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Market Chatter: Lukoil's Perm Refinery Faces 2nd Unit Outage After Ukraine Drone Strike

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A Ukrainian drone strike on Friday forced Lukoil's Perm refinery to suspend operations after the attack ignited a fire and damaged processing equipment, Reuters reported Monday, citing two industry sources.

The CDU-4 unit can process 14,000 metric tons of oil daily and accounts for almost 40% of capacity, while preliminary estimates put repairs at one to two weeks, sources said.

Ukrainian President Volodymyr Zelenskyy said Friday that Ukraine's forces carried out a strike on the Perm refinery, the report said.

Another refining unit, CDU-5, representing 34% of capacity, has remained offline since a July 29 drone strike, according to the report. Lukoil did not immediately reply to' request for comment.

(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.)

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