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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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“Oil Czar” Sechin said to be behind Kremlin’s Fortum/Uniper asset grab
The influential head of Russia’s largest crude oil producer Rosneft Igor “Oil Czar” Sechin could be behind the most recent seizure of the assets of German Uniper and Finnish Fortum, The Bell suggests.
‘Technical procedures only’ stand in way of resumption of Iraq oil flows to Turkey’s Ceyhan says Baghdad
ASX-listed Talon Energy welcomes partner TMK Energy’s progress at Gurvantes XXXV CSG project in Mongolia
Naftogaz Group launches two new production wells, boosting daily gas output by over 300,000 cubic metres
Ukraine's Naftogaz Group has successfully launched two new production wells, contributing over 300,000 cubic metres of gas to the company's daily production, Ukraine Business News reported on April 27.
Russia to overtake Middle East in April as India’s biggest supplier of crude imports
Russia is set to overtake India’s tradition supplies of crude oil from the Middle East to become the biggest supplier as imports rise to record levels in April.
Turkmenistan working on developing pipeline to export gas to Europe president tells Dubai forum
Mongolia’s first oil refinery to be completed with Indian assistance by 2025 says envoy
Wintershall Dea says Russia exit decision “final” after Putin’s decree
German energy Wintershall Dea has taken a “final” decision to leave Russia, while closing the offices, repatriating foreign staff and considering “various exit options”, said RBC business portal citing the CEO of the company Dea Mario Mehren.
EU still among the largest importers of Russian oil products
New data shows that the EU is still among the largest importers of oil products from Russia, which are routed through 'laundromat' countries to avoid sanctions, according to the CREA.
Gazprom proposes liberalisation of gas prices in domestic market
#bne #Gazprom #Russia #Gazpromgaz #newsbase #marketliberalisation
US companies in talks to join Ukrainian gas production, Naftogaz says
US companies are in negotiations with Ukrainian gas giant, Naftogaz, to participate in Ukrainian gas production, Ukraine Business News reported on April 25.
US urges Turkmenistan to cut methane emissions to help battle climate crisis
Secretary of State Antony Blinken addresses urgent issue during Washington visit of Turkmen counterpart. Military chiefs of two countries hold concurrent meeting on security challenges.
Chinese investor backs oil, gas equipment plant project in Kaluga
Chinese firm IGRB has signed an agreement of intent with the government of Russia’s Kaluga region to build a plant to produce equipment for the oil, gas, geothermal and thermal power industries.
Russian LNG liberalisation set to benefit Rosneft
Russian state-owned oil firm Rosneft looks set to be the main beneficiary of a proposed government law that will liberalise rights to use the country’s gas to export gas, with 36 of the company’s fields permitted to be used for LNG development.
LNG volumes at sea rise on annual basis
The amount of LNG stored at sea rose this month on an annual basis, Reuters reported on April 21, attributing the growth to low spot demand in Japan, China and South Korea.
German parliament passes law on fast sale of Rosneft stake in refinery
Germany’s parliament last week cleared changes to the country’s energy security act that will enable a fast sale of Rosneft’s stake in the Schwedt oil refinery without the plant first needing nationalisation.
‘Relegated’ Gazprom looks set for football sponsorship deal with Istanbul’s Besiktas
Ex-semi-pro football player and Turkish president Recep Tayyip Erdogan may hope agreement will help with Turkey’s plans to score as a gas hub.
Russian Gazprom looks to boosts domestic gas sales margins
Russian natural gas giant Gazprom is looking to boost its revenues from domestic gas sales and is lobbying for the liberalisation of the industrial gas market in certain regions.
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