Page 1 - 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.


























































































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