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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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Kazakh gas flows to Russia’s Orenburg processing plant resume after drone strike disruption
Gas deliveries from Kazakhstan’s Karachaganak field to Russia’s Orenburg Gas Processing Plant have resumed following a temporary suspension caused by a Ukrainian drone strike, RFE/RL’s Kazakh Service reported on October 23.
Kazakhstan to extend fuel price freeze amid rising Russian costs, minister says
Kazakhstan will maintain its freeze on domestic fuel prices until at least next spring as it seeks to contain inflation driven by soaring energy costs in neighbouring Russia, Reuters reported on October 23, citing Economy Minister Serik Jumangarin.
US imposes sanctions on Rosneft and Lukoil, calls for immediate ceasefire
The United States has imposed sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, in an effort to curtail war financing and press Moscow towards an “immediate ceasefire.”
Reports say Kyrgyzstan showing signs of fuel shortages as Ukraine’s attacks on Russian refineries continue
Kyrgyzstan has reportedly started showing signs of fuel shortages amid the Ukrainian drone attacks on Russian refineries that are curtailing Russia’s fuel exports.
EU dismisses Serbia's fears over Russian gas transit ban
The EU has rejected claims that a new package of sanctions targeting Russian gas imports will cut off energy supplies to Serbia, following sharp criticism from Belgrade over the bloc’s latest move to reduce dependence on Russian fossil fuels.
Turkmenistan’s nine-month gas exports to China decline 13% to $6.5bn, Russia ahead at $7.3bn
India’s Hindustan Silichine commits $50mn to oil field development in Georgia
The agreement, signed with the LEPL State Agency of Oil and Gas and the Georgian Oil and Gas Corporation (GOGC), includes deepening seven existing wells and drilling two new exploratory wells using modern, high-tech methods over the next four years.
Maintenance works at Kazakhstan’s Tengiz oilfield scheduled for completion on Oct 24
Maintenance works at Kazakhstan’s Tengiz oilfield, the country’s largest crude production field, operated by Chevron-led Tengizchevroil (TCO), are reportedly scheduled for completion on October 24.
MOL says no risk to domestic fuel supply after Danube refinery blaze
Fires broke out at refineries in both Hungary and Romania in recent days.
Tenth sanctioned tanker delivers cargo from Arctic LNG 2 to Chinese port
A tenth sanctioned LNG carrier has delivered a cargo from Russia’s Arctic LNG 2 facility to China’s southern Beihai LNG terminal.
Turkey’s Russian Urals crude oil imports in October look set to match those of September
Turkey reportedly looks set to maintain its imports of Russian Urals crude oil in October at around 280,000 barrels per day (bpd), with the figure forecast to be flat against the September intake.
Ukrainian military strike for first time disrupts operations of Western oil majors
Drone attack damage caused to Russian gas processing plant forces scaling back of output at Kazakh field partly owned by Chevron, Shell and Eni.
Russia’s Russneft delivers first oil cargo to Georgia’s new Kulevi refinery
Ship-tracking data from LSEG and industry sources confirm that the tanker Kayseri delivered 105,340 tonnes of Siberian Light crude from Russia’s Black Sea port of Novorossiysk to the Kulevi Oil Terminal on Georgia’s Black Sea coast on October 6.
Ukraine secures gas supply agreements worth $2bn ahead of winter, says Zelenskiy
Ukraine has secured agreements for up to $2bn worth of gas supplies to safeguard the country in the event of a difficult winter, President Zelenskiy said on 19 October, as pressure on Ukraine’s energy system mounts amid intensified Russian attacks.
TAPI pipeline advance into Afghanistan measures 14 km, says Taliban official
The laid pipeline of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) has advanced 14 kilometres (8.7 miles) inside Afghanistan, according to the Deputy Minister of Economy of the Taliban-controlled Afghan government.
Russia expanded natural gas supplies to Uzbekistan, Kazakhstan and Kyrgyzstan by 15% in first eight months, says Gazprom chief
Russia increased natural gas supplies to Uzbekistan, Kazakhstan and Kyrgyzstan by 15% in the first eight months of 2025, according to Gazprom CEO Alexey Miller, as per Spot.
Russia, Kazakhstan and Belarus hold fuel supply talks amid regional shortage risks
Russia’s Energy Ministry has held talks with Kazakhstan and Belarus about potentially obtaining imports of petrol and diesel fuel, Kursiv reported on October 20, citing reports from the Russian Telegram channel Polkovnik Chernov.
Is Azerbaijan entering a post-oil growth phase?
In a recent analytical report, APA-Economics portrayed Azerbaijan’s economic trajectory as entering a new “turning point,” arguing that the country’s growth is now increasingly shaped by non-oil sectors rather than hydrocarb
EU sets 2028 deadline to end Russian gas imports under phased ban
European Union energy ministers have approved a plan to end all Russian gas imports by 2028, introducing a phased ban on new and existing contracts.
EU energy ministers back plan to phase out Russian energy
EU energy ministers have endorsed a plan to phase out Russian oil and gas imports by January 2028.
Orenburg gas plant halts Kazakh intake after Ukrainian drone strike causes fire
The Orenburg gas processing plant in southern Russia has suspended intake of gas from Kazakhstan following a Ukrainian drone strike that triggered a fire at the site, officials in Moscow and Nur-Sultan said.
Houston’s Lummus Technology and KazMunayGas strike agreement for digital centre of excellence
Houston-based Lummus Technology and Kazakhstan’s KazMunayGas (KMG) have announced a preliminary agreement on establishing a digital centre of excellence in Atyrau, Kazakhstan.
Ukrainian drones strike Russia’s Orenburg gas processing plant, facility suspends intake of Kazakh gas
Russia’s Orenburg gas processing plant was forced to suspend its intake of gas from Kazakhstan following a Ukrainian drone attack, Kazakhstan's energy ministry said on October 19.
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