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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 claims Kerch Strait oil spill smaller than initially reported
Russia claims that an oil spill that followed the sinking of two oil tankers in the in the Kerch Strait is less serious that initially suspected, TASS reported on January 2.
SOCAR’s role under scrutiny as inquiry calls for criminal charges
A magisterial inquiry into the secret offshore company 17 Black has recommended that SOCAR Trading SA, an arm of Azerbaijan’s state energy firm, face criminal charges alongside individuals accused of corruption linked to Malta’s Delimara project
Moldova’s separatist Transnistria region hit by blackouts and industrial shutdowns after gas cut off
Gazprom ended gas supplies to Moldova including the breakaway pro-Russian Transnistria region on January 1.
Russia cuts gas deliveries to Moldova in attempt to undermine political stability
Majority state-owned Russian company Gazprom discontinued its gas supplies to Moldova on January 1, saying Moldova failed to pay its bills.
Russian gas transit through Ukraine ends, with Europe meeting the new year with 5% less gas
Transit of Russian natural gas through Ukraine ended in the early hours of January 1, depriving the EU of about 5% of its gas supply, after last-hope efforts led by Slovakia to ensure continued flow failed.
Ukraine quadruples domestic gas fees as end of Russian transit deal looms
Ukraine is quadrupling its domestic gas transmission tariffs from January 1 as it braces for the expiry of Russian gas transit deal to European customers that will knock a $1bn hole in budget revenues, Reuters reported on December 30.
Moldova announces emergency measures as Gazprom set to halt gas supplies
Moldovan PM accuses Gazprom of weaponising gas supplies, introduces new measures to save energy.
Russia begins sea trials of maiden domestic-built ice-class LNG carrier
Sea trials have been commenced for Russia’s first domestically constructed ice-class LNG carrier.
Slovakia’s Fico in surprise visit to Putin in Moscow
Slovak Prime Minister Robert Fico made a surprise trip to Moscow on December 22 to hold rare face-to-face talks with Russian President Vladimir Putin, as he seeks to secure gas deliveries ahead of the end of the Ukrainian gas transit deal next week.
Ukraine, Poland to establish Eastern European gas hub to replace Russian transit
Ukraine and Poland plan to create an Eastern European gas hub to replace the transit of Russian gas for Europe.
PANNIER: Why the Turkmenistan, Iran gas “friendship” is back on
In tough struggle to find new export markets, Turkmen even agree to Iranian contractors building infrastructure in tightly controlled Central Asian country.
Kazakh authorities attribute 3% decline in oil production to Western-led Tengiz and Kashagan projects
Shares of former top blue chip Gazprom plunge 33% in 2024
Gasoline station explosion claims four lives in Fergana, Uzbekistan
Russian petrochemical major Sibur confirms IPO
Kazakhstan committed to 190,000-bpd oil output boost next year despite lower levels specified by OPEC+ limitations
Mining industry association proposes changes to Kazakhstan's mineral extraction tax system
Gazprom declines January gas transit booking for Moldova via Trans-Balkan pipeline
Gazprom has not reserved capacity for gas transit to Moldova through the Trans-Balkan pipeline for January 2025, the Moldovan Ministry of Energy confirmed on December 16.
Production of gasoline and diesel fuel in Azerbaijan has decreased
EU targets 52 more shadow fleet ships in 15th Russian sanctions package
The EU has finalised its 15th sanctions package against Russia, targeting 52 more ships in the country’s so-called shadow fleet, used to circumvent Western restrictions on Russian crude exports, bringing the total number to 79.
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