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Russia’s key Black Sea oil terminal caught fire following an overnight drone attack, according to satellite images from NASA.
Monday satellite images from NASA’s Fire Information for Resource Management System show fresh blazes in the Novorossiysk port area, where Transneft PJSC’s Sheskharis terminal is located.
State-run oil-pipeline operator Transneft did not immediately respond to a Bloomberg request for a comment on the current situation in Sheskharis.
In the overnight drone attack on the port city of Novorossiysk, eight houses were damaged, regional governor Veniamin Kondratiev said in a statement on Telegram. Drone debris was detected on the territory of several industrial facilities, he said, providing no details.
Also Read: Iran, US weigh ceasefire plan that could reopen Strait of Hormuz
Novorossiysk is Russia’s largest port on the Black Sea, hosting multiple facilities for commodity and general cargo exports. In early March, Ukrainian drone strikes caused a halt in Novorossiysk oil loadings.
The administration in Kyiv aims to reduce the Kremlin’s ability to export oil and reap windfall profits from a global crude price hike, driven by the war in the Middle East. Last month, Ukrainian drones damaged oil facilities in Primorsk and Ust-Luga, Russia’s key ports on the Baltic coast. Moscow in turn has been attacking power, gas and railway infrastructure in Ukraine.
The relentless drone strikes on oil ports reduced Russia’s seaborne exports in March to the lowest in two months, according to Bloomberg calculations. The slump comes as the ongoing war in the Middle East has triggered an unprecedented oil-supply shock across the world.
Monday satellite images from NASA’s Fire Information for Resource Management System show fresh blazes in the Novorossiysk port area, where Transneft PJSC’s Sheskharis terminal is located.
State-run oil-pipeline operator Transneft did not immediately respond to a Bloomberg request for a comment on the current situation in Sheskharis.
In the overnight drone attack on the port city of Novorossiysk, eight houses were damaged, regional governor Veniamin Kondratiev said in a statement on Telegram. Drone debris was detected on the territory of several industrial facilities, he said, providing no details.
Also Read: Iran, US weigh ceasefire plan that could reopen Strait of Hormuz
Novorossiysk is Russia’s largest port on the Black Sea, hosting multiple facilities for commodity and general cargo exports. In early March, Ukrainian drone strikes caused a halt in Novorossiysk oil loadings.
The administration in Kyiv aims to reduce the Kremlin’s ability to export oil and reap windfall profits from a global crude price hike, driven by the war in the Middle East. Last month, Ukrainian drones damaged oil facilities in Primorsk and Ust-Luga, Russia’s key ports on the Baltic coast. Moscow in turn has been attacking power, gas and railway infrastructure in Ukraine.
The relentless drone strikes on oil ports reduced Russia’s seaborne exports in March to the lowest in two months, according to Bloomberg calculations. The slump comes as the ongoing war in the Middle East has triggered an unprecedented oil-supply shock across the world.
