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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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EIA tweaks 2025 Kazakhstan oil output forecast
Court lets German Uniper pull out of long-term Gazprom contracts
Upon the decision of the Stockholm Court of Arbitration German energy major Uniper announced the cancellation of all long-term supplies contracts with Russian energy major Gazprom and its subsidiary Gazprom Export.
Azerbaijan reports significant increases in oil refining and gas production for early 2024
In January-March 2024, Azerbaijan refined nearly 2.7mn tonnes of oil, an 8% increase compared to the same period last year, according to the Ministry of Energy.
India’s oil imports from Russia rise m/m as oil minister confirms state-owned BPCL open to tie-up with Moscow
India ramped up its oil imports from Russia to 41% in April 2024, up from 34% in March 2024, as per the June 2024 OPEC report.
Finland seeks EU vessel to handle potential Russian dark fleet oil spills
Finland has urged the EU to invest in a standby response vessel to deal with potential oil spills in the Gulf of Finland that could be caused by Russia’s so-called dark fleet of tankers.
PODCAST: Emerging Global with Bruce Pannier on Turkmenistan's troubles
A country with the fourth largest gas reserves in the world is struggling to sell its natural bounty. Daniel Rad interviewed regional expert Bruce Pannier on its plight.
FSUOGM: Power of Siberia 2 talks reportedly in deadlock over Beijing's demands on prices, supply volumes
Sechin rails against energy transition, calls for Russian policy changes
Renewable energy sources cannot provide energy security, Rosneft CEO Igor Sechin said in a speech at the St Petersburg International Economic Forum (SPIEF) on June 8, urging policy makers to revise energy transition strategies.
European gas market remains exposed to gas supply shocks
A recent unplanned outage in Norway has highlighted how the European gas market remains exposed to supply shocks despite high levels of storage.
Fertilizer, petrochemical and gas plant commitments high on agenda as Korea’s president Yoon visits Turkmenistan
Baku and Astana negotiate boosting transit of Kazakh oil via Azerbaijan to 5mn-7mn tonnes
SOCAR Trading expands role in carbon quotas and European hydrocarbon supply
SOCAR Trading, the marketing arm of the State Oil Company of Azerbaijan Republic (SOCAR), is advising SOCAR and AzerEnergy on forming carbon quota portfolios and selecting equipment to reduce greenhouse gas emissions.
SOCAR aims to boost oil recovery and standardise operations in the Caspian Sea
SOCAR (State Oil Company of Azerbaijan Republic) plans to increase the oil recovery factor at the Azeri-Chirag-Gunashli (ACG) oil field block, vice president Babek Huseynov announced at the 29th Baku Energy Forum.
Total Energies expects higher yield from the Absheron gas field
TotalEnergies JV and Development Director Jason Fish have revealed that the Caspian Absheron field in Azerbaijan has significant potential for increased gas and condensate production.
Gazprom’s business will take at least a decade to recover from the impact of the Ukraine war
The business of Russian gas giant Gazprom will take at least a decade to recover losses incurred from Moscow's full-scale invasion of Ukraine, according to a report commissioned by the company released on June 5.
OPEC+ extends cuts, to unwind voluntary limits
OPEC+ has extended most of its cuts through 2025, but will begin to unwind voluntary additional restrictions
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