Renewed refinery attacks deplete Russian diesel supply as US deal in focus
The attacks mark the end of a temporary pause in strikes, with Russia’s Ryazan and Yaroslavl oil refineries reportedly targeted this week.
A satellite image shows an overview of oil refinery in Ryazan, Russia, Jul 28, 2024. (Photo: REUTERS/Maxar Technologies)
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LONDON: Ukraine’s renewed attacks on Russian oil refineries add to Moscow’s difficulty in addressing domestic fuel shortages while it ships diesel to international markets under an export deal with US President Donald Trump.
The Ryazan oil refinery, one of Russia’s largest, appeared to have come under attack as part of a large drone strike overnight on industrial sites in the city, southeast of Moscow, according to a Reuters video analysis.
If confirmed, it would be the second refinery to be hit this week following an attack on the Yaroslavl plant, northeast of Moscow, overnight on Monday (Nov 2), marking the breakdown of a pause in strikes.
Ukraine’s strikes on oil refineries this year forced large amounts of processing capacity in western Russia offline, causing fuel shortages that meant Moscow had to enforce fuel export bans from April onwards.
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A ban on diesel exports has been lifted in part and the US struck the deal in October with the Kremlin to resume diesel exports to international markets when Trump was seeking to calm diesel prices ahead of the midterm elections on Nov 3, which Trump’s Republican Party lost.
The city of Ryazan had restored power supply earlier on Thursday as fires at the unnamed industrial sites were either contained or put out, the local governor said on social media.
US-RUSSIA DIESEL CARGOES ARE IN FOCUS
At least six Russian diesel cargoes have broadcast that they plan transatlantic voyages, shipping data from Kpler and LSEG show, while two cargoes appeared to have changed course after being previously bound for the US Atlantic coast.
No Russian diesel cargo has arrived in the US since the deal, the data show.
The first observed US-bound Russian shipment is expected to arrive in New York this weekend, but regulatory, legislative and sanctions concerns mean that its discharge is not guaranteed, Kpler analyst Matt Smith said.
“These are commercial loadings, so naturally the details cannot be made public. All the diesel will find its buyers,” Kremlin spokesman Dmitry Peskov told reporters on a daily conference call.
Tankers often broadcast messages known as signals, such as “ATLANTIC COAST FOR ORDERS,” indicating they are heading for the US Atlantic coast but have no confirmed discharge port, so the crew is awaiting instructions.
Kremlin envoy Kirill Dmitriev said Russian diesel cargoes destined for the US are continuing on course, in a post on X.
There is no connection between diesel tankers changing course and the result of the US midterm elections, Peskov added.
Source: Reuters/fs
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