FSUOGM - Former Soviet Union Oil & Gas

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Oil & Gas

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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.

FSUOGM is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Need more convincing?

War in Ukraine continues to influence global LNG flows

12 September 2022

China is snapping up discounted Russian LNG, while also diverting some cargoes to other countries, and the US continues to target European buyers.

EU energy ministers clash over Russian gas price cap proposal

12 September 2022

Member states move towards general price cap on gas imports, though details have still to be worked out.

Naftogaz to sue Gazprom over payments

12 September 2022

Naftogaz, Ukraine’s state-run oil and gas company, filed a Request for Arbitration with the International Court of Arbitration of the International Chamber of Commerce in Paris regarding the actions of Gazprom, Russia’s largest energy company.

GUSTAFSON: Russian oil exports – are sanctions working?

11 September 2022

Six months after the beginning of the Russian invasion, the “Devil’s Dance” of Western sanctions and Russian oil exports and revenues has barely begun. The main contest still lies ahead.

Proposed gas price cap prompts EU discord and Russian threats

9 September 2022

The EU has proposed capping the price of Russian natural gas, as Brussels doubles down on efforts to hamper Moscow’s ability to finance its war in Ukraine.

Sanctions leakage: pipes and tankers

9 September 2022

After about two months of problems caused by oil traders self-sanctioning, Russia’s oil exports have largely recovered and replaced most of the fall in demand in Europe with new buyers in Asia. The challenge Moscow now faces is how to get it there.

Does Ukraine have enough gas to survive winter? Sergiy Makogon, CEO of GTSOU, says the answer is yes

9 September 2022

Can Ukraine keep its citizens warm this winter? In Kyiv and across the country, many are asking this question as the heating season approaches and the gas storage tanks are still lacking crucial reserves.

Belarus increases oil production and plans common oil market with Russia

8 September 2022

Amid the EU’s current energy crisis, Belarus and Russia are expanding their energy co-operation and Belarus is even increasing its oil production despite Western sanctions against its oil exports.

INTERVIEW: "The European gas crisis is caused by Gazprom, they don't want to supply gas" – Sergiy Makogon, CEO of GTSOU

7 September 2022

Fears of a brutal winter are sending chills through Europe, even more so after Russia stopped gas flows through Nord Stream 1 indefinitely last week citing an alleged oil leak.

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