Page 1 - FSUOGM Week 34 2022
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Issue 1191             24•August•2022                      Week 34






                    ™      Russia's Asia pivot will take too long


                            Russia is wise to pivot its oil and gas exports to Asia, but it will take time to offset
                            the loss of European revenues.


                    ™      New Sakhalin-2 operator starts up


                            Russia's state-back entity has assumed control of the Sakhalin-2 LNG and oil
                            project.

                    ™      Nord Stream closure


                            The Nord Stream pipeline is due to shut down for three days from August 31
                            for unscheduled maintenance.

                    ™      Naftogaz bondholders reject delay


                            Ukraine's Naftogaz had its second proposal to defer debt payments rejected
                            by bondholders.
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