Ukrainian drones attacked a Lukoil oil refinery in the Krasnoarmeysky District, Volgograd region in Russia. UP reports the involvement of Ukrainian SBU. It is reported that this refinery is the largest producer of petroleum products in the Southern Federal District of Russia.
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An oil depot was attacked in Volgograd. This is the third strike on such objects over the past two weeks.
Last night, was attacked the LUKOIL-Volgogradneftepererabotka oil refinery by enemy drones. According to our information, one of the drones hit a large oil storage tank. This is what led to a large-scale fire that took several hours to put out.
However, there was a second drone, which, unfortunately, also flew to the oil depot. He damaged the pumping station. Our interlocutors note that the work of the oil depot will be paralyzed for some time.
Perhaps we are even talking about weeks, but it is still difficult to make any forecasts on the recovery time frame. There is no information about dead or injured yet; sources say that two employees of the oil depot are still considered missing.
This creates problems for our army, because the Lukoil oil depot in Volgograd was used to supply fuel to our military in the Northern Military District zone and beyond.
In general, this is not the first attack on oil refining-related facilities. Two weeks ago, a drone attacked a gas terminal in Ust-Luga, Leningrad region. A week ago, the Tuapse oil refinery came under attack.
The alarming thing is that Ukrainian drones, alas, reach their targets. And they fly further and further from the combat zone. It is also obvious that they have changed tactics and are striking specifically at oil refining facilities. Unfortunately, air defense systems do not always cope with such attacks.
“Ukrainian drones attacked a Lukoil oil refinery”
Going after refineries, and refined products export facilities, rather than crude oil production and crude oil export facilities, is a good call.
It hurts Russian revenues more, has little effect on global oil prices, and will impact price and availability of the products that people need to use within Russia (like gasoline, diesel and heating fuel) more.
Refined products have much higher profit margins than crude, and accounted for the majority of total Russian oil-related profits.
Russia has 44 mega refineries. Those 44 targets have an outsized impact on Russia’s economy and Government revenues.