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Russian Refinery Runs Slip After Ukrainian Drone Attacks

REFINING

Russian refinery rates have fallen to a near two-month low following Ukrainian drone strikes according to a Bloomberg source.

  • Russia processed 5.41 mn bpd in the seven days through Jan. 31, the first full week showing the impact of Ukraine’s attacks. Its runs are 135,000 bpd below the average for most of December, according to Bloomberg calculations.
  • Average Russian refinery processing in January was slightly higher than in the last week of the month, at 5.48mn bpd.
  • The January average was about 60kbd lower than December.
  • Novatek PJSC’s condensate processing plant on the Baltic coast and Rosneft PJSC’s Tuapse refinery near the Black Sea have been damaged by the attacks – both completely halted in late Jan.


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Russian refinery rates have fallen to a near two-month low following Ukrainian drone strikes according to a Bloomberg source.

  • Russia processed 5.41 mn bpd in the seven days through Jan. 31, the first full week showing the impact of Ukraine’s attacks. Its runs are 135,000 bpd below the average for most of December, according to Bloomberg calculations.
  • Average Russian refinery processing in January was slightly higher than in the last week of the month, at 5.48mn bpd.
  • The January average was about 60kbd lower than December.
  • Novatek PJSC’s condensate processing plant on the Baltic coast and Rosneft PJSC’s Tuapse refinery near the Black Sea have been damaged by the attacks – both completely halted in late Jan.


Keep reading...Show less