Russia's fourth-largest oil refinery, the Lukoil-owned Norsi plant halted crude processing after a Ukrainian drone attack damaged key processing units, leaving all major domestic refineries owned by Lukoil completely offline, according to a Reuters report on Wednesday.
The shutdown leaves all major domestic refineries owned by Lukoil offline, following earlier drone-induced suspensions at the Perm and Volgograd plants, according to the report.
The facility boasts an annual capacity of roughly 15 million metric tons of crude, making its indefinite outage a severe blow to Russia's refined fuel outpu, the report added.
has reached out to both Lukoil and Ukrainian authorities for comments.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)