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Key Russian oil hub resumes operations after Ukrainian drone attack, Bloomberg reports

Key Russian oil hub resumes operations after Ukrainian drone attack, Bloomberg reports Photo: the port of Primorsk in Russia resumed operations after a Ukrainian drone attack (wikipedia.org)

The port of Primorsk in the Leningrad region, a key hub for Russian oil exports, has resumed operations following a Ukrainian drone attack on September 12, Bloomberg reports.

According to ship-tracking data, two oil tankers — Walrus and Samos — completed loading at the port of Primorsk over the past weekend.

It is noted that the Walrus has already left the port, while the Samos remains at anchor with cargo destined for Türkiye. A third tanker, Jagger, is moored at the oil terminal.

The outlet recalled that as a result of the Ukrainian drone attack on the port of Primorsk, three pumping stations transporting oil to Ust-Luga were damaged. Oil shipments at the port itself were temporarily halted.

Primorsk hosts Russia’s largest oil terminal on the Baltic Sea, from which 970,000 barrels of Urals crude per day were shipped in August.

Attack on the port of Primorsk

Recall that on the night of September 12, SBU drones struck Russia’s largest oil-loading port on the Baltic Sea — Primorsk. Fires broke out at the port and at a pumping station, and oil shipments were suspended.

Estimated daily losses to the Russian budget from the halt in exports could reach up to $41 million.

Primorsk is a key hub for loading Russia’s shadow fleet, which allows the country to bypass international sanctions and sell oil on external markets. Around 60 million tons of oil pass through the port each year, generating approximately $15 billion for Russia.