"The three facilities hit by Ukrainian drones in the past two days account for about 10% of Russia’s oil-processing capacity" - Bloomberg
The strike on Rosneft’s refinery in Ryazan about 200 km (124 miles) southeast of Moscow was on a facility that has a capacity of 17.1 million tons a year, or around 340,000 barrels/day.
It is a major supplier of motor fuels for Russian regions around the capital. It’s the second casualty of Ukrainian strikes that have damaged facilities accounting for more than 10% of Russia’s oil-processing capacity in the past two days.
Later on Wednesday, the independent Novoshakhtinsk refinery in Russia’s southern Rostov region halted operations after a drone strike, regional governor Golubev said, while giving no details of any damage. The facility has a capacity of 5.6 million tons per year, or around 112,000 barrels a day.
The latest wave of attacks that started Tuesday damaged a unit of Lukoil PJSC’s Norsi refinery in Nizhny Novgorod and hit an oil depot in the Oryol region.
Ukrainian drones also repeatedly targeted Surgutneftegas PJSC’s major export-focused Kinef refinery in Kirishi, on the Baltic coast, according to Leningrad region Governor Drozdenko.
The strikes on oil facilities aim to disrupt Russia’s exports and fuel supplies to the Russian army on the front lines.
“We are fighting everything that finances Russia’s army and the war,” Andriy Yermak, Zelenskiy’s chief of staff said, after Russian air strikes killed and injured civilians in three cities overnight. “Russia is fighting civilians and apartment blocks.”
Oil prices rose more than 2% on Wednesday amid signs of tightening supply, including declining US inventories and continued drone attacks on Russian refineries.
“Not only are crude oil prices rising, but [the attacks] will also curtail Russian diesel exports and perhaps turn them into a gasoline importer. Russian customers need to seek alternative supplies, and Russia needs to buy from the world market,” said Andy Lipow of Lipow Oil Associates on Wednesday.
Bloombergin maksumuurintakaista juttua.