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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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TMK, Mongolia’s energy ministry to study acceleration of natural gas as fuel source in energy mix
TMK Energy (ASX: TMK) and Mongolia’s Ministry of Energy have signed an agreement to jointly study the acceleration of natural gas as a fuel source in the country’s energy mix, the company said in a market announcement released on February 11.
Rosneft's German refinery warns US sanctions threaten Berlin's fuel supply
Rosneft's German refinery warns US sanctions could disrupt Berlin's fuel supply as pressure mounts ahead of April US sanction deadline
First gasoline tanker arrives at Poti port from Antwerp
Ukraine installs 1.4 GW of gas-fired generation since invasion, with 3 GW more planned
Ukraine has installed 1.4 gigawatts (GW) of gas-fired distributed power generation capacity since the start of the war, the Energy Ministry said, as the country seeks to bolster energy resilience amid repeated attacks on its infrastructure.
New Delhi and Washington’s ongoing claims and counter claims over Russian oil exports to India
Russia is still exporting oil to India. At least that is what New Delhi – and Moscow - claim. Half a world away meanwhile, Washington has repeatedly announced that New Delhi is on the cusp of a clean break.
Kazakhstan's Qarmet produces 3.8mn tonnes of steel in 2025
Russia’s Northern Sea Route cargo turnover down 2.3% in 2025
Brent set to fall 10% in 2026, analysts say
The average price of Brent crude oil is expected to fall by around 10% in 2026 to $62.1 per barrel, despite a recent rise in prices, as a persistent supply surplus continues to weigh on the global market.
Russian gas output dips 3.2% in 2025
Russia’s total gas production fell 3.2% in 2025, while output of LNG declined 3.6%, according to data published by Rosstat.
Russia's Transneft completes West Siberian oil pipeline overhaul
Russia’s pipeline monopoly Transneft said its West Siberia subsidiary has completed the final stage of a large-scale reconstruction of the Omsk–Sokur trunk oil-products pipeline.
US to ship first LNG to Ukraine via Poland this year
Ukraine has received its first shipment of US LNG this year, with around 100 mcm delivered via Poland’s Swinoujscie LNG terminal in partnership with Polish energy group Orlen.
Russia plans swap deal to supply Kamchatka with LNG
Under the arrangement, LNG for Kamchatka will be delivered from Novatek’s floating LNG storage unit, Koryak FSU, while Novatek will receive equivalent volumes in larger cargoes from Gazprom’s Sakhalin-2 project.
Russia scraps free-port deal for Far East LPG terminal
The development corporation filed a claim in the Arbitration Court of Primorsky Krai in January, and the court accepted the case on January 13.
Russia's YATEK sees bump in 2025 revenues
The statement said the company exceeded its planned production and commercial targets, maintaining profitability and the reliability of gas supply to central Yakutia.
Gazprom petchem unit eyes 2029 completion of polymers plant
Russian petrochemicals group Gazprom Neftekhim Salavat plans to complete construction of a superabsorbent polymers plant in 2029.
UK considers selling seized Russian shadow tanker oil
The UK is examining whether it can sell oil held on board detained tankers linked to what it calls Russia’s “shadow fleet”, and use the proceeds to help cover the cost of holding the vessels.
Exploring the Russia-India oil rupture
India’s imports of discounted Russian crude, which surged after the invasion of Ukraine, are now under pressure as Western sanctions enforcement and trade diplomacy complicate what was once a straightforward economic choice.
Kazakhstan may see sharp drop in oil exports in February, says report
Kazakhstan reportedly may see a sharp drop in oil exports this month through its primary export corridor via Russia, with shipments potentially declining by up to 35%.
Bharat Petroleum in talks with Azerbaijan on LPG supply as it seeks to diversify imports
Chinese demand for Russian coal still rising
Chinese demand for medium-grade Russian coal increased in late January 2026, pushing prices up to $79–$82.8 per tonne from $79–$80.8 per tonne a week earlier.
Russian oil discounts to China jump on US-India deal
Discounts on Russian oil shipped to China widen further on prospects on halting Indian supplies under US-India trade deal
US, Russian share of Europe’s LNG imports soars to record 80%
Europe’s dependence on liquefied natural gas (LNG) from the US and Russia surged to an all-time high in January, with the two countries accounting for more than 80% of the continent’s total seaborne imports, Bloomberg reported on February 5.
Kazakhstan and China formalise agreement on $7.8bn development of hard-to-recover gas at Sozak field
Kazakh Invest and China’s Geo-Jade Petroleum Corporation have reportedly formalised a cooperation and project-support agreement aimed at moving forward with the development of the Sozak gas field in Kazakhstan’s Kyzylorda Region.
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