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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.
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The owner of four tankers servicing the liquefied natural gas (LNG) Yamal of Russian gas major Novatek is exempt from the latest round of the US sanctions, RBC business daily reported on October 22.
Russian petrochemical giant Sibur produces first polyethylene from its own feedstock at ZapSibNeftekhim
After the ramp-up to its full capacity, the ZapSibNeftekhim petrochemical facility will manufacture 1.5 mt of polyethylene per year, making it Russia’s largest polymer production facility.
Rosneft has won subsoil rights to a new oil and gas block in the north of the Krasnoyarsk region, consolidating its position in the Arctic.