Reuters: 40% of Russian oil export capacity is out of commission

At least 40% of Russia’s capacity to supply oil abroad (2 million barrels per day) is temporarily disabled as a result of Ukrainian attacks and the detention of tankers from the Russian “shadow fleet,” Reuters estimates .

“This is the most serious disruption to oil supplies in modern Russian history, and it comes just as oil prices exceeded $100 a barrel due to the [US and Israeli] war with Iran,” Reuters noted.

The agency considers oil shipments through both export ports on the Baltic Sea - in Primorsk and Ust-Luga - to be interrupted. At Novorossiysk, an export port on the Black Sea, shipments are said to be below target. All three ports were attacked by Ukrainian UAVs in March.

Also, the supply of oil through the Druzhba oil pipeline, which was stopped at the end of January, has not yet been resumed . Kyiv said the oil pipeline was damaged due to Russian strikes.

In addition, detentions of Russian “shadow fleet” tankers in Europe have recently become more frequent . This disrupted 300,000 barrels of oil supplies per day from Murmansk, oil traders told Reuters.

According to the agency, supplies to China (about 1.9 million barrels of oil per day) and Belarus (about 300 thousand barrels per day), as well as shipments from the Sakhalin-1 and Sakhalin-2 oil projects (about 250 thousand barrels per day), remain uninterrupted.