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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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Russian gas output up 8% in January-April
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
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
Pipeline operators in Poland and Russia have reached an agreement that will enable transit of oil from Kazakhstan to continue to Germany.
Russia to build six “mini nuke” reactors in Uzbekistan, officials announce during Putin visit
Ambition is to deliver Central Asia’s first nuclear power plant. Russian leader attempting to firm up relations with Tashkent as "strategic partner and reliable ally".
Gazprom uses African route to ship Portovaya LNG to China
Tankers carrying LNG from Gazprom's Portovaya terminal in northwest Russia began making their way to China around Africa this spring, avoiding the shorter route via the Red Sea because of the risk of attacks by Houthi rebels.
Russia's seaborne ESPO exports on track for May record
Russian seaborne exports of ESPO blend oil are on track to surge to a new record in May.
PANNIER: Russia is pushing Turkmenistan out of the natural gas market
Moscow’s moves to take over Central Asian pipeline capacity for deliveries to China might explain unusual urgency in the Turkmen search for new customers.
Russian Gazprom could lose OMV, largest client in Europe
Austrian OMV said that it could suspend gas supplies from Russian gas giant Gazprom due to a “foreign court ruling”, without providing more details.
New plan for getting Turkmen gas to Europe – pipe it to Pakistan and ship it as LNG
Pakistani petroleum minister outlines proposal at energy symposium. Says TAPI pipeline could be completed solely with Islamabad and Ashgabat funding.
Kazakhstan resumes petrol exports
India likely to buy more Russian oil despite lowering discount
India’s reliance on crude oil imports is poised to increase further in 2024, after hitting a new high of 87.8%, driven by surging demand for petroleum products amid stagnant domestic production
OMV warns Russia could cut off its gas supply
Austrian oil and gas company OMV warned on May 22 that gas supply from Russia’s Gazprom could be halted in relation with a foreign court ruling, without identifying the case.
Uzbekistan's Saneg begins large-scale methane reduction project
Uzbek oil and gas company JV Sanoat Energetika Guruhi LLC (Saneg) said on May 20 it had become the first company in Central Asia to register a methane emissions reduction project.
In April, India imports highest volume of Russian oil in nine months
India’s Russian oil imports surged to a nine-month peak in April 2024, driven by the resumption of shipments on non-sanctioned tankers operated by Russia's largest shipping company, Sovcomflot
Russian seaborne oil export revenues up 7% in April
Russia’s export revenues from seaborne crude oil rose 7% month on month in April to €268mn per day, according to the CREA.
India's Russian oil imports hit record in April
India’s Russian oil imports rose to their highest level in nine months in April, following the resumption of shipments on board non-sanctioned tankers operated by Russia’s state-owned shipowner Sovcomflot.
Krasnodar refinery shuts down after drone strike
An oil refinery in Russia’s southern Krasnodar region suspended operations on May 19 following a Ukrainian drone strike.
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