Page 3 - FSUOGM Week 40
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FSUOGM                                         CONTENTS                                            FSUOGM



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                                                 FSU Oil & Gas Monitor





                         COMMENTARY
 KEEP                    Russia wraps up oil tax overhaul                                      4




                         Ups and downs as OPEC+ levels broadly maintained
                                                                                               6


  YOUR                   NEWSBASE’S ROUNDUP GLOBAL (NRG)                                       8


                         Oil enters choppy waters



                         PIPELINES & TRANSPORT
 EYES                    Russian pipelayer expected to finish Nord Stream 2 bound for Kaliningrad  13




                         EU to plough €1bn into energy infrastructure
                                                                                             14


                         INVESTMENT
 ON                      Surgut could sell shares, but treasury issue unlikely resolved      15





                         Transneft drops 76% in 2Q20, capex cut
                                                                                             15
  THE                    PERFORMANCE                                                         16




                         Russian oil output up 0.6% in September


                         PROJECTS & COMPANIES
 BALL                    Construction starts on Tula urea plant                              16





                                                                                             17
                         Kazakhstan denies giving oil export privileges to Vitol


                         NEWS IN BRIEF                                                        18


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