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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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Nostrum Oil & Gas secures Kazakh government approval for Stepnoy Leopard oil fields plan
Nostrum Oil & Gas has secured government approval for its full-field development plan at the Stepnoy Leopard oil fields in Kazakhstan.
KazMunayGas and LanzaJet to develop Kazakhstan’s first sustainable aviation fuel plant
KazMunayGas-Aero has signed an agreement with American firm LanzaJet and Kazakh agro-industrial holding KazFoodProducts to develop a feasibility study for the construction of a sustainable aviation fuel (SAF) plant in Kazakhstan.
Ukraine's costly return to gas imports
Russian attacks against Ukraine’s natural gas production facilities have precipitated yet another energy security crisis for the beleaguered country.
BP, Masdar, MVM and SOCAR outline new investments and supply strategies for Azerbaijan’s green and gas energy sectors
Azerbaijan hosted a high-level energy conference in Baku on April 7 titled “Innovative pathways to a greener future: renewable energy and emissions reduction.”
Transnistria’s exports collapse by 57% y/y in Q1
Russian court orders seizure of former Gazprom exec's assets
A Russian court has ordered the transfer of assets linked to a former Gazprom executive to the state, ruling that he illegally exercised foreign control over strategic enterprises through a network of affiliated companies.
Transnistria receives less gas as it fails to timely pay the bill
Natural gas supplies to Transnistria were reduced to 2.2mn cubic meters per day from 3mn, as the authorities in Moldova’s separatist pro-Russian region failed to make the payment in advance for the two weeks starting April 9.
Russian oil exports to China dip sharply in late March
Russian seaborne crude exports declined in the final week of March as maintenance at Chinese state-owned refineries and technical work at the Kozmino terminal led to a sharp drop in Far East shipments.
Kazakhstan mulls six-month ban on LPG exports
Kazakhstan’s energy ministry has drafted an order to introduce a six-month ban on exports of LPG, propane and butane by road and rail, in a bid to prevent fuel shortages
KMG teams up with LanzaJet to assess Kazakh SAF project
Kazakhstan’s national oil company KazMunayGas has signed an agreement with US firm LanzaJet and agricultural holding KazFoodProducts to develop a feasibility study for a sustainable aviation fuel production facility.
Breaking energy ties with Russia cost EU €1.3 trillion, says Vedomosti
In an extensive review of data, Moscow-based business daily Vedomosti has sought to estimate the high cost that the EU paid for breaking its energy ties with Russia.
OPINION: Europe eager to avoid swapping dependence on Russian gas for overreliance on US LNG amid Trump volatility
Europe is caught in a bind: unwilling to commit to gas in the long term, but still heavily reliant on it in the short term; eager to reduce Russian influence, but wary of handing leverage to Washington.
Oil falls 3.75% amid global trade war recession fears
Oil prices fell 3.75% on April 7, continuing last week's losses, as escalating trade tensions between the United States and China fuelled fears of an economic recession that could reduce crude demand.
Kazakhstan avoids oil disruption as Russian court allows CPC terminal to operate fully
A Russian court has permitted the Caspian Pipeline Consortium (CPC) to continue loading crude oil from all three of its berths at the Black Sea export terminal located near Novorossiysk, averting a potential disruption to Kazakhstan’s oil exports.
Saudi Arabia’s frustration with Kazakhstan drives shock OPEC+ supply hike
Saudi Arabia’s mounting frustration with Kazakhstan and other quota-non-compliant oil producers reportedly triggered a surprise decision by the OPEC+ group to boost oil supplies, with little appetite to reverse course even if prices fall further.
Azerbaijan boosts istrategic energy posture with EU as South Gas Corridor and Green Energy Summits conclude in Baku
The meetings featured broad participation from officials representing Azerbaijan, the European Union, Central Asia and Southeast Europe.
CPC to contest in court Russia's mooring closure order impacting Kazah oil exports
The Western-backed Caspian Pipeline Consortium (CPC) is preparing to mount a legal challenge against a Russian regulatory order that has severely curtailed its export operations.
Kazakhstan boosts oil exports to Germany via Druzhba pipeline by 50% m/m in March
Kazakhstan raised its oil exports to Germany by 50% in March compared with the previous month, according to a statement from national oil transportation company KazTransOil (KTO) released on April 1.
Tatneft raises claims against Russian aircraft maker to $78mn
Russian oil producer Tatneft has raised its total claims against aircraft manufacturer Tupolev to RUB7.2bn ($78mn), after a court approved an additional claim for RUB1.6bn in interest.
Gazprom Neft starts 3D-printing of gas turbine parts
Gazprom Neft has launched 3D printing of gas turbine engine components for use at its oilfields, marking the first such application in Russia’s oil and gas sector.
Russian oil industry seeks more flexible taxation: Gazprom Neft CEO
Russia’s oil industry is calling for a more flexible tax system, including expansion of the excess profits tax regime, to stimulate technology development and unlock new reserves, Gazprom Neft CEO Alexander Dyukov said on March 31.
Turkmenistan's economic transformation: a new frontier for global investment
The upcoming International Forum to Attract Foreign Investments in Turkmenistan's Economy (TEIF 2025), scheduled for April 23-24, 2025, in Kuala Lumpur, Malaysia, is poised to be an all-important event.
Kazakhstan launches construction of largest polyethylene plant
Kazakhstan has commenced the construction of what will be its largest polyethylene production facility by far, the Silleno plant.
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