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Lukoil's Volgograd refinery halts oil processing after drone attacks

Russian oil giant Lukoil's Volgograd refinery has been shut down after being hit by drone attacks, two sources familiar with the matter said on Monday.

Ukraine intensified drone attacks on Russian oil facilities last week (learn more), targeting major refineries and oil depots mainly in southern and central Russia daily ahead of a meeting between U.S. President Donald Trump and Russian President Vladimir Putin.

According to the market sources, the Volgograd refinery was attacked by drones on August 13 and suspended oil processing at crude distillation unit CDU-5, which has a capacity of 9,110 metric tpd. The next drone attack on August 14 damaged two other crude distillation units - CDU-1, with a capacity of 18,590 tpd, and CDU-6, with a capacity of 14,570 tpd, the sources added. A fire at the oil refinery was extinguished on August 14, local authorities said on Thursday evening.

Oil processing at the Volgograd refinery has been halted at least until the middle of September, the sources said. In 2024, the Volgograd refinery processed 13.7 MM metric tons of oil, or 5.1% of the total volume at Russian refineries.

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