Page 3 - FSUOGM Week 05 2023
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FSUOGM                                         CONTENTS                                            FSUOGM



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                                            FSUOGM







                                                 FSU Oil & Gas Monitor



                         COMMENTARY


                         Azerbaijan targets further growth in gas exports in 2023              4

                         Jury still out on the effectiveness of the oil price cap scheme on Russian

                         exports                                                               5



                         PIPELINES & TRANSPORT


                         Azerbaijan cut off the gas supply to Nagorno-Karabakh again           8

                         Novatek nears LNG deal with India's GAIL                              9



                         PERFORMANCE


                         BP analysts predict 42% slide in Russian oil output by 2035         10



                         POLICY


                         Russian budget revenues slump 46% year on year in January           11

                         EU and G7 agree on Russian petroleum product price caps             12


                         Europe no longer decides price of Urals oil: Sechin                 13


                         P ROJECTS & COMPANIES


                         Novatek foresees 50% growth in profit in 2023                       14


                         Shell exits Salym Petroleum joint venture in West Siberia           15



                         NEWS IN BRIEF                                                        16


                         NEWSBASE ROUNDUP GLOBAL (NRG)                                        18






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