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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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Russian gas transit via Ukraine stable despite cut-off in supply to OMV
Russian natural gas transit to Europe through Ukraine as of November 19, despite Gazprom cutting off supply to Austria’s OMV over the weekend.
Putin suggests new Russia-Germany energy deals in call with Scholz
Russian President Vladimir Putin raised the prospect of entering new energy deals with Germany in his first call with German Chancellor Olaf Scholz in two years.
Russia and China explore new natural gas supply route via Kazakhstan
Russia mulls building gas pipe to China through east Kazakhstan
The project is a revision to the Altai pipeline that Moscow axed years ago because of a cold response from Beijing.
Russia sets out position on climate change at COP29
While climate change ranks low in terms of priorities domestically, Russia sees opportunities in playing a major role in the global energy transition.
Investments and production in Azerbaijan's energy and utilities sectors in January-October 2024
Azerbaijan's oil product output rises 2.6% in January-October 2024
In January-October 2024, the total value of oil product production in Azerbaijan amounted to AZN4.31bn ($2.5bn), representing a 2.6% increase compared to the same period in 2023.
Russia could tax Transneft pipeline operator 40%
Russia could tax Transneft pipeline operator 40%
Poland cuts Russian LPG imports ahead of EU ban
Poland has slashed imports of Russian LPG ahead of an EU embargo coming into force at the end of the year.
Germany refuses shipment of Russian LNG at Brunsbuettel terminal
Germany has rejected a shipment of Russian LNG slated to be received at the country’s northern Brunsbuettel import terminal.
Gazprom outbids Surgutneftegaz in fierce auction for Far Eastern subsoil rights
A subsidiary of Russian natural gas giant Gazprom has emerged victorious in a high-profile auction for exploration rights to the West-Lensky oil and gas block in the Far Eastern region of Yakutia.
Kazakhstan still struggles to compensate for missed OPEC+ quotas
Kazakhstan continued exceeding its OPEC+ quota in October, despite one of its largest oilfields shutting down during the month.
Uzbekistan’s gas distributor Khududgaztaminot reports 57% y/y revenue growth in 1H24
Iranian government issues energy directive amid gas shortage
Iran’s economic task force has announced energy-saving measures as part of efforts to tackle the country’s gas shortage ahead of winter.
Russian oil major Tatneft to pay 75% of RAS profit dividend
The board of Russian regional oil major Tatneft of the Tatarstan Republic has recommended a 3Q24 dividend of RUB 17.39/share.
FSUOGM: Rosneft denies oil mega-merger reports
Russia cuts off gas supply to Austria's OMV
Russian gas giant's cut off of supplies to Austria's biggest oil and gas company triggers a spike in European gas prices.
MP says Turkey earns $1.27 per barrel of oil piped through link allegedly providing Azerbaijani crude to Israel
Russia could partially lift petrol exports ban
The Energy Ministry proposes to allow petrol exports as of December 1, 2024, but only for direct producers of AI-92 class petrol in the first stage.
Kazakhstan sells KEBCO in Platts trading window for first time
Kazakhstan shares plans on regulatory measures aimed at reducing methane and non-CO2 emissions
Baker Hughes lands contract to cut emissions at Azeri oil refinery
US oil industry services giant Baker Hughes announced on November 14 it would provide its integrated gas recovery and hydrogen sulphide (H2S) removal system to reduce emissions at the Heydar Aliyev oil refinery in Azerbaijan.
Rosneft denies oil mega-merger reports
Russia’s largest oil company Rosneft strongly denied Western media reports that there was a plan to merge it with the country’s other top oil producers Lukoil and Gazprom Neft.
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