MOSCOW, Jan 23 (Reuters) - The Baltic Sea port of Ust-Luga was exporting crude oil and fuel on Tuesday apart from at Novatek's (NVTK.MM)
, opens new tab terminal which remained closed after being damaged by fire, according to data from LSEG and industry sources.
Novatek said on Sunday it had been forced to suspend some operations at the huge Baltic Sea fuel export terminal and "technological processes" at its fuel-producing complex due to a fire, started by what Ukrainian media said was a drone attack.
Analysts believe it will take weeks to restart large-scale operations at the complex and the terminal.
The giant port of Ust-Luga, located on the Gulf of Finland about 170 km (110 miles) west of St. Petersburg, ships a wide range of goods, including oil and gas products, to international markets.
Its facilities include one terminal for crude oil exports and three terminals for handling fuel shipments, including Novatek's terminal.
According to LSEG data, 5.2 million tons of naphtha were shipped to Asia in 2023 from the port of Ust-Luga, of which 2.8 million tons originated from Novatek's terminal.
March 9 BY PATRICK HYNES: Germany, which just appointed the head of Greenpeace as its climate czar, has been the world’s most ambitious adopter of this radical approach. Patrick Hynes is the editorial associate with the American Conservation Coalition and a commentator with Young Voices. He also serves as the chair of the Libertarian Party of Washington, D.C.
Greenpeace Sverige: Rysslands krig mot Ukraina har satt fart på debatten om beroendet av fossila bränslen och behovet av en grön omställning i Europa. Här ger vi svar på fem frågor om energiförsörjning i skenet av kriget.
A new tracking service launched by Greenpeace UK has identified at least 148 supertankers carrying oil and gas from Russia since the start of Putin's invasion of Ukraine
8 december 2011. Carl Bildt på väg till NATO-konferens om Afghanistan och till följande konferens om nätfrihet. Idag 20 år sedan Belavezha-avtalen om Sovjetunionens upplösning. Assyrisk kommentar till bliogginlägget om oljan i Nineveslätten.
Tyler Durden on 07/28/2014 As The FT reports confirming our earlier comments: The award is a landmark not just for its size – 20 times the previous record for an arbitration ruling. The tribunal also found definitively that Russia’s pursuit of Yukos and its independently-minded main shareholder, Mikhail Khodorkovsky, a decade ago was politically motivated. ... Though Russia cannot appeal against the award, Moscow said it would pursue all legal avenues for trying to get it “set aside”. Even if the ruling stands, shareholders face a tortuous battle trying to enforce it. If Moscow refuses to pay, they must pursue Russian sovereign commercial assets in the 150 countries that are party to the so-called 1958 New York Convention on enforcing arbitration awards. But perhaps this explains why Putin is not coming out swinging, as The FT concludes, One person close to Mr Putin said the Yukos ruling was insignificant in light of the bigger geopolitical stand-off over Ukraine. “There is a war coming in Europe,” he said. “Do you really think this matters?”
Paul Craig Roberts via Ria Novosti: "The new sanctions announced by Washington and Europe don’t seem to make much sense. I would be surprised if Russian oil and military industries were dependent on European capital markets in a meaningful way. The Russian companies should be able to secure adequate financing from Russian Banks or from the Russian government. If foreign loans are needed, Russia can borrow from China."