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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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Aliyev seals strategic partnership with Germany, secures gas deal expansion in Berlin
Azerbaijani President Ilham Aliyev and German Chancellor Friedrich Merz signed a Joint Declaration on a Strategic Agenda for Bilateral Partnership in Berlin on July 21, formalising various cooperations.
Kazakhstan warns Kashagan operator of possible criminal action over unpaid environmental fine
Kazakhstan has reportedly warned the head of the consortium operating the Kashagan oil field of possible criminal prosecution after the developer failed to pay a KZT 2.3 trillion ($4.92bn) environmental fine,
Ukraine not behind latest drone attacks on tankers serving main Kazakh oil export route, claims Kyiv
Ambassador to Astana suggests Russia is running false flag operations.
EU tries to keep Russian LNG sanctions alive
The EU is considering at least three options to overcome an impasse over new restrictions on Russian liquefied natural gas (LNG), including a possible 24-month wind-down period.
Analyst pours cold water on Putin's proposal for network of mini-refineries
Putin said involving small and medium-sized businesses should be encouraged, noting that a dispersed refining system would be harder to damage.
Kyrgyzstan starts importing fuel from Belarus and China to cover lost Russian volumes
Kyrgyzstan has faced fallout from the Russia's fuel crisis as it typically relies on Russian fuel to cover up to 90% of its demand.
Evidence shows Russia's Novatek may be resuming work on Arctic LNG-2's third train
Two sanctioned heavy-lift vessels have delivered key modules for the third production train of Novatek’s Arctic LNG 2 project to its Belokamenka construction yard near Murmansk.
Turkmenistan seeks equipment from Germany's VIETZ to overhaul gas production and transport
Turkmenistan has authorised state-owned Turkmengaz to purchase equipment from Germany’s VIETZ as part of efforts to modernise the country’s gas production and transportation infrastructure.
Russia's Sibur pilot-tests polyethylene production for Amur plant
The simulation, carried out at SIBUR’s technology piloting centre in Tobolsk, recreated the future production process using the suspension technology that will be deployed at Amur.
Kazakh gas processing project falls far behind schedule
Kazakhstan’s new gas processing plant at Zhanaozen is only around 40% complete despite 81% of its contractual construction period having elapsed, putting its planned 2027 start-up under growing pressure.
Kazakhstan restores output at Karachaganak gas-condensate field after late June drone strike at Russian processing plant
A Ukrainian drone strike on June 24 on the Orenburg plant, which processes Karachaganak’s gas, disabled the facility, causing Kazakhstan to cut production at the field.
Ukraine drone attack halts oil loadings at Kazakhstan's main export terminal
Oil loading operations at the CPC terminal on Russia's Black Sea coast have been suspended again, following after a Ukrainian drone attack on an oil tanker.
Jade executes collaboration agreement with three Chinese partners for coal bed methane project at Red Lake, Mongolia
ade Gas Holdings (ASX: JGH), a gas developer focused on the coal bed methane (CBM) potential of Mongolia, said on July 20 in a press release that it has executed a non-binding collaboration agreement.
Three tankers involved in CPC operations hit on Black Sea over weekend, Kazakhstan condemns attacks
The Caspian Pipeline Consortium (CPC), which carries 80% of Kazakhstan’s oil exports to the Russian Black Sea coast for shipping, said that two oil tankers, ASIA and NISSOS IOS, came under attack while loading crude oil on July 19.
Moldovan energy trader seeks 45% increase in regulated natural gas price
Moldova's state-owned gas trader Energocom has asked the National Agency for Energy Regulation (ANRE) to approve a 45% increase in the regulated natural gas tariff for household consumers, citing higher import costs and financial deviations.
Naftogaz's supervisory board appoints new acting chairman
Fedorenko takes charge as Naftogaz works to rebuild damaged oil and gas infrastructure, secure sufficient gas stocks and prepare for the next winter amid continued Russian attacks.
KMG, Sinopec to start surveying at Kazakh oil and gas block this year
The companies plan to carry out 900 linear km of 2D seismic work at the block in the West Kazakhstan region.
Ukraine's Naftogaz reports another Russian strike on gas production facility in Kharkiv
The company said it could not yet determine the scale of the damage because of the continuing threat of further strikes. It did not identify the facility or disclose how much production had been taken offline.
Ukraine attacks three more refineries in five days
Ukraine has attacked three Russian oil refineries and a fuel depot in five days, intensifying a campaign that is already disrupting refining operations and straining domestic petroleum product supplies.
Transneft raises dividends for 2025 despite steep fall in profits
The decision was taken by the company’s sole voting shareholder, state property agency Rosimushchestvo.
More than 150 Russian filling stations put up for sale over past month amid fuel crisis
Independent stations have been particularly exposed to Russia’s recent fuel squeeze because they lack their own refining capacity and must buy products on the SPIMEX exchange, directly from refineries or through traders.
Russian gasoline prices see further rise in week ending July 17
Ukraine is waging a relentless drone strike campaign against Russian oil refineries, forcing the country to stop importing fuel and introduce a range of policy measures to alleviate the supply crisis.
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