FSUOGM Week 32 2021
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Issue 1138 11•August•2021 Week 32
Is Nord Stream 2 good for Europe?
Much is said of Nord Stream 2’s negative implications, but the argument can be made that the pipeline might benefit Europe.
KMG suffers further output declines
KMG has suffered further output declines at its three main subsidiaries, as well as at Kazakhstan's three biggest projects, despite eased OPEC+ cuts.
UK sanctions Gutseriev
The UK has imposed sanctions on Russian billionaire oilman Mikhail Gutseriev over his ties with the Lukashenko regime in Belarus.
Markets concerned by Gazprom fire
A fire at Gazprom’s Urengoy gas processing plant has temporarily halted gas flow via the Yamal-Europe pipeline, making markets nervous.
