Russian oil depots are burning, and diesel fuel exports have fallen to a three-month low.

Wednesday, March 13, 2024
Russian oil depots are burning, and diesel fuel exports have fallen to a three-month low.

The volume of diesel and gas oil deliveries through Russian ports amounted to 858,000 tons last week, the lowest indicator since the beginning of December last year. Distillate shipments fell for the third week amid multiple attacks on Russian refineries in January and February.

The first of these significant attacks took place on January 21, when drones attacked the Novatek Ust-Luga gas processing complex located in the Gulf of Finland. On January 25, an oil processing plant at the Rosneft Tuapse Oil Refinery was damaged.

The February attacks began at the Lukoil Volgograd Refinery, where the primary oil processing unit was disabled. On February 9, the power plants of the Ilsky and Afipsky refineries in the Krasnodar region suffered various degrees of damage.

Moreover, on March 12 in the Oryol and Nizhny Novgorod regions, a drone attack destroyed an oil depot and an oil processing plant at one of the largest Lukoil refineries in Russia. The installation provides 53% of the enterprise’s total processing capacity and 5% of the country’s oil.

 

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