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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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Saneg opens first company-operated petrol station in Tashkent
Caspian oil export terminal ready to boost crude sales, Iranian officials say
The managing director of the Iranian Oil Terminal Co. (IOTC) said Iran’s Caspian Sea export terminal had boosted its capacity to 200,000 barrels per day to keep oil and condensate exports on track.
Putin arrives in Kazakhstan
EuroChim Karatau to open fertiliser plant in Kazakhstan by 2027
Gazprom reportedly conditions gas supplies to Moldova on $708mn claim
Gas giant wants Moldova to repay disputed debt or risk losing Russian gas supplies after expected closure of Ukrainian route.
Azerbaijan's oil and gas transportation revenue shows mixed trend in January-September
Azerbaijan's revenues from oil and gas transportation through its main pipelines showed contrasting trends in the first nine months of 2024.
Russian gas flow through Ukraine continues to be stable
Russian natural gas flow to Europe via Ukraine remained stable on November 27, despite Gazprom cutting off supply to Austria’s OMV over non-payment earlier this month.
Turkey seeks US waiver from Gazprombank sanctions
Turkey is seeking a waiver from US sanctions on Russia’s state bank Gazprombank, which plays a critical role in facilitating payments for Russian natural gas supplies.
Turkey warns US sanctions on Gazprombank could jeopardise its energy security, seeks exemption
OPEC Fund signs $30mn loan agreement with Ipak Yuli Bank to support MSMEs in Uzbekistan
Ukraine to launch several new biomethane plants amid growing market potential
Ukraine is set to expand its biomethane production capacity, with several new plants planned for construction.
Ukraine cuts gas imports by 86% as domestic production rises
Ukraine has significantly reduced its reliance on gas imports, cutting volumes by 86% in the first half of 2024 after increasing domestic production.
Russian climate projects to generate up to 85mn carbon credits
Climate projects that have been included in Russia’s carbon unit registry have the potential to generate 84.7mn carbon credits.
Kazakhstan plans construction of fourth oil refinery to meet light oil products demand
Serbia seeks Russian support for Druzhba oil spur
Russian oil pipeline operator Transneft announced on November 21 it had signed a memorandum of co-operation with Serbia’s Transnafta Pancevo.
Moldova to talk with Gazprom on gas supply via alternatives to Ukraine route
Moldovan Energy Minister Victor Parlicov intends to hold talks with representatives of Russia’s Gazprom on ensuring Russian gas supply to the breakaway region of Transnistria via alternative routes to Ukraine.
Ilsky refinery seeks state support for modernisation
The independently-owned Ilsky oil refinery in Russia’s Krasnodar region has approached the government for support under an agreement with the energy ministry to modernise the plant.
Gazprom Neft hired to boost flow from Norilsk Nickel gas wells
Russian oil producer Gazprom Neft announced on November 21 it had been hired by Russian mining and smelting firm Norilsk Nickel to help boost the productivity of wells at the North-Soleninskoye gas and condensate field in northern Russia.
Foundation work begins on Amur GCC's polypropylene unit
The Amur Gas Chemical Complex, a joint venture between Russia’s Sibur and China’s Sinopec, has begun foundational work on its polypropylene production unit.
Kamchatka starts building small-scale LNG complex
Russia discusses draft new energy strategy
Russia’s energy ministry hosted discussions on November 22 on the country’s draft national energy strategy up to 2050.
Kazakhstan makes fresh pledge to make up for producing beyond OPEC+ quota
Kazakhstan's government has once more vowed to make up for exceeding its OPEC+ quota for oil production this year, stating it will curtail output by an equivalent amount between now and September next year.
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