FSUOGM - Former Soviet Union Oil & Gas

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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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Azerbaijan increases oil and gas production in early 2025, exports 3.7mn tonnes of crude

14 March 2025

Azerbaijan's oil and gas output rose in the first two months of 2025, with the country producing 4.5mn tonnes of oil and condensate, maintaining stable extraction levels despite ongoing OPEC+ production constraints.

Azerbaijan and North Macedonia strengthen energy cooperation

13 March 2025

Azerbaijan and North Macedonia have reinforced their growing partnership, with a particular focus on energy cooperation, as Presidents Ilham Aliyev and Gordana Siljanovska-Davkova met to discuss various areas of collaboration.

Ukraine seeks to boost US gas imports amid rising energy demand

13 March 2025

Ukraine is planning to purchase significant volumes of American gas this year to meet growing import demand following Russian attacks on its energy infrastructure.

OPEC+ crude production jumps in February led by Kazakhstan’s quota violations

13 March 2025

Crude oil production from the OPEC+ alliance surged in February, led by a significant increase from Kazakhstan, which continues to exceed its output quota despite repeated commitments to comply, Bloomberg reported on March 12.

CPC Blend loadings up 24% m/m in February on Kazakh output rise

13 March 2025

CPC Blend oil loadings from the Caspian Pipeline Consortium’s (CPC) Black Sea terminal surged by approximately 24% m/m in February, reaching 1.68mn barrels per day (bpd), Reuters reported on March 12, citing its own calculations.

Slovak Transpetrol says Druzhba oil flow has been renewed

13 March 2025

Slovak oil transporting company Transpetrol says that oil flow via the Russian Druzhba [Friendship] pipeline has been renewed and that oil should be arriving in Slovakia in the evening hours of March 12.

Hungary says Russian oil supplies via Druzhba pipeline temporarily halted

12 March 2025

Hungary’s Foreign Minister Peter Szijjarto said on March 10 that Russian oil supplies through the Druzhba pipeline were temporarily suspended following large-scale Ukrainian drone strikes.

Kazakhstan's CPC oil pipeline shipments unchanged despite pledges to cut output in March

12 March 2025

Kazakhstan has yet to implement oil production and export reductions it pledged under its OPEC+ commitments, with crude flows via the Caspian Pipeline Consortium (CPC) route continuing at planned levels, Reuters has reported, citing five sources.

Kazakhstan to construct and modernise underground gas storage facilities

12 March 2025

Kazakhstan’s Ministry of Energy has unveiled a plan to construct and modernise underground gas storage facilities between 2025 and 2029, as part of a broader strategy to strengthen the country’s gas sector.

Druzhba pipeline oil deliveries suspended temporarily due to drone strike, Hungarian FM says

12 March 2025

Oil deliveries to Hungary via the Druzhba pipeline have had to be suspended temporarily on March 11 due to a Ukrainian drone strike on one of the pipeline’s measuring stations.

GECF bullish on natural gas as "integral" to energy mix for decades to come

11 March 2025

“We are convinced now more than ever that natural gas is not just a bridge to the future. It is an integral part of the future,” GECF Secretary General Mohamed Hamel said.

Russia ships diesel to Syria on US-sanctioned tanker

11 March 2025

Russia is reported to have shipped at least one cargo of diesel to Syria’s East Mediterranean region near Baniyas in recent weeks, using a tanker that has been sanctioned by the US government.

Kazakhstan delivers 100,000 tonnes of crude to Germany via Druzhba pipeline in February

11 March 2025

Kazakhstan delivered 100,000 tonnes of crude oil to Germany in February via the Druzhba pipeline system of Russia’s Transneft, according to a press release put out by KazTransOil.

Kazakhstan to reduce crude oil shipments via CPC by 70% in March

11 March 2025

Kazakhstan will reduce its crude oil shipments via the Caspian Pipeline Consortium (CPC) pipeline that runs to the Russian Black Sea coast by up to 70% in March, Deputy Energy Minister Alibek Zhamauov has said.

Kazakhstan in talks with oil producers to cut output amid upcoming OPEC+ production hike

11 March 2025

Kazakhstan is reportedly in talks with major oil producers operating in the country to implement output cuts aimed at aligning its production levels with targets set by the Organisation of the Petroleum Exporting Countries and allies (OPEC+).

TEIF 2025: Global partnership, investment and development

11 March 2025

The International Forum to Attract Foreign Investments in Turkmenistan’s Economy (TEIF 2025) is scheduled to take place on April 23-24 this year.

Russian government rules out extra priority to oil product delivery via rail

10 March 2025

The Russian government sees no urgent need to give extra priority to the delivery of oil products by rail, Deputy Prime Minister Alexander Novak said on March 9.

Kazakhstan unveils plans to expand gas storage capacity

10 March 2025

Kazakhstan intends to construct underground gas storage facilities between 2025 and 2029 to support the expansion of the country’s gas sector.

US reportedly rejects Canada's proposal to target Russian shadow oil fleet

10 March 2025

The US has rejected a Canadian proposal to establish a task force aimed at preventing Russia’s circumvention of Western sanctions using its so-called "shadow fleet" of oil tankers.

TurkStream gas flow to Europe hits new record in February

10 March 2025

​The TurkStream, the last remaining pipeline flowing Russian natural gas to Europe, handled record volumes for another month in February, delivering 1.55 bcm.

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