FSUOGM - Former Soviet Union Oil & Gas

Category
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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World Bank report: 10 oil-producing countries account for 75% of global gas flaring

9 May 2022

A report from the World Bank's Global Gas Flaring Reduction Partnership (GGFR), says gas flaring resulted in nearly 400mn tonnes of carbon dioxide (CO2) equivalent emissions in 2021.

Mitsui writes down value of Russian LNG investments

8 May 2022

Japan’s Mitsui & Co. said this week that it had written down the value of its investments in two Russian LNG projects by a combined JPY80.6bn ($617mn).

GLNG: Mitsui writes down value of Russian LNG investments

8 May 2022

Japan’s Mitsui & Co. said this week that it had written down the value of its investments in two Russian LNG projects by a combined JPY80.6bn ($617mn).

Czechs join Slovakia and Hungary in demanding exemption from EU embargo on Russian oil

5 May 2022

Heavily-dependent states will be allowed to buy Russian oil exports until the end of 2023, while other states have to cease crude deliveries in six months.

TotalEnergies reports first-quarter profit

5 May 2022

France’s TotalEnergies has posted a profit for the first quarter of 2022, despite a $4.1bn impairment that was attributed to its business in Russia.

India reportedly angling for steep discount on Russian oil

5 May 2022

India is reportedly putting pressure on Russia to lower the price of its crude oil to make up for the extra challenges that buyers have encountered in the wake of the invasion of Ukraine in late February.

Russian senator says embargo will lead EU countries to buy Russian oil via third parties

5 May 2022

A Russian legislator has said that he expects Europe to continue buying crude oil from Russia even if it imposes an embargo on imports.

Europe proposes to ban all Russian oil imports by the end of the year

4 May 2022

The EU will sanction all Russian oil imports, both crude and refined and both oil delivered by ship and pipeline, but the ban will be “phased in in an orderly way,” EU President Ursula von der Leyen told the European Parliament on May 4.

Brussels proposes full ban on Russian oil

4 May 2022

In proposals for its sixth sanctions package, the European Commission will suggest a total ban on all Russian oil in addition to removing Russian broadcasters from the airwaves and disconnecting Russia's largest bank from SWIFT.

FSUOGM: Aliyev says TAP pipeline will reach full capacity in 2022

4 May 2022

Ilham Aliyev, President of Azerbaijan, said on April 29 that the Trans Adriatic Pipeline (TAP) was on track to reach its full capacity of 10bn cubic metres per year in 2022, up from 8.2 bcm in 2021.

India seen increasingly pivoting to Russia

4 May 2022

India appears to be increasingly turning to Russia to procure oil, even as other countries step up sanctions against Moscow.

The likely impact of EU sanctions on Russian oil imports

4 May 2022

The EU is mulling proposals for introducing a formal embargo on Russian oil imports, and Russia is already well-versed in embargo evasion techniques.

Gazprom reports production down 2.5%, non-CIS exports down 26.9% y/y in 4M-2022

4 May 2022

Gazprom, Russia’s state-controlled natural gas giant, said on Sunday, May 1 that its production had dropped slightly in the first four months of 2022, while exports sank significantly during the same period.

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