FSUOGM - Former Soviet Union Oil & Gas

Oil & Gas


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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.

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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US secretary of state expresses concern over Lachin corridor in Azerbaijan

24 January 2023

#bne #EmergingMarkets #Azerbaijan #Armenia #Karabakh

Russian gas flow through Ukraine hits all-time low

22 January 2023

Russian gas transit through Ukraine dropped by over 20% to a historic low, Ukraine Business News reported on January 20.

Ex-Naftogaz CEO faces arrest after investigation reveals illegal $10mn bonus

22 January 2023

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.

Big freeze that was feared by gas hungry Europe hits Central Asia, Iran

20 January 2023

Tales of families sleeping in cars that are warmer than homes as cold front brings sub-zero temperatures not experienced in half a century.

IEA expects an inflection in oil markets in 2023 when demand will exceed supply

19 January 2023

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

18 January 2023

Word of rejected proposal comes as many Uzbeks shiver with no gas amid big winter freeze.

Gas, panic in 2023

18 January 2023

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

17 January 2023

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.

Saneg leads drive for Uzbekistan's self-sufficiency in energy

17 January 2023

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.

Kazakhstan to send oil to Germany via Russian pipeline

17 January 2023

It plans to export 1.5mn tonnes of crude this way in 2023.

Belarus expects to receive $650mn in reimbursement from Russian tax manoeuvre

17 January 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?

Edited by

Newsbase staff


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