Page 3 - FSUOGM Week 48 2019
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FSUOGM CONTENTS FSUOGM
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FSUOGM
FSU Oil & Gas Monitor
 COMMENTARY
Investors still waiting for big Kazakh IPOs 4
Power of Siberia pipe goes live 5 PIPELINES & TRANSPORT
ESPO boosts capacity by 10% 6 TurkStream gas pipeline to start up on Jan 8 6 Vitol eyes Turkmen oil product trade 7
INVESTMENT
Russia delays approval of Shell-Gazprom Neft JV 7
PERFORMANCE
Belarusian losses from Russian tax changes to reach $5.8bn by 2024 8 Gazprom sees 45% net profit drop in 3Q19 on lower prices 8 Tatneft bounces back from Druzhba problems in 3Q19 9
POLICY
Ukraine, Russia talk transit once again 9
Ukraine seeks to recover $2.6bn from Gazprom in Latvia 10 PROJECTS & COMPANIES
Gazprom unit targets oil at parent’s gas field 10 Wintershall-Lukoil JV bags new licence 11
NEWS IN BRIEF 12
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