FSUOGM - Former Soviet Union Oil & Gas

Category
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?

Russian gas pipeline flow rises further in May

4 June 2024

Russian pipeline gas flow to Europe rose by 7.3% month on month in May and was 39% higher than the same month last year.

EU reportedly mulls sanctions on Russian tanker insurer

4 June 2024

The European Commission is considering sanctions proposed by one member status on Russian insurance company Ingostrakh, a provider of coverage for tankers carrying Russian crude.

SOCAR Turkey denies allegations of oil sales to Israel

4 June 2024

The recent allegations against SOCAR Turkey, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), regarding the sale of crude oil to Israel are unfounded and misleading, the company announced on June 3.

Russian oil pipeline operator Transneft posts $1bn profit in 1Q24

3 June 2024

Russian state pipeline operator Transneft posted IFRS revenue increase of 17% year on year to RUB369bn, with EBITDA growth of 7% y/y to RUB160bn, and net income growth of 4% to RUB92bn ($1bn).

SOCAR picks up stake in UAE concession

3 June 2024

SOCAR has been awarded a minority stake in offshore Emiratie concession

IMF: EU to completely abandon Russian energy sources by 2030

31 May 2024

The EU is set to eliminate its reliance on Russian energy sources by 2030, according to a recent report by the IMF.

MACRO ADVISORY: Moscow is playing a long gas game

30 May 2024

The Kremlin has now switched its attention to the gas market. It wants to replace the almost lost European market with new customers in Asia and to diversify the export infrastructure with both new pipeline routes and LNG.

Indian refinery Reliance Industries inks 3mn barrels of oil a month oil supply deal with Russia’s Rosneft

29 May 2024

India's Reliance Industries, the operator of the world's largest refining complex, has signed a one-year deal with Russia's Rosneft to purchase at least 3mn barrels of oil per month paid for in rubles.

Could Russia create an LNG “dark fleet?”

28 May 2024

Russia has already shown a surprising ability to get its hydrocarbons to market and mitigate the impact of Western sanctions.

Russia, Turkey to set up gas trading platform within months

28 May 2024

Russia and Turkey plan to establish a gas trading platform in Istanbul within the next few months.

Russian gas output up 8% in January-April

28 May 2024

Russian natural gas production grew by 7.8% in the first four months of this year to 253.3bn cubic metres.

Russia to open first Far East LPG terminal by end of 2025

28 May 2024

Russia is set to open its first LPG terminal on the shore of the Pacific Ocean by the end of next year, a project backed by Chinese investment.

Poland, Russia strike deal on continued Kazakh oil transit to Germany

28 May 2024

Pipeline operators in Poland and Russia have reached an agreement that will enable transit of oil from Kazakhstan to continue to Germany.

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