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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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Gazprom’s subsidiary threatens to cut gas supplies to Moldovan district heating for unpaid bills
Moldovagaz, the incumbent natural gas distribution and supply group controlled by Russia’s Gazprom, has informed that it is considering cutting supplies to customers that owe money in unpaid bills.
Kazakhstan’s QazaqGaz and China’s Petrochina International sign new gas supply contract
SOCAR to receive $1.5bn loan from Russia's Lukoil
According to research by Eurasianet, in an innovative manoeuvre to navigate the challenges presented by Western sanctions on Russia, Azerbaijan's flagship oil company, SOCAR, has forged a comprehensive deal with its Russian counterpart, Lukoil.
Baku and Beijing agreed on co-operation in the energy sector
Minister of Energy Parviz Shahbazov, who is on a visit to China as part of the Belt and Road International Cooperation Forum, held a meeting with the head of the National Energy Administration of China, Zhang Jianhua.
Kazakhstan ready to send more oil to Uzbekistan for the right price
Kazakhstan is prepared to consider increasing oil supplies to Uzbekistan if the price offered by Tashkent is right, Kazakh Deputy Energy Minister Yerlan Akkenzhenov said on October 11.
US enacts first sanctions on Russian oil tankers
The US imposed the first sanctions on Turkish and United Emirate owners of two tankers carrying Russian oil priced above the G7's price cap of $60 a barrel.
Europe's gas tank storage reaches an all-time high just before the winter's heating season starts
Total gas reserves in the European Union have surged to an all-time high just as the heating season begins, according to Gas Infrastructure Europe (GIE), an industry group representing European gas operators.
Putin's birthday gift: Russia kicks off gas supplies to Uzbekistan via Kazakhstan
Russia officially launched natural gas deliveries to Uzbekistan via Kazakhstan on October 7, taking advantage of a squeeze in Central Asian gas supply to partly offset its loss of market share in Europe.
Russian oil output edges up in September
Russian oil production rose marginally in September, by 10,000 barrels per day month on month to 9.48mn bpd. Output surpassed the OPEC+-agreed target by 30,000 bpd.
Mongolian president to discuss Power of Siberia 2 pipeline, Erdeneburen hydroplant projects in Xi, Putin meetings
Azerbaijan increased gas exports by 23% in January-September
IEA declares end to "Golden Age of Gas"
The energy crisis triggered by Russia’s invasion of Ukraine effectively marks the end of the 10-year Golden Age of Gas, the International Energy Agency said in its medium-term gas market report this month.
European gas prices soar to two-month high
European natural gas prices spiked last week, nearing levels not seen in two months, with the market in the grip of geopolitical concerns, renewed shortage fears and cold weather.
Proposed Turkmen gas supply deal for Iraq via Iran swap potentially a major earner for Ashgabat
Russia discusses reverse flow of oil to Azerbaijan
Russian Deputy Prime Minister Alexander Novak and Azeri Energy Minister Parviz Shahbazov discussed the potential expansion of the Tikhoretsk-Baku oil pipeline at the Russian Energy Week forum
Russian gas production to dip to 14-year low in 2023, says IEA
Russia is on track to see its natural gas output collapse this year to its lowest level since 2009, the International Energy Agency projected in its medium-term gas outlook this month.
Price for European diesel may rise this winter due to supply pressures
Europe could face spiking prices for diesel this winter as it grapples with a shortage of diesel fuel and heating oil, largely due to the loss of its primary supplier, Russia, following the ban on Russian fuel imports to Europe.
DTEK to drill its first ever oil well
Ukraine's energy giant, DTEK, has announced plans to drill its first ever oil well in the Poltava region within a month, CEO Maksym Timchenko said at a press conference on October 12.
Gazprom opposes liberalisation of Russian LNG exports
Russia’s Gazprom has said it opposes the liberalisation of the country’s LNG export industry, in an apparent move to defend its leading position in the space, the Moscow-based Vedomosti newspaper reported on October 10.
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