FSUOGM - Former Soviet Union Oil & Gas

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Oil & Gas

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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.

FSUOGM is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Need more convincing?

What makes Russian gas Russian? How Azerbaijan’s gas transit through Ukraine would likely work

6 August 2024

Likely, any Azeri gas that does flow through Ukraine after this year will be Azeri in name only, with the molecules originating in Russia.

Russia ships this year's first cargo of crude oil via the Arctic Northern Sea Route to Asia

6 August 2024

Russia has successfully exported its first cargo of crude oil via the Arctic Northern Sea Route (NSR) to Asia, amid higher-than-expected overall seaborne exports in July.

Sakhalin-2 restarts LNG production after maintenance shutdown

6 August 2024

The Sakhalin-2 LNG operator has successfully resumed production after a scheduled maintenance shutdown, Sakhalin Energy said on August 5.

Hungary rules out oil imports via Croatia

6 August 2024

Hungarian Foreign Minister Peter Szijjarto on August 2 ruled out securing oil supplies from Croatia as a replacement for lost shipments from Russia’s Lukoil via Ukraine, citing high transit fees.

Novatek downsizes Murmansk LNG project

6 August 2024

Russia’s Novatek has reportedly downsized the capacity of its planned liquefaction terminal in Murmansk amid sanctions pressure, after already scaling back the size of its Arctic LNG-2 project.

Kazakhstan fines local oil producer for environmental violations

6 August 2024

A court in Kazakhstan has fined local oil producer Caspiy Neft KZT13.7bn for violating hazardous waste regulations.

Azerbaijan starts gas supplies to Slovenia

6 August 2024

Azerbaijan's state-owned oil and gas producer SOCAR began gas supplies to Slovenia on August 1, as the company continues to expand its foothold in the European market.

Russian LNG exports down 6% in July

6 August 2024

Russian LNG exports were down 5.8% year on year at 1.97mn tonnes in July, mainly as a result of scheduled repairs at Gazprom’s Sakhalin-2 and Portovaya projects.

Ukraine's gas production set to rise by up to 200mn cubic metres this year

6 August 2024

Ukraine’s gas production could see an increase of 100 to 200mn cubic metres by the end of the year, Executive Director of the Association of Gas Production Companies.

Russia’s oil and gas revenues soared by 61.6% in 7M24 to $80bn.

5 August 2024

Russia’s oil and gas revenues soared by 61.6% in the first seven months of the year, reaching RUB6.777 trillion ($79.98bn) compared with 4.193 trillion ($49.42bn) during the same period last year.

Austria to phase out Russian gas imports by 2027

5 August 2024

Austria’s ruling coalition has agreed to halt imports of Russian natural gas by 2027 as part of a new security strategy, as reported by the Kurier newspaper on August 5.

Supply gas deal with Russia a win-win, Iranian envoy says

4 August 2024

A long-term gas deal inked between Iran and Russia in June is a “win-win,” Tehran’s ambassador to Moscow was quoted as saying.

EU urges Hungary and Slovakia to cut their dependency on Russian oil

2 August 2024

Brussels says that oil supplies to the two countries are not at immediate risk from Ukraine's tightening of sanctions on Lukoil.

Russia extends gasoline export ban

2 August 2024

Russia has extended its ban on exports of gasoline until the end of October, in response to shortages and a spike in the price of the fuel.

Moldovan companies allegedly involved in Russia's oil and fuel export

2 August 2024

Investigative organisation RISE Moldova identified several Moldovan companies that came to "play an important role in the maritime transport of Russian oil.”

Slovenia's Geoplin seals first natural gas supply deal with Azerbaijan's SOCAR

1 August 2024

Slovenia's leading gas wholesaler, Geoplin, said on August 1 it has concluded its first natural gas supply agreement with Azerbaijan’s energy giant SOCAR.

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