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?

Indian, Chinese oil imports from Russia reach new height in May

7 June 2023

Intake of Russian oil by China and India soared to a new height in May, as buyers continued to take advantage of discounted cargoes, while the two countries cut back on imports from the Middle East and Africa.

Russia’s gas major Novatek pushes to break Gazprom’s grip on LNG exports

7 June 2023

The head of Russian natural gas major Novatek, Leonid Mikhelson, is leveraging Gazprom's issues with liquefied natural gas shipments from the Cryogas-Vysotsk project in Europe to advocate for the abolition of Gazprom's gas export monopoly.

Ukrgazvydobuvannya launches new gas well in eastern Ukraine with daily production of 230,000 cubic metres

6 June 2023

Ukrgazvydobuvannya, a subsidiary of Naftogaz Group, has successfully drilled and activated a high-rate well in eastern Ukraine, resulting in an additional daily supply of 230,000 cubic metres of natural gas for the country, Naftogaz stated.

Saudi cuts deeper as OPEC+ extends deal

5 June 2023

Saudi Arabia has announced that it will cut its oil output by 1mn barrels per day in July, with OPEC+ agreeing to extend its current deal until next year.

PANNIER: Precarious balancing act for ‘everybody’s friend’ Central Asia

2 June 2023

West might talk tough on Russia sanctions enforcement, but it may have to settle for half-hearted promises from region.

TotalEnergies will start gas production from the Absheron field in the coming weeks

2 June 2023

Production of the first gas from the Absheron field in the Azerbaijani sector of the Caspian Sea will begin in a few weeks, said Jean-Luc Guiziou, senior vice president for Europe at TotalEnergies.

Russia stuck with $1bn of rupees per month on Indian trade

2 June 2023

Russia is accumulating up to $1bn per month in rupee assets stranded outside the country due to unresolved issues in the trade relationship with India, Bloomberg reports.

Russian petrochemical major Sibur switches to yuan in China trade

2 June 2023

Russia’s petrochemical major Sibur completely shifted to the Chinese yuan in its trade settlements with China, as well as to the Vietnamese dong in the settlements with Vietnam, and to the Turkish lira in the settlements with Turkey in 2022.

Saudi and Azerbaijan sign broad energy deal

1 June 2023

Saudi and Azerbaijan sign broad energy deal

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