OUCH: Russia’s seaborne fuel exports sank 17% in September after drone attacks.
Russia’s seaborne oil product exports fell 17.1% in September from August to 7.58 million metric tons due to less fuel production as various refineries were impacted by drone attacks, data from industry sources and Reuters calculations showed.
Several major refineries were attacked by drones in August and September, including Surgutneftegaz’s Kirishinefteorgsintez refinery, Lukoil’s Volgograd refinery and Rosneft’s Samara group of refineries.
The resulting unplanned outages at a number of key refineries curtailed fuel exports and drove up crude oil shipments, market sources said.
Not bad, considering Ukraine’s strikes on Russian refineries only began in earnest around mid-August.
If anything can get Putin to the negotiating table, maybe it’s a loss of energy revenue.