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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.
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Russian gas transit through Ukraine dropped by over 20% to a historic low, Ukraine Business News reported on January 20.
The ex-head of Naftogaz, Ukraine’s national oil and gas giant, has found himself in hot water after illegally rewarding himself a UAH229mn ($10mn) bonus, Interfax Ukraine reported on January 19.
Tales of families sleeping in cars that are warmer than homes as cold front brings sub-zero temperatures not experienced in half a century.
Russia 'ready to participate if conditions right' in Turkmen oil field development, TAPI gas pipeline construction
The International Energy Agency reports that oil demand this year will grow by 1.9mn bpd, to a record 101.7mn bpd, and supply by 1mn bpd, to 101.1mn bpd, in its first monthly report for 2023 released on January 18.
Reports say Russia offered Uzbekistan gas deal but wanted Gazprom to take over country’s transmission system
Word of rejected proposal comes as many Uzbeks shiver with no gas amid big winter freeze.
Last year was a disaster for Europe as Putin’s energy war wreaked chaos on Europe’s economies by sending up gas prices 20-fold, fuelling run-away inflation and an energy crisis that drove millions into poverty. Another crisis could be coming.
“The formula of Ukrainian survival is unity!" CEO of Ukraine's largest energy company tells Atlantic Council forum
Maxim Timchenko, the CEO of DTEK, Ukraine’s leading power company, joined the Atlantic Council’s discussion “Europe in Crisis: The path forward” at the 2023 Forum on January 16.
In November of this year, Uzbekistan's Sanoat Energetika Guruhi and its Ferghana Oil Refinery (FNPZ) began to operate under a single brand known as Saneg. Saneg is Uzbekistan's largest private oil and gas company.
It plans to export 1.5mn tonnes of crude this way in 2023.
Belarus is now expecting to receive $650mn in reimbursement from Russian tax manoeuvre, which exceedes experts' previous estimates at $500. To what market is the Belarusian oil production aimed at?