Page 3 - FSUOGM Week 31
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FSUOGM                                         CONTENTS                                            FSUOGM



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                                                 FSU Oil & Gas Monitor





                         COMMENTARY                                                            4
 KEEP                    Kremlin may have to intervene in latest oil tax row                   6
                         Novatek posts weaker Q2 numbers, but stresses strengths




                         NRG: Emerging bright spots
                                                                                               7
  YOUR                   PIPELINES & TRANSPORT                                               12

                         Gazprom Neft joins international LNG bunkering group


                         Russia overtakes US in LNG supplies to China
                                                                                             12
                         Ice-breaking LNG carrier reaches Japan in industry first
                                                                                             13
 EYES                    Russia cleared to work on Nord Stream 2                             13



                         INVESTMENT

                                                                                             14
                         Ukraine secures $61mn EU loan to cut energy imports
 ON                      Russia's Rosneft speeds up share buyback in July                    14


                         PERFORMANCE

                         Russian producers turn on taps after OPEC+ cuts eased
                                                                                             15
                         Kazakh oil output up 2% m/m in July, exceeding OPEC+ quota
                                                                                             16
  THE                    POLICY                                                              16



                         Poland fines Gazprom for obstructing Nord Stream 2 probe


                         PROJECTS & COMPANIES
 BALL                    Gazprom Neft pushes ahead with new oil project                      17



                                                                                             18
                         Woodside may pre-empt sale of Senegal block stake to Lukoil
                         Novatek progresses North-Russky project
                                                                                             19

                         NEWS IN BRIEF                                                       20


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