Page 3 - FSUOGMWeek 10 2020
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FSUOGM
FSU Oil & Gas Monitor
 COMMENTARY
Russia, Saudi Arabia lock horns in zero-sum supply war 4 Oil price shock sparks rapid revision of budget in Kazakhstan 6 Russia introduces new tax relief for oil producers 8
PIPELINES & TRANSPORT
NS2 pipelaying vessel bound for Egypt 9
Gazprom to halt Power of Siberia this month for repairs 10 INVESTMENT
Gazprom, OMV stall West Siberian gas deal 11 Shares in Russian oil majors collapse after OPEC+ talks break down 12 Ukraine’s JKX sheds oil assets in Hungary 12
PROJECTS & COMPANIES
Another setback for Nostrum as Kazakh partner delays gas supplies 13
Gazprom Neft, Rosneft launch new oilfield 13 NEWS IN BRIEF 14
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