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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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Reduction in gas losses and decline in oil transportation mark Azerbaijan's energy sector in 1H24
In 1H24, Azerbaijan's energy sector reported mixed outcomes in the transportation and revenue generation from its main gas and oil pipelines, with notable fluctuations in both gas and oil handling.
If Russian gas transit through Sudzha stops, who are the winners and losers?
Russia generates approximately $11bn annually from exporting oil and gas through Ukraine, while Ukraine earns only $1bn from transit fees, according to Serhiy Makogon, former Director of the Ukrainian Gas Transmission System (GTS) Operator.
Russian court orders freeze of assets held by Linde's UK arm
A Russian court has ordered the freezing of assets worth $1.15bn belonging to the UK arm of Germany’s Linde, over its failure to build a gas processing plant on the Baltic Sea.
Kazakhstan ramps up claims against Kashagan consortium
CPC records 3% y/y increase in crude exports in Jan-July
Mongolia omits Russia-to-China Power of Siberia 2 pipeline project from action plan for years ahead
SLB oil services major steps up Russian activity
China shaping Azerbaijan's energy future amid US competition in Caspian region
China's foreign policy relies in no small part on its investments in other nations' energy transitions, which foster strategic alliances and increase its geopolitical clout
Russian seaborne fuel exports up 3.8% in July
Russian seaborne oil product exports were up 3.8% month on month in July at 10.53mn tonnes, as seasonal maintenance work wound down.
Ukraine would not have blown up Nord Stream pipes without Washington's consent, claims top Russian diplomat
Ukraine would not have blown up the Nord Stream pipelines without getting approval from the US, according to Russia's ambassador to Washington.
Azerbaijan's natural gas and crude oil exports decline in value despite increase in trade volume
ASX-listed TMK Energy to deploy temperature testing technology in Mongolian CSG production wells
Kazakhstan to target more hard-to-recover resources over the coming years
Kazakhstan’s state-owned KazMunayGas plans to ramp up oil production over the coming years and decades by exploiting hard -to-recover oil reserves.
Azerbaijan ramps up gas supply by 4.6% in 7M 2024
Azerbaijan ramped up natural gas production by 4.6% year on year in January through July to around 29.5bn cubic metres.
Ukraine resumes production at Sakhalin gas field
The Ukrnaftoburinnia company, which oversees production at Ukraine's Sakhalin field, restarted extraction on August 10, adding approximately 1.39mn cubic metres of natural gas to the country's daily output.
Rosneft wants new methodology for calculating oil prices for tax
As usual, Rosneft is lobbying on various fronts currently.
Eni starts shipping Kazakh oil to Germany via Druzhba
Italy’s Eni has begun shipping Kazakh oil to Germany via the Russian Druzhba pipeline system.
Ukraine and Russia maintain gas transit to Europe despite fighting in Kursk
Ukraine and Russia will continue to transport fuel through pipelines despite ongoing military conflict in Russia's Kursk region, ensuring a steady flow of gas to Europe.
Fuel oil production in Azerbaijan surges by 230% in 2024
January-July 2024 sees increase in Azerbaijan's oil and gas production
In January-July 2024, the total value of production in the mining industry in Azerbaijan amounted to AZN24.23bn, reflecting a 1.1% increase y/y.
Ukrainian diving instructor suspected of blowing up Nord Stream gas pipelines on the run from a German arrest warrant
A Ukrainian diving instructor suspected of being part of the gang that blew up Nord Stream gas pipelines last year is on the run. German prosecutors issued an arrest warrant for the man only identified as Vladislav Ts on August 13.
The Russian government has extended a ban on petrol exports until the end of 2024
The Russian government has extended a ban on petrol exports until the end of 2024, aiming to stabilise the domestic market amid increased seasonal demand and scheduled refinery repairs.
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