FSUOGM Week 50 2019
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Issue 1057 18•December•2019 Week 50
TurkStream troubles
The TurkStream pipeline is all but complete, but weak Turkish demand and construction delays in Bulgaria are a problem.
EU lends Moldova a hand
The EBRD has issued a $50mn letter of credit covering gas supplies to Moldova in the event of a disruption to Ukrainian transit in January.
Ukraine repeats offshore offer
Ukraine is once again inviting bids for exploration rights to a large area of the Black Sea, after its first contest was deemed a failure.
Kashagan’s ups and downs
More than three years after its launch, Kashagan’s output is still volatile, with a recent compressor failure causing it to slump again.