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?

Rosneft's Vostok Oil megaproject still on track

8 February 2024

In spite of the turbulence that the Russian oil and gas industry is facing, Rosneft continues to press ahead with one of the country’s biggest greenfield projects, despite the loss of key investors in the wake of Moscow’s invasion of Ukraine.

Sweden closes investigation into Nord Stream pipeline explosions

7 February 2024

The Swedish authorities have officially terminated their investigation into the explosions that destroyed the Nord Stream 1 and 2 gas pipelines and handed the files over to Germany, the Swedish Prosecution Authority said on February 7.

Lukoil's Bulgarian refinery goes without Russian Urals in January

7 February 2024

The Lukoil-owned Burgas oil refinery in Bulgaria did not receive a single batch of Urals crude last month.

Russian oil and gas MET payments double year on year in January

7 February 2024

Russian budget revenues from mineral extraction tax on the oil and gas sector doubled in January versus the same month last year to RUB878.4bn.

Russia’s oil refining down 4% in December-January on drone attacks, accidents

7 February 2024

Russian oil refineries in January 2024 reduced output by 4% year on year and by 1.4% month on month to 747,900 tonnes per day.

OFAC “smart sanctions” target turbine lubricants and additives in an effort to stop Russian military production

7 February 2024

Two days before Christmas the US Treasury’s Office of Foreign Assets Control (OFAC) quietly released new sanctions on an esoteric product group: turbine lubricants. But these "smart sanctions" could bring Russian industry to a standstill.

Moody’s expects Red Sea disruptions to cause oil price volatility

6 February 2024

Ongoing tensions in the Red Sea may lead to volatility of oil prices amid trade disruptions in the area and elevated shipping, insurance and freight costs.

Household gas consumption in Iran sets fresh record

6 February 2024

Domestic gas consumption has hit yet another daily record in Iran amid a cold snap sweeping many parts of the country, said the dispatching director of the National Iranian Gas (NIGC).

The UK bought almost GBP1.5bn worth of oil from Azerbaijan from October 2022 to September 2023

5 February 2024

Trade turnover between Azerbaijan and the UK for the period from October 2022 to September 2023 increased by 20.7%, to approximately GBP1.5bn, the UK Department of Business and Trade said.

Adding Saudi Arabia to the BRICS to create a commodities powerhouse

5 February 2024

The potential inclusion of the United Arab Emirates, Iran, and possibly Saudi Arabia into the BRICS group of nations would create a commodities powerhouse that controls the bulk of global oil and gas deposits, analysts at S&P Global suggest.

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