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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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Hungary opposes EU’s 15% gas reduction proposal
Lithuania welcomes limits on Russian gas
CENTRAL ASIA BLOG: Turkmenistan, undisputed heavyweight champion of the world for methane emissions
Armed with evidence of “super-emitter” sites gathered by “satellite detectives”, climate change scientists will hope to persuade the Turkmens that measures to fix the leaks will pay for themselves.
KazTransOil transports 10,000 tonnes of crude across Caspian Sea for BTC pipeline transit
SOCAR to start production of gasoline and diesel in accordance with Euro-5 standards in 2023
EU countries agree to seek legal option to curb imports of Russian LNG
European Union countries have agreed to explore a legal avenue to prevent Russian companies from sending LNG to member states.
US replaces Russia as Europe's top oil supplier in December
The US has replaced Russia as Europe’s main oil supplier, according to data published by Eurostat on March 28, accounting for 18% of EU crude imports.
Moscow may demand compensation for damages to Nord Stream pipes
Russia might seek compensation for the damage sustained to the Nord Stream 1 and 2 pipelines in September last year as a result of suspected sabotage, a government official has said.
Denmark invites Nord Stream 2 operator to salvage object
Denmark has invited the Russian-owned operator of the Nord Stream 2 gas pipeline to help salvage an unidentified object that was found near the only string that was unaffected by sabotage attacks last September.
Russia proposes hiking domestic gas tariffs to offset lost export revenues
Russia’s State Duma has proposed revising domestic tariffs for gas use to offset the losses Gazprom has sustained from losing much of its gas market share in Europe.
Naftogaz proposes restructuring scenario with investors
Naftogaz, Ukraine’s state-owned oil and gas company, proposed a restructuring scenario during an online meeting with holders of 2022 and 2026 eurobonds, Ukraine Business News reported on March 24.
Russia fails to clinch new gas supply deal during Putin-Xi talks in Moscow
Chinese President Xi Jinping has made his first trip to Moscow since war broke out in Ukraine. But among the raft of economic agreements that were signed, Russia’s hoped-for contract to supply gas via a new pipeline to China was not among them.
Russian petrochemical major Sibur keeps ambitious output, boost China and Turkey exports
Russian petrochemical major Sibur plans to upgrade its guidance for production of polymers in 2023, Tass reported citing the company’s board member Pavel Lyakhovich. "The figure will be higher for polymers; the business plan is higher," he said.
Xi, Putin meeting: “Loud thunder but few raindrops”
Chinese President Xi Jinping took his leave of Russian President Vladimir Putin from a two-day visit to Moscow with a smile on his face. But despite the important show of solidarity, Putin got little in concrete terms from the Chinese leader.
Putin says Russia ready to increase oil and gas supplies to China
Russian President Vladimir Putin has said that Russia is ready to increase oil supplies to China, its key energy partner, following a meeting with Chinese President Xi Jinping in Moscow on March 20-21.
Moldova resumes gas imports from Gazprom
Russia becomes China’s top oil supplier in 2M23
Russia overtook Saudi Arabia to become China's top crude oil supplier in the first two months of 2023, Reuters reported citing Chinese government customs data and attributing the growth to buyers snapping up sanctioned Russian oil at steep discounts.
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