Page 3 - FSUOGM Week 31 2022
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FSUOGM                                         CONTENTS                                            FSUOGM



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                                            FSUOGM







                                                 FSU Oil & Gas Monitor





                         COMMENTARY


                         OPEC+ tiny production increase is a slap in face for Biden            4


                         Azeri-Armenian clashes jeopardise EU's Caspian gas import plans       6


                         PIPELINES & TRANSPORT


                         Bulgaria is short of 40% of natural gas needed for winter season      7

                         Germany blames Gazprom for delaying the return of Nord Stream turbine   8



                         PERFORMANCE

                         Russian oil output recovers in July                                   9



                         POLICY


                         G7 seeks to advance Russian oil price cap                             9

                         Russia seeks new routes for crude exports                           10

                         Russia raises stakes in Sakhalin showdown                           10



                         PROJECTS & COMPANIES

                         Baker Hughes to sell to Russian local management                    11


                         BP completes installation of drilling modules of Central East Azeri

                         platform                                                            12

                         Russia’s Lukoil to buy back $6.3bn of bonds                         13


                         NEWS IN BRIEF                                                        14



                         NEWSBASE ROUNDUP GLOBAL (NRG)                                        16



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