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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 seeks to boost domestic gas sales on the exchange
Russia’s Federal Antimonopoly Service and its energy ministry have proposed regulations requiring Gazprom and other producers to sell a share of their gas output on the St. Petersburg International Mercantile Exchange.
Kazakh-built Satti rig to work at Dragon Oil project off Turkmenistan
Kazakhstan’s first domestically built self-elevating offshore drilling rig Satti is set to begin drilling operations shortly at the Cheleken project in the Turkmen sector of the Caspian Sea.
Russia to supply 1 bcm of extra gas to China via Power of Siberia this year
Russia’s Gazprom is on track to supply 1 bcm more gas to China this year via the Power of Siberia pipeline than under its contractual obligation.
Kazakhstan extends and expands ban on fuel exports
Kazakhstan plans to extend a ban on exports of petroleum products, while also extending it to apply not only to exports by road but via rail as well.
Uzbekistan signs $1bn deal with Taliban to develop Tuti Maidan gas field in Afghanistan
Kazakh court upholds ruling on fining firm $789mn for illegal fuel sales
A Kazakh court has upheld a lower court's ruling that requires fuel company Silk Way Petroleum to pay a KZT382bn fine to the state budget.
Russia has big potential for small-scale LNG, experts say
Russia holds considerable potential for the development of small-scale LNG, but companies are hesitant to invest in the sector because of legal restrictions on gas exports and weak domestic demand.
Russian oil flow via Ukraine unaffected by Kyiv's sanctions on Lukoil, says Vedomosti
Russian oil transit through Ukraine's pipeline system in July and August was largely unaffected by Kyiv halting Lukoil deliveries.
Serbia secures additional gas deliveries from Russia
Serbia has secured additional gas supplies from Russia for the upcoming winter season, following an agreement reached on October 9 between Dusan Bajatovic, general director of Srbijagas, and Aleksei Miller, chairman of the Gazprom management board.
Gazprom signs MoU on boosting gas supply to Hungary
Despite the EU pushing to eliminate Russian gas imports by 2027, Hungary is increasing rather than decreasing its dependence on Russian supplies.
Industrial production in Europe falls to decade-long low without Russian gas, says Gazprom CEO
Industrial production in Europe has plunged to its lowest level in a decade, as key industries struggle to adapt after a year and half without Russian gas, Gazprom CEO Alexey Miller said on October 10.
Baghdad approves scheme to import Turkmen gas via Iran, Dubai company Loxstone to act as coordinator
Turkey, Brazil emerge as top importers of Russian diesel, gasoil in wake of EU ban
Turkey and Brazil have emerged as the top importers of Russian seaborne diesel and gasoil in the wake of the EU’s embargo on Russian petroleum products introduced in February last year.
Transit of Russian oil through Ukraine rises 37%, surpassing 1mn tonnes
The transit of Russian oil through Ukraine surged by 37% in September, reaching 1.06mn tonnes, marking the highest volume since January this year.
Turkmenneft launches new wells
Energy minister warns Uzbekistan's gas imports could soar given local production difficulties
Slovakia signs memoranda with Ukraine as Russian gas transit deal is nearing expiry
In the summer, Fico threatened to stop sending diesel fuel to Ukraine in response to the halting of Lukoil’s crude oil transit through Ukraine following Kyiv’s tightening of sanctions on the Russian oil giant.
Hurdles mount as Russia races against time at sanctioned Arctic LNG 2 facility
Russia’s Arctic LNG 2 facility located in Sabetta, northwest Siberia, finds itself in a race against time to sell LNG cargoes before winter arrives and routes become untraversable without ice breakers.
Ukraine not renewing gas transit agreement with Russia, says PM Shmygal
Ukraine will not renew its gas transit agreement with Russia when the current contract expires at the end of this year, Ukrainian Prime Minister Denis Shmygal announced.
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