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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Need more convincing?

Europex terminates SPIMEX's membership in response to Russian invasion of Ukraine

9 March 2022

The Association of European Energy Exchanges, Europex, announced they will terminate the membership of the Saint Petersburg International Mercantile Exchange (SPIMEX) on March 7.

MOSCOW BLOG: Recalibrating for the economic war with Russia

9 March 2022

OK people. It’s time to recalibrate. The war between Moscow and Kyiv in Ukraine just went global. It’s now a full blown economic war between East and West.

US bans imports of Russian oil and gas

9 March 2022

US President Joe Biden announced on March 8 that his country was banning imports of Russian oil and gas, as well as coal.

EU vows to cut Russian gas supply by two thirds within a year

9 March 2022

The European Commission has unveiled plans to cut EU gas imports from Russia by 100bn cubic metres within one year. Russia is the bloc's single largest supplier of the fuel, meeting around 40% of its demand.

Russia strikes back with counter sanctions in an escalating economic war, banning commodity exports for the rest of 2022

9 March 2022

Only hours after the US announced a ban on oil imports from Russia, Russian President Vladimir Putin struck back with counter-sanctions that will ban the export of Russian commodities until the end of 2022 on March 8.

Ukraine’s gas pipelines and storage tanks are safe for now, but not for long

8 March 2022

The price of gas on the Dutch TTH spot market soared to a new all-time high of over $3,000 per thousand cubic metres on March 7 as energy traders fear Ukraine's gas pipelines and storage tanks are in danger from the war.

Commodity prices spike across the board on the outbreak of war in Ukraine

7 March 2022

Commodity prices across the board spiked, with many of them setting new all-time highs as the war in Ukraine goes into its second week, with no sign of ending soon.

Asian refiners consider their options

7 March 2022

Asian refiners appear to be looking at limited impact from Russia’s invasion of Ukraine so far, but are increasingly keen to resume crude imports from Iran.

Edited by

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