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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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Russia's Gazprom Neft launches large-scale deployment of domestic fracking tech
Gazprom Neft has begun the large-scale deployment of domestically developed repeat hydraulic-fracturing technology at mature oilfields in Russia’s Khanty-Mansiysk region.
Russia's Lukoil makes fresh bid for oil acreage off Kaliningrad
Russia’s top independent oil producer Lukoil has submitted a fresh application to explore the Nadezhda block in Russia’s Baltic Sea waters.
SOCAR strengthens hold of Azerbaijan's top oil asset with purchase of stake held by Japan's Itochu
The value of the transaction was not disclosed.
OPEC+ agrees final 188,000 b/d output increase for September
Seven OPEC+ countries -- Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman -- agreed to raise oil output by 188,000 barrels a day in September, Russia's Pivot to Asia reported on August 5, completing the unwinding of 2023's...
Belarus fuel exports to Russia hit record high in July
Gasoline and diesel exports from Belarus to Russia hit a new monthly record in July, Reuters reported on August 5, citing two industry sources and its own calculations, amid fuel shortages driven by unplanned outages at Russian oil refineries...
Turkey’s imports from Russia sink to lowest since May 2021 as energy trade reroutes
Turkey’s imports from Russia dropped 40.5% y/y to $2.1bn in July, falling to their lowest monthly level since May 2021, as energy trade appeared to shift toward other suppliers amid heightened security risks in the Black Sea.
Tour guides association says urgent government action required to address Mongolia’s fuel supply crisis
Fuel supply disruptions could pose severe risks to Mongolia’s tourism sector and to the country’s reputation, the Mongolian Professional Tour Guides Association said at a press conference as part of a call for government action.
Russian gas heads for Iran via Azerbaijan, retracing a Soviet-era pipeline route
Russia and Iran are moving closer to implementing a long-negotiated natural gas agreement routed through Azerbaijan, retracing a Soviet-era pipeline corridor last used in the 1970s.
Russian LNG remains embedded in Europe
Russian LNG remained embedded in the EU’s supply mix in July even as Europe’s overall imports of the fuel fell to their lowest level in almost two years.
Uzbekneftegaz produces 11.5bn cubic metres of gas in 1H
Uzbekistan's state-owned energy company Uzbekneftegaz produced 11.5bn cubic metres (bcm) of natural gas in the first half of the year, while exceeding production targets for oil and refined petroleum products.
Kazakhstan considers building SAF plant in Alatau City with Hong Kong investor
Kazakhstan is considering building a sustainable aviation fuel (SAF) plant in Alatau City in partnership with Hong Kong investment firm Full Vision Capital.
Ankara urges Russia, Ukraine to ensure Black Sea safety after drone attack on Turkish vessel near Novorossiysk
Turkey on August 4 called on both Russia and Ukraine to uphold maritime safety in the Black Sea after a drone strike hit a Turkish owned vessel near the Russian port of Novorossiysk, seriously injuring three crew.
Mongolia announces AI-92 petrol imports sufficient for 2.5 days amid fuel supply crisis
AI-92 petrol volumes equivalent to 2.5 days of the regular fuel consumption of Mongolia were imported by the country over the weekend, according to the country's Mineral Resources and Petroleum Authority.
Uzbekistan’s dismissed energy minister reportedly detained over abuse of office, embezzlement allegations
Ahead of naming successor, president says main problem with Uzbek energy industry is no longer a lack of funding, it is weaknesses in management.
Russia hits over 200 Ukrainian petrol stations in June-July campaign
Russia has struck more than 200 Ukrainian petrol stations since June - roughly three a day - as its drone and missile campaign systematically targets civilian fuel infrastructure rather than military sites.
Belgium imports only Russian LNG in July
Belgium imported all of its LNG from Russia in July as European and Asian countries compete for scarce supplies of the super-chilled fuel amid the Middle East conflict.
Kazakhstan's OPEC+ oil output target to increase in September
Kazakhstan's OPEC+ crude oil production target will increase by 10,000 barrels per day (bpd) to 1.628mn bpd in September after seven participating countries agreed to raise their combined production target by 188,000 bpd.
Mongolia’s fuel supplies dropping fast as Russian export curbs bite
Mongolia reportedly has around 17 days' of petrol left, with motorists queueing five to six hours to fill up, as Russian export restrictions bite.
Kazakhstan weighs proposal to refine Russian crude oil
Kazakhstan is reportedly weighing a proposal to refine Russian crude oil at its domestic refineries. /
OPEC+ completes voluntary cut rollback with September hike
OPEC+ agreed on August 2 to raise output by around 188,000 barrels per day (bpd) from September
Uzbekistan launches drilling company to boost oil and gas exploration
Uzbekneftegaz has established UNG Burg‘ilash, a new national drilling company that will aim to expand Uzbekistan’s oil and gas exploration capacity and improve domestic drilling services.
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