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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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Russia in talks to build oil refinery in Uganda
Uganda is in talks with Russia on the construction of an oil refinery and the advancement of its nuclear power industry.
Who produces oil and gas in Uzbekistan?
Uzbekistan is not a major exporter of energy resources, unlike neighbouring Kazakhstan and Turkmenistan, though it is home to quite substantial hydrocarbon resources.
EU bought €29bn of Russian oil and gas in 2023
Analysis finds months-long methane mega-leak in Kazakhstan
One of the worst such releases ever recorded said to have been caused when a blowout ignited a fire that burned for over six months.
Azerbaijan's gas exports surged by 660% in January 2024
According to the latest State Customs Committee data, Azerbaijan's gas exports surged by 660% in January, marking a significant increase from the same period last year.
10 countries bought oil from Azerbaijan in January 2024
Declared exports of oil from Azerbaijan in January 2024 amounted to 1.462mn tonnes, which is 34.9% lower than in January 2023, the State Customs Committee said.
AzerbaijanI gas to be piped to Hungary via Turkey, says minister
Azerbaijan supplied a record volume of gas to the EU in 2023
Profit of Russneft jumps 4-fold in 2023 ahead of Trust Bank sale
Ukrainian biomethane producers halt production amid export issues
Ukrainian biomethane producers are halting production due to unresolved export issues, with the cost of production far exceeding that of natural gas, according to industry insiders.
Kazakhstan’s TCO transports 2,000 tonnes of LPG to Finland by rail in January
Kazakhstan's Tengizchevroil (TCO) transported approximately 2,000 tonnes of liquefied petroleum gas (LPG) to Finland via rail last month, signalling the company's efforts to explore new markets, Reuters reported citing industry sources.
Azerbaijan saw a decline in oil production by 8.3% and increase in gas production by 0.6%.
Oil and condensate output in January 2024 reached 2.468mn tonnes, marking an 8.3% decrease compared to January 2023, according to the State Statistics Committee. Specifically, commercial oil and condensate production was 2.463mn tonnes.
Austria, Slovakia drop plans for Druzhba spur
Austria’s OMV and Slovak firm Transport have, to little surprise, abandoned plans for a pipeline project that would have delivered Russian crude from the Druzhba system to the Schwechat refinery outside Vienna.
Azerbaijan exported about 1.9 bcm gas from Shah Deniz in January
Exports of Azerbaijani gas from the Shah Deniz field in January 2024 amounted to 1.878 bcm, which is 0.9% lower than in January 2023, the State Statistics Committee said.
Sanctions-related issues solvable with time: interview
International sanctions have created various challenges but these problems “all have a solution” and are a “matter of time and possible discounts."
Fuels produced from Russian oil continue flowing to UK: CREA
Millions of barrels of fuel produced from Russian crude are still being imported into the UK.
Russia's dependence on trade with Asia rose sharply in 2023, US shadow fleet sanctions begin to bite
Russia's dependence on trade with Asia rose sharply in 2023, while its business with European markets plunged and US sanctions on Russia’s oil shadow fleet of oil tankers began to bite.
Poland pledges oil supply if Germany's Schwedt refinery nationalised
Poland has committed to continue delivering oil to the Schwedt oil refinery in Germant in the event that Berlin nationalises the majority Rosneft-owned plant.
Putin avoids answering whether Russia has evidence that US took out Nord Stream
Russian President Vladimir Putin once more accused the US of blowing up the Nord Stream 1 and 2 pipelines in autumn 2022, but did not say whether Moscow had evidence to support this claim.
Gazprom Export launches arbitration against Dutch firm Gasunie
Gazprom Export has filed a lawsuit against Dutch firm Gasunie at a St Petersburg arbitration tribunal, court documents show, but details of the case remain unclear.
Austria mulls how to break free from Russian gas
Austrian Energy Minister Leonore Gewessler said the government would look to end national gas company OMV’s long-term gas supply deal with Gazprom.
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