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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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Uzbekistan's gas exports to China fall by 40%
EU reaction to Azerbaijan attack on Nagorno-Karabakh muted by growing dependence on Azeri gas
The Western reaction to Azerbaijan’s attack on Nagorno-Karabakh this week has been muted by its growing dependence on Azeri gas supplies.
Iran, Uzbekistan sign petrochemical memorandum
Zenith Energy to acquire another oil production asset in Kazakhstan’s Atyrau Region
Russian oil price discount shrinking, sanction dodging widespread
A recent study by the KSE Institute, led by senior economist Benjamin Hilgenstock, found that Russia is successfully avoiding oil sanctions and that the discounts it has to offer on its barrels of oil are tightening in comparison with Brent.
Halliburton equipment worth $7.1mn sold to Russia in past year
According to customs records, equipment from the US oilfield services giant Halliburton worth $7.1mn has been imported into Russia in the last year, the Guardian newspaper reports in an exclusive.
Global diesel shortage pushes prices over $1,000 per tonne
Oil refineries worldwide are grappling with challenges in meeting the demand for diesel, a crucial fuel that powers various sectors of the global economy, Bloomberg reported on September 19.
Clock is ticking for Russia to clinch gas supply deal with China
The clock is ticking for Russia to reach a contract with China for natural gas supply via the planned Power of Siberia 2 pipeline, but while Moscow claims negotiations are progressing, Beijing has been mute on the subject.
Ukraine storage reaches 14.7 bcm, enough for winter
Ukraine has accumulated 14.7bn cubic metres of natural gas in its underground storage facilities, passing the target needed to get through the winter, the Ukrainian Ministry of Energy reported on September 19.
Russian regions hit with fuel shortages as crisis intensifies
The fuel crisis that has engulfed Russia as a result of high international prices, a weaker ruble and a cut in subsidies to domestic refineries has led to outright shortages in some of the country’s southern regions, prompting government alarm.
Uzbekneftegaz, US firm Solar Turbine discuss plans to produce gas turbine engines for energy and hydrogen production
OPEC reportedly expects Kazakhstan’s liquids supply to grow in 2023
Ukraine's domestic gas production approaches pre-war levels
Russia clears use of non-reinforced oil tankers in Arctic in bid to ensure exports stay high
Russia has permitted unreinforced oil tankers to travel through the Northern Sea Route in the Arctic – a route the country has had to rely increasingly on to export its oil, natural gas and other natural resources in the face of Western sanctions.
Oil exports from Azerbaijan increased by 3% y/y in January-August
Azerbaijan increased gas exports by 15.5% in first 8 months
Moldova regulator fines local Gazprom-controlled gas company.
Russia's energy ministry backs new LNG liberalisation initiative
Russia’s energy ministry has thrown its support behind the partial liberalisation of LNG exports in a bid to bring more projects on stream faster, by granting subsidiaries of companies that already have export licences the right to ship LNG abroad.
Moldova slaps fine on Gazprom unit for failure to unbundle transport operations
Moldova’s energy regulator ANRE has slapped a $1.9mn fine on a division of Russia’s Gazprom for failing to unbundle its gas transporting operations from those of its supply activities, it announced on September 15.
EU continues calls to eliminate Russian LNG
EU Energy Commissioner Kadri Simson called on September 14 for the bloc to curb its Russian LNG imports with the end-goal of eliminating them completely, as Brussels considers ways of further strangling Moscow’s revenue source.
FSUOGM: Austria struggles to kick addiction to Russian gas
Azerbaijan increased gas exports from Shah Deniz by 8% in January-August
US singles out Turkey with latest war sanctions package
Ankara gets a poke in the eye as Washington launches new attempt at hobbling Putin’s war machine by targeting technology shipments and financial channels.
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