Ukraine Drone Strike Halts Unit of Lukoil Refinery in Russia

Bloomberg03-12

(Bloomberg) -- Ukrainian drones attacked Russian oil refineries overnight, threatening a recovery in the nation’s fuel-processing capacity just as seasonal demand picks up. Most Read from Bloomberg ...

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China Has Never Canceled This Many Shipments of US Wheat. Capital Gains Hikes at Center of Biden’s Second-Term Tax Agenda. Lukoil PJSC’s Norsi plant in the Nizhny Novgorod region halted a unit after “an incident,” its press service said on Tuesday. The statement came shortly after the region’s governor Gleb Nikitin spoke in his Telegram account about a drone attack on the Norsi facility that resulted in a blaze. A strike near Surguteftegas PJSC’s Kirishi refinery didn’t cause any damage.The Norsi refinery, which has the capacity to process some 340,000 barrels a day, did not disclose the scale of the damage after the morning attack.The Kirishi refinery, with a capacity of some 350,000 barrels a day, mostly focuses on oil-product exports. That means an","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LUKOY":"PJSC Lukoil","BK4201":"综合性石油与天然气企业"},"translate_title":"乌克兰无人机袭击停止俄罗斯卢克石油炼油厂装置","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LUKOY":0.9},"content_text":"(Bloomberg) -- Ukrainian drones attacked Russian oil refineries overnight, threatening a recovery in the nation’s fuel-processing capacity just as seasonal demand picks up.\nMost Read from Bloomberg\n\nOne of the Most Infamous Trades on Wall Street Is Roaring Back\nChina Has Never Canceled This Many Shipments of US Wheat\nTech CEOs Are Addicted to Taking Needless Risks\nCapital Gains Hikes at Center of Biden’s Second-Term Tax Agenda\n\nLukoil PJSC’s Norsi plant in the Nizhny Novgorod region halted a unit after “an incident,” its press service said on Tuesday. The statement came shortly after the region’s governor Gleb Nikitin spoke in his Telegram account about a drone attack on the Norsi facility that resulted in a blaze. A strike near Surguteftegas PJSC’s Kirishi refinery didn’t cause any damage.\nThe strike on the Norsi refinery, which supplies fuel to both domestic and overseas markets, is the most destructive attack by Ukrainian drones on the Russian downstream oil sector in over a month. Kyiv has been targeting key Russian civilian and military infrastructure with drones following the Kremlin’s invasion in Ukraine, as the strategy can cause significant damage at relatively low costs. \nOverall, Russian military forces intercepted 25 Ukrainian drones attacking seven regions, including Moscow, on Tuesday morning, the nation’s Defense Ministry said in its Telegram account. Kyiv is trying to hamper Russia’s oil-product exports and its ability to send supplies to the front lines.\nAbout 1,000 km (over 620 miles) away from Nizhny Novgorod, another drone was downed in the town of Kirishi, home to the major export refinery run by Surguteftegas, according to regional governor Alexander Drozdenko. “There are no casualties or damages,” Drozdenko said in his Telegram account. \nRussian refineries had largely restored their oil-processing capacity by the end of February, following damage from previous strikes. To support the domestic market, Russia imposed a temporary ban on gasoline exports from March 1 and ordered refiners to coordinate their seasonal maintenance plans to ensure steady supplies. \nRead More: Russia Recovers From Ukraine Drone Strikes as Oil Refining Rises\nAny disruption to oil-processing operations from new drone strikes may redirect fuel flows between Russian regions and cause potential logistical bottlenecks. \nThe Norsi refinery, which has the capacity to process some 340,000 barrels a day, did not disclose the scale of the damage after the morning attack.  \n“The company is making every effort to restore normal operations as soon as possible,” it said, adding that it plans to coordinate with other market players to meet domestic fuel demand. \nNorsi curbed its operations earlier this year after an internal incident, which led to lower gasoline exports from Russia. Its oil-processing rates returned to normal levels in February.\nThe Kirishi refinery, with a capacity of some 350,000 barrels a day, mostly focuses on oil-product exports. That means any disruptions would affect Russia’s seaborne flows of petroleum products, including diesel.\nRead More: Russia Sees Lower Diesel Export by Sea in March After Drone Hits\n(Updates throughout with details of the attack, background)\nMost Read from Bloomberg Businessweek\n\nAcademics Question ESG Studies That Helped Fuel Investing Boom\nLuxury Postnatal Retreats Draw Affluent Parents Around the US\nHow Apple Sank About $1 Billion a Year Into a Car It Never Built\nThe Battle to Unseat the Aeron, the World’s Most Coveted Office Chair\nHow Microsoft’s Bing Helps Maintain Beijing’s Great Firewall\n\n©2024 Bloomberg L.P.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2418302147"}