Pipeline Disruption Adds Risk Premium to Russian Crude
- Transneft reported a roughly 250,000 bpd intake cut after damage at the Kaleykino pumping station in Tatarstan caused by a drone attack from Ukraine's State Security Service on Feb. 23.
- Amid an existing Druzhba outage since late January, Kyiv's drone strike on Kaleykino prompted industry sources to say Transneft cut crude intake by about 250,000 bpd, with Kyiv citing energy assets as funding Moscow's war.
- Kaleykino pumping station, a key hub mixing crude into the Urals export grade, suffered fires in two 50,000-metric-ton storage tanks with damage still undetermined.
- The 250,000 bpd intake reduction tightens options for redirecting barrels amid halted southern flows, as upstream producers may cut output or divert crude into storage and refineries in Hungary and Slovakia could face supply impacts.
- Transneft's outsized role makes the cut systemically significant as it handles more than 80% of Russia's oil exports, while UK sanctions and Budapest blocking a 90 billion euro EU loan complicate recovery.
11 Articles
11 Articles
A Ukrainian drone attack on a pumping station forces Russia's economy to cut drastically. Oil exports fall by 250,000 barrels a day.
The attack was aimed at a factory. An attack by Ukrainian drones at a factory in the Russian region of Smolensk (west) made Wednesday at least four...
Fire rages for second day at Tatarstan oil pumping station after reported Ukrainian drone strike
Ukrainian drones have struck a Russian strategic oil pumping station more than 1,000 kilometers from the border, igniting a massive blaze that continued into a second day, according to local reports. The fire erupted at the Kaleykino oil pumping station near the village of the same name in Russia’s Republic of Tatarstan—an installation considered a critical node in the country’s oil infrastructure. The blaze began after a series of explosions ov…
Russia's oil pipeline monopoly Transneft has cut crude intake into its system by some 250,000 barrels per day after a Ukrainian drone attack on its Kaleykino pumping station on Monday, two sources familiar with the situation said on Tuesday.
Transneft in Russia reduced oil production by 250,000 barrels per day after attack on station in TatarstanRussian oil monopoly Transneft has reduced crude oil intake by 250,000 barrels per day after a drone strike on the Kaleykino pumping station in Tatarstan. This threatens the stability of export supplies through the Druzhba oil pipeline and affects Russian budget revenues.
According to media reports, Moscow has significantly reduced the amount of crude oil fed into the system after a Ukrainian drone attack on a key Russian oil transportation hub on Monday. The outage could also affect shipments to Hungary via the Friendship pipeline, further increasing supply uncertainty in the region.
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