-passage through Hormuz system is developing fast
Iran has begun extracting payments of up to $2mn per tanker for passage through the Strait of Hormuz, as the informal permits-for-passage system allowing only tankers from “friendly countries” through develops quickly.
Russia accuses Ukraine of trying to disable pipelines that deliver gas to Turkey, Hungary and Slovakia
Gazprom alleges 26 attack drones tried to reach compression stations vital to TurkStream and Blue Stream operations.
Mining output in Azerbaijan rises marginally as oil production declines and gas transport increases
Data on super-polluting plumes show Turkmenistan’s joining of Global Methane Pledge has achieved little
Still one of the worst for potent mega-leaks.
Kyrgyzstan offers moratorium on business inspections, tax service explains “slowness” in probing Kyrgyzneftegaz graft
Journalist was expelled from country when he raised similar corruption claims four years ago.
Report says Azerbaijan to deliver 12,000 pipes to Turkmenistan’s TAPI pipeline project
Almost 12,000 Azerbaijan-manufactured pipes will reportedly be delivered to the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project by the end of this year.
Ukraine and Romania in early talks on Black Sea gas development
Naftogaz is in early-stage discussions with OMV Petrom over the potential joint development of a gas field in the Black Sea, in a move that could bolster regional energy security once the war ends.
KazTransOil expects to export 474,000 tonnes of crude via CPC in March
Kazakhstan’s state pipeline operator KazTransOil (KZ: KZTO) said it expects to export 474,000 tonnes of crude via the Caspian Pipeline Consortium (CPC) pipeline that runs to Russia's Black Sea coast in March.
Swiss court upholds Naftogaz victory over Gazprom in $1.4bn dispute
Naftogaz has secured a decisive legal victory against Gazprom after the Federal Supreme Court of Switzerland rejected Moscow’s attempt to overturn a multibillion-dollar arbitration ruling.
TotalEnergies targets first gas from Absheron Phase 2 in 2029
TotalEnergies plans to begin production from the second phase of the Absheron gas-condensate field offshore Azerbaijan on September 1, 2029.
Europe buys Russia’s entire share of Yamal LNG exports in February
Europe bought every single shipment of LNG produced by Russia’s Yamal LNG plant in February -- first time since April 2018 that the EU accounted for 100% of exports from the Arctic facility.
First gas from Absheron full field development planned for September 2029
First gas production under the Full Field Development project of Azerbaijan’s Absheron gas-condensate field is planned for September 2029, according to TotalEnergies Absheron B.V., one of the companies involved in the project.
Ukraine’s Naftogaz reportedly approaches OMV Petrom for Black Sea offshore gas partnership
Ukraine’s state-owned energy company Naftogaz is in early-stage talks with Romania’s OMV Petrom (BVB: SNP) over a potential partnership to develop an offshore gas field in the Black Sea.
World Bank to fund fixes across Uzbekistan's leaky gas grid
Uzbekistan has secured a $10.6mn World Bank grant to finance the fixing of leaks plaguing the country's ageing gas network.
Kyrgyzstan accuses fired national security chief Tashiyev of major corruption
‘People’s general’ was last month suddenly fired by president, who has since mounted a wide-ranging purge of his allies.
Azerbaijan plans major ramp-up in gas, power exports
Damaged Russian LNG ship reported as still afloat
A Russian LNG carrier damaged in an apparent drone boat attack earlier this month is drifting in the central Mediterranean but remains afloat.
Another Russian Arc7 begins sea trials
Russia’s newest ice-class LNG carrier, the Arc7 tanker Konstantin Posyet, has likely begun sea trials.
US allows Russian oil to flow amid Hormuz crisis
The US has temporarily authorised transactions involving Russian oil already loaded onto tankers, allowing sales of the cargoes until April 11 amid supply disruptions linked to the conflict in the Middle East.
Discounts on Russia’s Urals blend oil fall to zero
Russia is poised to reap a major financial windfall from rising global oil prices due to the war in the Gulf, after the discounts on the Urals blend of oil fell to zero in the last week
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