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?

Russia and India are setting up direct oil payment channel

3 April 2022

Russian state development bank VEB.RF and the Reserve Bank of India have set up a direct payment channel as an alternative to SWIFT. Reportedly, the channel will serve transactions in rupee and rubles, most notably for Russian oil and gas.

An energy embargo on Russia would hurt Europe as much as Russia

1 April 2022

The West is threatening to impose an energy embargo on Russia. The EU has a plan to cut hydrocarbon imports from Russia to zero as soon as 2025 or maybe sooner if Russia scales up its attack on Ukraine.

Germany says Putin has agreed to keep payments for gas in euros

31 March 2022

German Chancellor Olaf Scholz has announced that Russian President Vladimir Putin has climbed down from a demand that Europe pay its gas bills in rubles, and will allow payment in euros for the meantime.

Poland presents timetable for ending Russian energy imports by 2023

31 March 2022

Poland will end buying Russian coal by May, and stop Russian oil and gas imports by the end of December.

Rosneft-owned Schwedt refinery near Berlin puts the problems with sanctioning Russian oil under the spotlight

30 March 2022

The oil refinery in Schwedt supplies Berlin with 95% of its oil products, but it is owned by a Russian oil company and imports all its oil from Russia. Forcing it to stop is not so easy, the German government has found.

COMMENT: Russia could lose its gas customers if it insists on payment in rubles

29 March 2022

Converting payment for gas exports into rubles is a solution to a short-term problem that runs the risk, with a high probability, of completely losing the sales market in the long term.

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