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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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Greece’s DEPA delivers LNG cargo to Bulgartransgaz
Greek energy company DEPA Commercial has completed the shipment of an LNG cargo to Bulgaria’s state-run energy firm Bulgartransgaz.
Moscow court resumes case lodged by Turkey's Tekfen against Rosneft-BP joint venture
The Moscow Arbitration Court restarted the case in late July after receiving a court-ordered expert report.
KMG denies claim Exxon pledges $80bn Kashagan investment if disputes are ended
KMG has rejected reports of an $80bn ExxonMobil plan to develop western Kashagan, but the proposal highlights the huge investment at stake.
Sakhalin-1 production sees further growth after tanking four years ago
Sakhalin-1 oil production has climbed back towards pre-2022 levels as new drilling offsets decline at the mature Russian Far East project.
Ukraine launches five Russian refinery strikes in just four days
The renewed attacks are particularly significant because Russia's refining system is already under pressure from repeated strikes and unplanned outages.
Russia strikes Kyiv fuel storage site
Russia struck a fuel storage facility in Kyiv on August 8 that it claims was used to supply Ukrainian forces in the east of the country, as Moscow continues targeting Ukraine's energy and logistics infrastructure.
Siberian methane surge could offset 20% of global cuts by 2050
The study found that Siberian growing-season methane emissions increased by 12.0mn tonnes between 2010 and 2023, with an uncertainty of ±1.9mn tonnes, rising at an average rate of about 5% per year.
Kazakhstan makes fresh push to draw investors to new oil and gas blocks
Kazakhstan will offer 24 oil and gas blocks to investors in a new licensing auction in November, including several large frontier exploration areas containing sizeable prospective resources.
Russia to start supplying 100,000 tonnes monthly to Kyrgyzstan by end of August
Russia is expected to begin supplying Kyrgyzstan with 100,000 tonnes of refined fuels per month by the end of August.
Azerbaijan stresses it is prepared to ship gas to Ukraine
Azeri Foreign Minister Jeyhun Bayramov made the comments during a joint press conference with his Ukrainian counterpart Andrii Sybiha in Kyiv on August 6.
Russia starts importing gasoline from Morocco as drone strikes gut its refineries
Russia has begun importing gasoline from as far away as Morocco after Ukrainian drone strikes cut its refining capacity to a two-decade low, Euromaidan Press reported on August 6, with a cargo loaded at Tangier discharged at the Arctic port of...
Europe demands Turkey certify its gas exports are not Russian in origin
European buyers are demanding that Turkey provide documentation proving natural gas transported through Turkish territory is not of Russian origin, Turkish Energy Minister Alparslan Bayraktar said in an interview.
Azerbaijan ready to supply gas to Ukraine if needed, foreign minister says
Azerbaijan is prepared to supply natural gas to Ukraine if required and plans to deepen energy cooperation with Kyiv, Azerbaijani Foreign Minister Jeyhun Bayramov said.
CPC operations vital to Kazakhstan face repeated interruptions as tanker shortages follow drone attacks, says report
CPC, which runs the main export route for Kazakhstan's crude oil, has repeatedly suspended operations this week because of safety concerns and a shortage of tankers following drone attacks near the Russian Black Sea coast, says a report.
Russian fuel crisis sees divergence between diesel and gasoline
Russia’s fuel crisis is showing signs of splitting into two separate markets, with diesel supply recovering sharply even as gasoline remains in deficit following weeks of refinery outages, repairs and drone attacks.
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.
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