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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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Putin allows TotalEnergies to offload 10% in Arctic LNG 2 project
Russia's independent gas producer Novatek (NVTK) has received special presidential approval for its subsidiary Nordline to acquire TotalEnergies' 10% stake in the Arctic LNG 2 project.
Russian oil flows through Druzhba return to normal as Hungary and Slovakia resume Russian oil and gas imports
Russian crude oil deliveries to Hungary and Slovakia through the Soviet-era Druzhba pipeline returned to normal levels in May, marking the first full month of uninterrupted supplies since transit resumed in April after a dispute.
Absheron project may reshape Azerbaijan’s gas export strategy
SOCAR, TotalEnergies, XRG and BOTAŞ signed an agreement in Baku on 1 June on long-term gas supplies from the Absheron gas-condensate field to Turkey. The deal covers the supply of a total of 33bn cubic metres of natural gas from Azerbaijan to Turkey
Azerbaijan gas covers 60% of Bulgaria's needs as green corridor feasibility study set for 2026
Georgia-Azerbaijan energy deals raise energy independence fears as Russian gas imports surge
SOCAR chief outlines AI push, upstream expansion and Syria gas supply at Baku Energy Week
Turkey renews gas arrangement with Azerbaijan, secures 33 bcm over 15 years
Turkey has renewed its gas import arrangement with Azerbaijan, securing supplies of 33bn cubic metres (bcm) of natural gas from Azerbaijan over 15 years.
Kazakhstan restores oil output after Tengiz disruption
Kazakhstan has restored oil production to approximately 290,000 tonnes per day following a temporary disruption at the Tengiz oilfield, the country’s largest producing asset, it is reported.
Azerbaijan positions itself as dual-track energy hub amid global supply uncertainty
Azerbaijan is accelerating both fossil fuel and renewable energy development as it seeks to entrench its role as a reliable supplier to Europe and emerging markets, Energy Minister Parviz Shahbazov told the 31st Baku Energy Forum.
Jade announces milestone Mongolia approval of maiden reserves at gassy coal seams project
Jade Gas Holdings (ASX: JGH) on June 1 announced the approval of maiden reserves by the Mongolian Minerals Reserves Council (MRC) for its Tavan Tolgoi Coal Bed Methane (TTCBM) project in South Gobi.
Uzbekistan’s industrial output rises 8% y/y in Jan-April despite decline in gas, oil production
Uzbekistan's industrial enterprises produced UZS 394.7 trillion ($33bn) worth of goods in January to April, equivalent to a 7.8% y/y increase, according to the national statistical committee.
Rubio backs Trans-Caspian gas pipeline proposal in meeting with Turkmenistan’s top diplomat
Infrastructure could boost European energy security, though Russia could move to block it.
EU mulls freezing Russian oil sanctions as fuel shortage looms
The European Union is considering a temporary freeze on its Russian oil price cap mechanism as policymakers worry about a looming fuel shortage as a result of the Iran war disruptions.
Russian oil tanker arrives in Japan as Middle East supply concerns grow
A tanker carrying Russian oil has arrived at Japan's Kiire port as Japanese firms step up purchases on a government request, Russian media reports.
Russia reports fuel facility fires in Saratov and Rostov after Ukrainian drone attack
Fires hit fuel facilities in Russia's Saratov and Rostov regions after an overnight Ukrainian drone attack, with Moscow blaming falling debris and Kyiv claiming direct strikes on a Rosneft refinery.
Armenian PM pushes back against Russian threat of higher gas prices
Armenian Prime Minister Nikol Pashinyan has pushed back against Russian threats to cut Yerevan’s access to discounted gas.
Russian seaborne oil exports hit highest level since start of year
Russian seaborne crude exports rose to their highest level since the start of the year in the week to May 24, supported by stronger Baltic loadings and higher ESPO shipments from the Far East.
Turkey cut Urals imports to lowest level in 18 months in May
Turkey cut imports of Russia’s Urals crude from Baltic and Black Sea ports in May to the lowest level in almost 18 months, as the grade loses some of its price advantage.
Kazakhstan may revise CPC oil tariffs
Kazakhstan may consider revising tariffs on the Caspian Pipeline Consortium system, although any change would require shareholder consensus.
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