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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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LNG specialist Condor Energies receives second natural gas allocation in Kazakhstan
Russian petrochemical major Sibur approves $340mn dividend
The shareholders of Russian petrochemical major Sibur approved the payment of RUB31.7bn ($340mn) in dividends or RUB12.36 per share for 2Q24.
Ukraine increases gas production, prepares for winter with domestic resources
Ukraine is ramping up its gas production and expects to meet its winter energy needs using domestic resources.
Kazakhstan to tackle LPG shortage by 2030
Sinopec and Tecnicas Reunidas to develop €2.3bn cracker in Kazakhstan
Azerbaijan's oil and gas revenues set to decline while non-oil revenues rise over the next three years
In the next three years Azerbaijan’s oil and gas revenues are expected to decrease, while non-oil and gas revenues will increase, according to the Ministry of Finance's parameters for the 2025 state and consolidated budgets.
Gas supply contract between Russia and Belarus to be finalised after 2025
Belarus and Russia plan to finalise the terms of a new gas supply contract, including pricing, during 2025, Belarusian Energy Minister Alexey Kushnarenko revealed at the TNF industrial and energy forum.
Four dead following leak at Uzbekistan's Mustakillik-25 gas field
‘Timeline’ needed to implement gas deal with Turkmenistan, Iran says
The CEO of the Iranian National Gas Co. (NIGC) Saeed Tavakkoli said that the implementation of a recent gas deal with neighboring Turkmenistan “called for a timeline.”
ACG project reaches $45bn in capital expenditures with over 4.4bn barrels of oil extracted since 1997
By the end of the second quarter of this year, capital expenditures for the Azeri-Chirag-Gunashli (ACG) project, located in the Azerbaijani sector of the Caspian Sea, reached $45bn.
Kazakhstan and Germany’s leaders discuss boosting rare earth and oil exports to Germany during Scholz visit
Serbia plans to increase Russian gas purchases
Serbia has proposed increasing its gas imports from Russia before the current contract expires in March 2025, Serbian Deputy Prime Minister Aleksandar Vulin stated in an interview with Izvestia, Tass news agency reported on September 13.
US asset fund buys stake in Trans-Adriatic gas pipeline
US asset management fund Apollo Funds is to buy a non-controlling stake in the BP subsidiary that controls a 20% interest in the Trans-Adriatic Pipeline that flows Azeri gas to Europe.
Novatek denies links to LNG shadow fleet
Russia’s Novatek has denied any ties to the shadow fleet that has been collecting LNG cargoes from the Arctic LNG-2 project.
Germany vows to investigate Nord Stream bombings without bias
German Chancellor Olaf Scholz has vowed that Berlin will investigate the 2022 sabotage of the Nord Stream pipelines, without bias.
Amur GPP project reaches 92.5% completion
Construction of the giant Amur gas processing plant in east Russia has reached 92.5%, operator Gazprom reported on September 12.
Russia calls for more exploration in the Far East
Russia is set to conduct a comprehensive geological survey of the Far East to identify new mineral deposits and attract investors.
Czech Net4Gas succeeds at Prague branch of dispute over missed payments with Gazprom
Net4Gas stated that a court in Prague “ordered Gazprom Export to pay the sued amount together with interest and covering of administrative expenses,” adding that Net4G “will consider further steps regarding collection of the owed amount."
CPC sees 2.6% y/y increase in oil exports in Jan-Aug
Transit oil transportation with Baku-Tbilisi-Ceyhan increased by more than 8%
In the first eight months of 2024, a total of 26.4763 bcm of gas was transported through Azerbaijan's main gas pipelines, marking a 2.3% y/y decrease.
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