According to commodity trading major Guvnor, Ukrainian drone attacks on Russian refineries have taken out as much as 600,000 barrels in daily processing capacity.
Ukrainian drone attacks on Russian refineries have taken out as much as 600,000 barrels in daily processing capacity, according to commodity trading major Gunvor. “It is significant because obviously this is gonna hit the distillate exports straight away,” Gunvor chief executive Torbjörn Törnqvist told Bloomberg on the sidelines of CERAWeek. “So that will probably take down exports by a couple of hundred thousand barrels, so to me it’s a distillate problem,” the executive added.
The Ukraine has carried out a string of refinery attacks using drones in the past few weeks, damaging several processing facilities in different Russian regions. These have resulted in lower refining capacity for the second quarter, and will combine with seasonal refinery maintenance to reduce fuel output in the world’s largest fuel exporter.
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