Major Lukoil Refinery Halts Oil Intake After Ukraine Strike

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Lukoil PJSC’s major Volgograd refinery has halted oil intake following one of the latest in a series of Ukrainian drone strikes on Russian energy assets, said a person familiar with the matter, who asked not to be named discussing non-public information. 

Falling debris from a UAV attack on Thursday led oil-products spills to catch fire on the facility, among the 10 largest in Russia, and it took around 19 hours to extinguish the blaze, according to the regional administration. 

Ukraine has intensified strikes on Russia’s energy infrastructure in the past week as Vladimir Putin and Donald Trump are set to meet in Alaska on Friday to discuss a potential ceasefire. 

Lukoil didn’t immediately respond to a Bloomberg request for comment. 

The Volgograd refinery, which was attacked several times early this year, has a design capacity to process around 300,000 barrels a day of crude and supplies oil products mainly to southern regions of Russia, with some volumes also shipped for exports. 

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