Former Soviet Union (FSU) Upstream Development Outlook to 2025

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This report indicates that 39 key crude and natural gas production projects are expected to start operations in four countries in the Former Soviet Union (FSU). Among these, 23 represent the number of planned projects with identified development plans and 16 represent the number of early stages announced projects that are undergoing conceptual studies and that are yet to be approved for development.

In terms of the number of planned oil and gas production projects, Russia leads among countries with 19 projects, followed by Uzbekistan, and Azerbaijan with two projects each. Russia also leads in terms of announced projects with 14. Uzbekistan and Kazakhstan follow Russia, with one project each.

Onshore terrain has the highest number of projects with 32, followed by shallow water with six projects.

Major Planned and Announced Production Project Starts by Key Countries, 2021–2025

In the FSU, among projects that are expected to come online by 2025, five projects are likely to be developed with fixed platform, while gravity-based platform and subsea system platforms are used by one project, each. The facility type of the remaining projects is currently unknown.

Scope

FSU oil and gas production outlook by key countries, and key companies for the period 2021-2025

FSU new projects capital expenditure outlook by key countries, key companies, field terrain and facility type for 2021-2025

Key economic metrics of major upcoming oil and gas projects in the FSU

Project economics of oil and gas projects by key countries

Major projects count by key countries, field terrain, and facility type

Details of key upcoming crude and natural gas projects in the region

Reasons to Buy

Understand FSU oil and gas production outlook during the period 2021-2025

Keep abreast of key upcoming production projects in the FSU during the outlook period

Facilitate decision making on the basis of strong oil and gas production data

Develop business strategies with the help of specific insights on the FSU upstream sector

Assess your competitor’s planned oil and gas production projects in the region

Table of Contents

Table of Contents

| About GlobalData 2

1.1 List of Tables 4

1.2 List of Figures 5

2. Key Highlights 6

3. FSU Development Trends 7

3.1 Production outlook 7

3.2 Capex Outlook 9

3.3 Development Outlook 10

3.4 Major Project Count by Country 11

3.5 Major Project Count by Terrain 12

3.6 Major Projects by Facility Type 13

3.7 Latest Project Updates, 2021 13

4. Oil Development Focus 14

4.1 Crude & Condensate Production Outlook by Country 14

4.2 Crude & Condensate Production Outlook by Company 17

4.3 Upcoming Oil Projects 20

4.4 Key Economic Metrics of Major Upcoming Oil Projects 22

5. Gas Development Focus 25

5.1 Natural Gas Outlook by Country 25

5.2 Natural Gas Outlook by Company 28

5.3 Upcoming Gas Projects 31

5.4 Key Economic Metrics of Major Upcoming Gas Projects 33

6. Expenditure Outlook 36

6.1 New Project Expenditure Outlook by Country 36

6.2 New Project Expenditure Outlook by Company 38

6.3 New Project Expenditure Outlook by Field Terrain 40

6.4 New Project Expenditure Outlook by Facility Type 42

7. Appendix 44

7.1 Abbreviations 44

7.2 Methodology 44

| Contact Us 45

Table

List of Tables

Table 1: Production Outlook from Producing, Planned, and Announced Projects (mboed), 2019-2025* 8

Table 2: Capex Outlook from Producing, Planned and Announced Projects (US$ mil), 2019-2025* 9

Table 3: Recoverable Reserves (mmboe) from Planned and Announced Projects by Country, Field Terrain, and Project Count, 2021-2025 10

Table 4: Major Planned and Announced Project Starts by Country, 2021-2025 11

Table 5: Planned and Announced Projects of County by Terrain, 2021-2025 12

Table 6: Planned and Announced Projects by Facility Type, 2021-2025 13

Table 7: Latest Project Updates, 2021 13

Table 8: Crude and Condensate Production Outlook by Key Countries (mbd), 2021-2025 14

Table 9: Crude and Condensate Production Outlook from Planned and Announced Projects by Key Countries (mbd), 2021-2025 16

Table 10: Crude and Condensate Production Outlook by Key Companies (mbd), 2021-2025 17

Table 11: Crude and Condensate Production Outlook from Planned and Announced Projects by Key Companies (mbd), 2021-2025 19

Table 12: Key Upcoming Crude Projects, 2021-2025 20

Table 13: Economic Metrics of Major Planned and Announced Oil Projects, 2021-2025 23

Table 14: Economic Metrics of Major Planned and Announced Oil Projects by Country, 2021-2025 24

Table 15: Natural Gas Production Outlook by Key Countries (mmcfd), 2021-2025 25

Table 16: Natural Gas Production Outlook from Planned and Announced Projects by Key Countries (mmcfd), 2021-2025 27

Table 17: Natural Gas Production Outlook by Key Companies (mmcfd), 2021-2025 28

Table 18: Natural Gas Production Outlook from Planned and Announced Projects by Key Companies (mmcfd), 2021-2025 30

Table 19: Key Upcoming Gas Projects, 2021-2025 31

Table 20: Economic Metrics of Major Planned and Announced Gas Projects, 2021-2025 34

Table 21: Economic Metrics of Major Planned and Announced Gas Projects by Key Countries, 2021-2025 35

Table 22: Capex Outlook for Major Planned and Announced Projects by Key Countries (US$ mil), 2021-2025* 36

Table 23: New Project Expenditure Metrics by Country, 2021-2025 37

Table 24: Capex Outlook for Major Planned and Announced Projects by Key Companies (US$ mil), 2021-2025* 38

Table 25: New Project Expenditure Metrics by Key Companies, 2021-2025 39

Table 26: Annual Breakdown of Capex Outlook for Major Planned and Announced Projects by Field Terrain (US$ mil), 2021-2025* 40

Table 27: New Project Expenditure Metrics by Field Terrain, 2021-2025 41

Table 28: Capex Outlook for Major Planned and Announced Projects by Facility Type (US$ mil), 2021-2025* 42

Table 29: New Project Expenditure Metrics by Facility Type, 2021-2025* 43

Figures

List of Figures

Figure 1: Production Outlook from Producing, Planned, and Announced Projects (mboed), 2019-2025* 7

Figure 2: Capex Outlook from Producing, Planned, and Announced Projects (US$ mil), 2019-2025 9

Figure 3: Recoverable Reserves (mmboe) from Planned and Announced Projects by Country, Field Terrain, and Project Count, 2021-2025 10

Figure 4: Major Planned and Announced Project Starts by Country, 2021-2025 11

Figure 5: Planned and Announced Projects of Country by Terrain, 2021-2025 12

Figure 6: Planned and Announced Projects by Facility Type, 2021-2025* 13

Figure 7: Crude and Condensate Production Outlook by Key Countries (mbd), 2021-2025 14

Figure 8: Crude and Condensate Production Outlook from Planned and Announced Projects by Country (mbd), 2021-2025 15

Figure 9: Crude and Condensate Production Outlook from Planned and Announced Projects by Country (mbd), 2021-2025 16

Figure 10: Crude and Condensate Production Outlook by Key Companies (mbd), 2021-2025 17

Figure 11: Crude and Condensate Production from Planned and Announced Projects by Key Companies, 2021-2025 18

Figure 12: Crude and Condensate Production from Planned and Announced Projects by Key Companies, 2021-2025 19

Figure 13: Economic Metrics of Major Planned and Announced Oil Projects, 2021-2025 22

Figure 14: Economic Metrics of Major Planned and Announced Oil Projects by Country, 2021-2025 24

Figure 15: Natural Gas Production Outlook by Key Countries (mmcfd), 2021-2025 25

Figure 16: Natural Gas Production Outlook from Planned and Announced Projects by Key Countries (mmcfd), 2021-2025 26

Figure 17: Natural Gas Production Outlook from Planned and Announced Projects by Key Countries (mmcfd), 2021-2025 26

Figure 18: Natural Gas Production Outlook by Key Companies (mmcfd), 2021-2025 28

Figure 19: Natural Gas Production Outlook from Planned and Announced Projects by Key Companies (mmcfd), 2021-2025 29

Figure 20: Natural Gas Production Outlook from Planned and Announced Projects by Key Companies (mmcfd), 2021-2025 29

Figure 21: Economic Metrics of Major Planned and Announced Gas Projects, 2021-2025* 33

Figure 22: Economic Metrics of Major Planned and Announced Gas Projects by Key Countries, 2021-2025* 35

Figure 23: Capex Outlook for Major Planned and Announced Projects by Key Countries (US$ mil), 2021-2025 36

Figure 24: New Project Expenditure Metrics by Country, 2021-2025 37

Figure 25: Capex Outlook for Major Planned and Announced Projects by Key Companies (US$ mil), 2021-2025 38

Figure 26: New Project Expenditure Metrics by Key Companies, 2021-2025* 39

Figure 27: Capex Outlook for Major Planned and Announced Projects by Field Terrain (US$ mil), 2021-2025 40

Figure 28: New Project Expenditure Metrics by Field Terrain, 2021-2025 41

Figure 29: Capex Outlook for Major Planned and Announced Projects by Facility Type (US$ mil), 2021-2025 42

Figure 30: New Project Expenditure Metrics by Facility Type, 2021-2025* 43

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