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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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Azerbaijan remains the largest oil supplier to Italy, supplies increased by a quarter in January-September
Abu Dhabi National Oil Co. could buy Wintershall Dea
Gazprom to cut 2024 investment programme by 20%
Russian natural gas giant Gazprom will cut its 2024 investment programme by 20% year on year to RUB1.57 trillion ($18bn), the company announced. Gazprom had previously cut its 2023 investment programme to RUB2 trillion.
Moldova halved natural gas consumption since 2021
High gas prices after political tensions with Russia resulted in the renegotiation of Moldova’s contract with Gazprom forced Moldovan companies and households to slash consumption.
Italy received about 7.4 bcm of gas from Azerbaijan via TAP in 9 months
Gas supplies from Azerbaijan to Italy via the Trans-Adriatic Pipeline (TAP) in January-September 2023 amounted to 7.373 bcm, which is 4.3% less than the same period in 2022.
Fitch affirms Uzbekneftegaz at 'BB-'/Stable
Russian regional oil major Tatneft surprises with 3Q23 dividend
The board of the Russian regional oil major Tatneft of Tatarstan Republic recommended a 3Q23 dividend of RUB35.17 per share, making a dividend yield of 5.7%, Renaissance Capital wrote on November 22.
Russian LNG exports to China soar
Russian LNG exports to China from January to October have climbed to 6.9mn tonnes, a rise of almost 40% on the same period last year, according to data from China’s General Administration of Customs.
Russia considers tax exemptions for joint oil venture with Vietnam
In a move aimed at fostering collaboration in the energy sector, Russia is contemplating providing tax exemptions to the joint Russian-Vietnamese oil company, Rusvietpetro
Yukos shareholders can still target Russia’s US assets
The US court for the District of Columbia has declined Russia's demand for an immunity from claims by former shareholders of oil company Yukos, exposing Russian state assets in the US to legal claims.
Will Vostok Oil be able to survive under sanctions?
Vostok Oil, one of the largest greenfield oil projects in Russia, continues to push ahead, according to its state-owned operator Rosneft, in spite of sanctions imposed by the West.
Uzbekistan’s Saneg launches shale ore exploration
Kazakhstan: Authorities to gingerly allow LPG prices to rise
It was a price rise of this fuel that led to nationwide unrest in 2022.
Kazakhstan-focused Nostrum Oil & Gas records decline in Q3 sales
Azerbaijan retains its status as the largest oil supplier to Croatia with a share of 74.5%
Azerbaijan retained its status as the largest supplier of oil to Croatia, based on the results of January-September 2023 with 981,667 tonnes of oil sent to the EU Adriatic country, which is 25.3% less than the same period last year.
Russia lifts petrol/gasoline exports ban
President of Iraq arrives on first official visit to Azerbaijan
The president of Iraq, Abdel Latif Rashid, has begun an official visit to Azerbaijan. He and his Azeri counterpart, Ilham Aliyev, have discussed oil exports through the OPEC+ consortium and other frameworks for exports.
Turkmenistan ready to ramp up gas exports to Iran, foreign minister says
Turkmen Foreign Minister Rasit Meredow signalled his country’s willingness to expand natural gas export to Iran, three days after Iranian Oil Minister Javad Owji hinted at ongoing talks for a “bigger” swap deal.
KSE: Bold measures are needed as Russia’s oil is slipping beyond G7 reach
Russia has successfully dodged the $60 oil price cap sanctions. Bold action needs to be taken to make sure the rule is enforced.
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