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?

Germany reportedly buys spare Nord Stream 2 pipes for LNG terminal

22 May 2023

Germany’s government purchased pipes that had been intended for the Nord Stream 2 pipeline from the project’s bankrupt operating company for €70mn ($76mn), the Business Insider reported last week.

Weatherford oil services plans to stay in Russia

22 May 2023

Weatherford, the Russian division of an international oilfield services company, intends to keep on operating in Russia in spite of Western sanctions for the full-scale military invasion of Ukraine.

Gazprom aims to expand domestic natural gas storage volumes

22 May 2023

Gazprom aims to expand its domestic natural gas reserves to a record-high next winter, the company announced on May 18, amid a sharp decline in export volumes to Europe over the past year and a drop in output.

Xi presents grand development plan for Central Asia

21 May 2023

Some observers conclude, however, that the big event produced lots of rhetoric and little action.

Russian oil dinosaur Surgut disappoints on 2022 dividends

21 May 2023

The board of Russia’s oil company SurgutNefteGaz (Surgut) has recommended a dividend of RUB0.8 per share for both preferred and ordinary shares for 2022, according to Interfax.

Russian oil exports soar to post-invasion record in April

21 May 2023

Russian oil exports soared in April to their highest level since Moscow invaded Ukraine over a year ago, the International Energy Agency (IEA) reported on May 16, boosting the country’s revenues by $1.7bn.

Explosion hits gas pipeline in Russia's Khanty-Mansiysk region

21 May 2023

A natural gas pipeline in Russia’s Khanty-Mansiysk region exploded on May 16, leaving one person dead and five injured, although emergency services have said that the supply route was inactive.

Turkmenistan: Fiddling while gas leaks

19 May 2023

The scale of the country's methane emissions is becoming a major embarrassment, but the government seems unwilling to do anything about it. This and more in this week's Eurasianet Akhal-Teke bulletin.

EBRD 2023: Azerbaijan seeks routes to become green energy supplier to Europe

17 May 2023

Azerbaijan is seeking to use existing transport infrastructure to establish itself as a supplier of green fuels to the European continent.

Kazakh project of Russian petrochemical major Sibur valued at $8bn

16 May 2023

The cost of construction of a gas chemical complex for the production of polyethylene Sileno (a joint venture between Russian petrochemical major Sibur and Kazakh KazMunayGas) in Kazakhstan will reach $7.6bn.

Novatek to install Chinese gas turbines at Arctic LNG-2

16 May 2023

Russian natural gas major Novatek will source gas turbines for powering its Arctic LNG-2 liquefied natural gas project from China's Harbin Guanghan Gas Turbine, part of China Shipbuilding Industry Company.

EU takes aim at Indian fuel supplies produced from Russian oil

16 May 2023

EU foreign policy chief Josep Borrell has urged the bloc to prevent India from reselling Russian oil to Europe as refined fuel, including diesel, in an interview with the Financial Times on May 16.

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