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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COMMENT: The Saudi-Iran rapprochement will lead to lower tensions in the Middle East, but rivalries remain

14 March 2023

Saudi Arabia and Iran agreed to restore diplomatic ties on March 10, bringing an end to seven years of conflict between the two nations in a deal brokered by China that is expected to have wide-ranging consequences.

CERAWeek 2023: Kazakhstan strives to make its oil export business less reliant on Moscow's whims

13 March 2023

CERAWeek 2023 updates: Kazakhstan, seeking to maintain its economic stability, continues a dialogue with the West in search of ways to bypass Russia without renouncing it completely.

Report of yacht use in sabotage of Nord Stream pipelines adds new layer to mystery

13 March 2023

A team of divers using a 15-metre chartered yacht called the Andromeda sabotaged the Nord Stream 1 and 2 pipelines, a new report published by Germany’s Der Spiegel news site claims.

Gazprom Export head Burmistrova steps down

13 March 2023

Russia’s state-owned gas supplier Gazprom announced on March 10 that Elena Burmistrova was stepping down as head of its export arm and would go on to serve as vice president of Gazprombank.

Russia may issue more LNG development permits

13 March 2023

The Russian government may issue permits for the development of fields to underpin LNG export projects in the northern areas of the Krasnoyarsk and Yamalo-Nenets regions, Prime Minister Mikhail Mishustin said last week.

Rosneft to reap modest reward from Russian LNG liberalisation

13 March 2023

Rosneft stands to gain the most from proposed liberalisation of the Russian LNG market, Kommersant reported on March 9, but ultimately the impact of the drafted changes is not likely to be significant, nor result in new players entering the market.

Brussels calls for no new supply deals for Russian LNG

13 March 2023

The European Commission has urged EU countries and companies not to enter into new supply contracts for Russian LNG, in order to further reduce the bloc’s use of the latter’s LNG.

Millions of barrels of Russian diesel idling in tankers around the world as buyers sought

12 March 2023

According to oil analytical company Kpler, ships have been idling off the coasts of Europe, Africa and Latin America in what is the largest build-up in floating storage of diesel fuel from Russia since 2016.

Ukraine integrated into EU gas purchase platform

11 March 2023

The EU has integrated Ukraine into the common gas purchase platform, Ukraine Business News reported on March 10.

Russian oil exports to UAE growing

7 March 2023

Ship-tracking data indicate that the United Arab Emirates (UAE) is importing millions of barrels of Russian crude oil, despite pressure from the United States to isolate Russia, Reuters reported on March 6.

Uzbekistan: Unringing the bell

7 March 2023

News reported last week about Uzbekistan preparing to accommodate Russian gas in its pipelines may not have been true, despite officials initially stating otherwise.

Russian Novatek said to confirm buying 27.5% in Sakhalin-2

7 March 2023

Leonid Mikhelson, the head and shareholder of Novatek, said in September 2022 that the company would decide on buying the stake after a due diligence audit.

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