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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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IntelliNews Lambda: Europe’s gas storage slips below seasonal trendline amid persistent cold snap
Europe’s gas storage levels have dipped below the long-term seasonal average for the first time this winter, in a sign that the ongoing big freeze cold spell is beginning to bite into the continent’s energy security buffer.
Chevron reportedly gives assurances to help guarantee safe and reliable operation of Kazakhstan's Tengiz oilfield
Kazakhstan reportedly said on January 29 that Chevron has given assurances that it will strengthen measures to guarantee the safe and reliable operation of facilities at the Tengiz oilfield, following a series of incidents that disrupted output.
Ex-head of Uzbekneftegaz detained over alleged major embezzlement
Former chairman of the board at Uzbekneftegaz (UZNGP) Bakhodirjon Sidikov has been taken into custody amid an investigation into an alleged large-scale embezzlement at the state-owned oil and gas company.
Sanctioned Russian oil major Lukoil signs “non-exclusive” deal with Carlyle
Sanctioned Russian oil major Lukoil says it signed a foreign asset deal with Carlyle, although the deal is "non-exclusive" and negotiations with other buyers continue
TAPI project stretch running from Turkmenistan to Herat, Afghanistan reported as ready for pipe installation
A 91-kilometre (56-mile) stretch of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline route running from Turkmenistan to the oasis city of Herat in northwestern Afghanistan is said to have been prepared for pipe installation.
Kazakhstan requests US approval to purchase Russian Lukoil’s local assets
Kazakhstan has formally approached US regulators to seek approval to purchase Russian oil group Lukoil’s interests in the country’s energy assets, Reuters reported on January 28.
Russian gas supplies to Uzbekistan jump 30% y/y in 2025
Uzbekistan purchased $1.23bn worth of piped natural gas from Russia in 2025, with the volume marking a 30% y/y increase, according to the International Energy Agency (IEA).
Kazakhstan’s Tengiz oilfield expected to recover less than half of its normal output by February 7
Kazakhstan’s largest oilfield, Tengiz, has been reported as expected to recover less than half of its normal output by February 7, with production resuming only gradually since a fire and subsequent power outage.
SOFAZ assets rise 22.5% to $73.5bn by end-2025 as oil revenues and valuation gains boost inflows
Western oil producers may face $4bn in fines after losing Kazakh Karachaganak arbitration case
An international consortium developing Kazakhstan’s Karachaganak oilfield has reportedly lost an arbitration case brought by the Kazakh government, a ruling that could leave the partners facing compensation payments of up to $4bn.
Kazakh energy minister dismisses reports of talks on acquisition of Russian Lukoil’s assets in Kazakhstan
Kazakhstan’s Energy Minister Yerlan Akkenzhenov said on January 26 that Kazakhstan’s government is not engaged in discussions with Russia’s Lukoil over the acquisition of the company’s assets in the country, dismissing earlier reports.
Kazakhstan’s oil exports regain capacity after CPC mooring point returns to service and Tengiz resumes production
Kazakhstan’s main oil export route via the Russian Black Sea coast has regained some capacity. The Caspian Pipeline Consortium (CPC) has been reported as saying that one of its offshore loading facilities has returned to service.
EU ban on Russian-origin fuel to raise logistical costs
An EU ban on importing fuel made from Russian oil outside Russia is forcing tanker operators to rework trading routes and is likely to raise logistics costs by increasing the share of ballast voyages.
Russia sees slight growth in oil production in 2025: Novak
Russia produced 512mn tonnes of oil in 2025, down 0.8% from 2024, Deputy Prime Minister Alexander Novak wrote, describing the sector as stable despite output limits under OPEC+ commitments and sanctions.
Azerbaijan's SOCAR strikes deal to take 10% stake in Ivory Coast project from Eni
Italy’s Eni signed last week a binding agreement to sell a 10% stake in its Baleine offshore project in Ivory Coast to Azerbaijan’s state oil company SOCAR.
France detains oil tanker allegedly part of Russia's shadow fleet
“We will not tolerate any violations,” French President Emmanuel Macron said.
Uzbekistan reports strong well result at Muynak gas field
The country is pushing to boost reserves and lift daily output targets despite a recent decline in national production.
Preparations underway to restart Kazakhstan's Tengiz oilfield
Kazakhstan’s Tengizchevroil consortium has begun the initial stage of resuming oil production at the giant Tengiz field after a fire forced a precautionary halt.
Russia pledges to stabilise gas supply to Moldova's breakaway region
Russia is working to stabilise natural gas supplies to Moldova’s breakaway Transdniestria region, but deliveries remain beset by difficulties after Ukraine ended the transit of Russian gas and routes were altered.
Russia's first domestic Arc7 LNG carrier arrives at Arctic LNG-2
The first Russian-built ice-class Arc7 LNG carrier for Novatek’s Arctic LNG-2 project has arrived at the plant after travelling via the Northern Sea Route.
Gazprom reports record daily gas use in Russia amid cold snap
Cold weather drove higher demand across much of the country.
EU Council shores up bloc's plan to phase out Russian gas
The EU on January 26 adopted new rules to phase out imports of Russian pipeline gas and LNG, setting out stepped deadlines through 2027 and introducing multi-million-euro penalties for violations.
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