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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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THE VIEW FROM MITTELEUROPA: Austria struggles to kick addiction to Russian gas
But cold turkey looms at the end of next year when Ukraine looks set to suspend pipeline shipments.
Afghanistan returns ‘low-quality’ oil to Uzbekistan and Iran
Russia's lost opportunity in the energy transition
Russia has lost, potentially irrevocably, its status as Europe’s top gas supplier as a result of its invasion of Ukraine and its subsequent weaponisation of supplies.
Kazakhstan reduces daily oil output due to maintenance works at Karachaganak field
QazaqGaz intending to launch new Anabay gas field this year
Chevron’s Tengiz field expansion reportedly delayed until end-2024
Russian filling stations suffer losses amid soaring wholesale fuel prices
Filling stations in Russia are currently loss-making, Vedomosti reported on September 7 citing data from Russian consultancy Petromarket, as a result of soaring wholesale prices for fuels.
Russia near to finalising route of Power of Siberia 2 pipeline
Russia is near to finalising the route of the Power of Siberia 2 pipeline that will run to China through Mongolia, Deputy Prime Minister Alexander Novak wrote in an article on September 6.
China keen on oil and gas projects in Kazakhstan, says Astana's PM
China’s state-owned Sinopec is interested in taking part in new oil and gas projects in Kazakhstan, Kazakh Prime Minister Alikhan Smailov said on September 8 after meeting with the oil company’s president, Yu Baotsai.
Russia predicts rebound in oil export prices over next three years
Russia’s government remains bullish on the export price for the country’s oil, predicting continued growth over the next three years, Bloomberg reported citing a presentation made to Prime Minister Mikhail Mishustin on September 7.
Russia mulls drastic measures as domestic fuel shortage crisis grows
Senior Kremlin figures are calling for a ban on the export of petroleum to prevent gas stations across Russia from running dry.
Ukraine recaptures Black Sea oil rig from Russia
Ukraine’s armed forces have recaptured an oil and gas platform in the Black Sea that had been under Moscow's control since 2015, Ukraine’s intelligence services said in a statement on September 11.
Czech oil imports from Russia rose to a decade high in 1H23
Share of Russian crude oil imports into Czechia is the highest since 2012 at 65%.
FSUOGM: Russia extends 300,000 bpd output cut till end of year
Fate of Iran-Russia $40bn oil and gas deal hangs in the balance
Over a year has passed since the signing of the monumental $40bn memorandum of understanding between Iran and Russia's Gazprom, yet the fate of this ambitious energy deal remains uncertain.
Russian oil still India's cheapest option, despite a shrinking discount
Russian oil will continue to be the cheapest option for India, even with the Urals discount to Brent dropping to $4-5, according to a review by Kpler cited by Kommersant on September 8.
US senator calls on top oilfield services firms to quit ties with Russia
The head of the US senate foreign relations committee has demanded to know why the US’s top three oilfield services companies continued working in Russia after the conflict began in Ukraine, and called on them to “cease all investments” there.
Tashkent, Seoul reach deal on $1bn owed by Uzbek side to Korean partner in gas, petrochemical project
Germany extends external control over Rosneft assets for another six months
The German Federal Network Agency has announced the continuation of external control over the assets of Russia's Rosneft in Germany for an additional six months. This decision extends the regime that was initiated last year.
PM Dorin Recean says Moldova won’t pay Gazprom's $709mn demand
Independent audit finds only $8.6mn of Gazprom's $709mn claims for historic debts are justified.
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