Page 3 - FSUOGM Week 24 2022
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FSUOGM                                         CONTENTS                                            FSUOGM



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                                            FSUOGM







                                                 FSU Oil & Gas Monitor





                         COMMENTARY



                         Fate of Vostok Oil up in air amid sanctions, EU embargo               4



                         Russian energy export revenues up 40% in May despite sanctions        6



                         PERFORMANCE



                         European gas market takes hit from Freeport LNG explosion             8


                         Russian gas exports to EU slump to record low                         9




                         POLICY


                         Gneiss: The wider implications of a ban on Russian oil              10



                         Cost of utilities not to rise: Zelenskiy                            11


                         Kremlin expects no further cut-offs in gas supply to Europe         11




                         PROJECTS & COMPANIES



                         BP finishes up Azeri drilling without finding cost-effective resources  12


                         Trafigura fully writes down Vostok Oil investment                   13



                         NEWS IN BRIEF                                                        14




                         NEWSBASE ROUNDUP GLOBAL (NRG)                                        16



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