Page 1 - FSUOGM Week 23 2022
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Issue 1180               08•June•2022                      Week 23






                    ™      Azeri gas prospects


                            Azerbaijan is eager to expand its gas market share in Europe as the EU pushes to
                            end reliance on Russian oil.


                    ™      EU adopts oil embargo


                            The EU has adopted its embargo of Russian oil, with some caveats.

                    ™      Germany's cost to bear


                            German taxpayers stand to pay signifciantly for the sanctions that Russia has
                            imposed on Gazprom Germania.

                    ™      Saudi ready to turn on tap


                            Saudi Arabia is reportedly prepared to let more oil flow onto the market to
                            offset the decline in Russian deliveries.
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