S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
Solutions
Capabilities
Delivery Platforms
News & Research
Our Methodology
Methodology & Participation
Reference Tools
Featured Events
S&P Global
S&P Global Offerings
S&P Global
Research & Insights
Solutions
Capabilities
Delivery Platforms
News & Research
Our Methodology
Methodology & Participation
Reference Tools
Featured Events
S&P Global
S&P Global Offerings
S&P Global
Research & Insights
S&P Global Offerings
Featured Topics
Featured Products
Events
Support
Crude Oil, Refined Products, Fuel Oil
December 31, 2024
HIGHLIGHTS
Oil storage facility hit in Yartsevo district
Fuel and lubricant supplies catch fire
10 drones downed over Smolensk region
An overnight drone attack set fire to oil storage facilities in western Russia's Yartsevo district near the border with Belarus, according to local authorities and Russia's defense ministry.
In a statement on Telegram Dec. 31, Smolensk regional governor Vasily Anokhin said that a Ukrainian attack had targeted an oil depot in Yartsevo, triggering a fire at the site after a drone was shot down by Russian air defenses.
"The wreckage of one of the unmanned aerial vehicles fell on the territory of the oil depot. As a result, there was a fuel spill and a fire of fuels and lubricants began," said Anokhin.
In a later statement around midday local time, he said the situation "is under control" after emergency services were deployed at the scene in the early hours of the morning.
According to a statement from Russia's ministry of defense, 10 Ukrainian drones were downed over the Smolensk region overnight. Anhokhin wrote that neighboring regions including Bryansk, Kursk and the Krasnodar territory were also hit, calling the incident part of a "massive attack" on Russian territory.
While previous Ukrainian drone attacks have proven a strike range of up to 1,400 km, oil storage reserves close to the border have remained in a precarious position as attacks have focused on hitting potential fuel supplies for Russia's military.
In the most recent attacks, an oil depot in the Russian village of Stalnoy Kon, Oryol, which sits along the country's Transneft-operated diesel pipeline, was struck repeatedly Dec. 14 and Dec. 22, while a Dec. 11 incident targeted a depot in Byransk, also situated along the pipeline.
A Dec. 18 attack on the 112,000 b/d Novoshakhtinsky refinery has kept authorities alert for larger-scale incidents targeting Russian fuel production capacity, meanwhile, after a lull in drone strikes on some of the country's largest scale facilities that reached their height around May.
Date | Name | Capacity (b/d) | Approximate distance from front line |
31-Dec | Yartsevo depot, Smolensk | - | 300 km |
22-Dec | Stalnoy Kon depot, Oryol | - | 200 km |
19-Dec | Novoshakhtinsky (Yug Rusi) refinery | 112,000 b/d | 200 km |
16-Dec | Stalnoy Kon depot, Oryol | - | 200 km |
25-Nov | Kaluga oil depot | - | 300 km |
12-Nov | Stary Oskol depot, Belgorod | - | 150 km |
08-Nov | Saratov refinery | 135,000 b/d | 600 km |
31-Oct | Svetlograd oil depot, Stavropol | - | 500 km |
31-Oct | Ufaneftekhim refinery | 190,000 b/d | 1,400 km |
14-Oct | Luhansk oil depot | - | 100 km |
07-Oct | Feodosia oil terminal, Crimea | - | 200 km |
04-Oct | Voronezh oil depot | - | 300 km |
Source: local reports, S&P Global Commodity Insights
Gain access to exclusive research, events and more