Russia suspends operations at fuel export terminal after suspected Ukrainian drone attack

Russia suspends operations at fuel export terminal after suspected Ukrainian drone attack
# 21 January 2024 22:11 (UTC +04:00)

Russian energy company Novatek (NVTK.MM), opens new tab said on Sunday it had been forced to suspend some operations at a huge Baltic Sea fuel export terminal due to a fire started by what Ukrainian media said was a drone attack, APA reports.

The giant Ust-Luga complex, located on the Gulf of Finland about 170 km (110 miles) west of St. Petersburg, is used to ship oil and gas products to international markets. It processes stable gas condensate - a type of light oil - into light and heavy naphtha, kerosene and diesel to be shipped by sea.

It was not clear how long the disruption would last, how many tankers would have to idle outside the port, and what the knock-on effect would be on international energy markets.

The Interfax-Ukraine news agency, citing unnamed sources, said the fire was the result of a special operation carried out by Ukraine's security services.
"The Ust-Luga Oil terminal in the Leningrad region is an important facility for the enemy. Fuel is refined there, which, among other things, is also supplied to Russian troops," it cited one source as saying.

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THE OPERATION IS BEING PERFORMED