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Exclusive-Russia's western port oil exports up 25% after drone attacks
Published by Global Banking & Finance Review®
Posted on October 1, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 1, 2025
2 min readLast updated: January 21, 2026
Russia's oil exports from western ports rose 25% in September despite Ukrainian drone attacks, maintaining crude production plans.
MOSCOW (Reuters) -Russia boosted oil exports via its western ports by 25% in September versus August, according to three trading sources, as refinery outages caused by Ukrainian drone attacks freed up more crude.
September exports via the western ports of Primorsk, Ust-Luga and Novorossiisk rose to 2.5 million barrels per day (bpd), the sources said.
Ukraine has stepped up its drone attacks on refineries and export pipelines, causing shortages in Russia of some fuels.
Authorities have responded with plans to curb exports of gasoline and diesel.
Russian pipeline monopoly Transneft has warned oil producers they may have to cut output due to the attacks, industry sources said in September.
For now, higher exports are allowing Russia to stick to its crude oil production plans.
Daily loadings of Urals, KEBCO and Siberian Light grades at Primorsk, Ust-Luga and Novorossiisk in September jumped by 500,000 barrels per day (bpd), up 25% from August, Reuters estimates showed.
Oil loadings were raised by 600,000 bpd versus initial plans, traders said.
Refinery outages in September surpassed August’s record high levels and were roughly 1.5 times higher than the same month last year, one trader citing preliminary refining data said.
Exports rose despite drone attacks on the top export ports of Primorsk and Novorossiisk, which briefly suspended loadings, and on the Transneft pipeline system in August and September.
(Reporting by Reuters; editing by Guy Faulconbridge and Jason Neely)
Oil export refers to the process of selling crude oil or refined oil products to foreign countries. It is a significant source of revenue for oil-producing nations.
Refinery outages occur when oil refineries are temporarily shut down due to maintenance, accidents, or external attacks, affecting the production of refined oil products.
Crude oil production is the extraction of crude oil from the ground, which is then refined into various petroleum products such as gasoline and diesel.
Transneft is the Russian state-owned company responsible for the transportation of oil and oil products through pipelines across Russia.
Oil exports are crucial for Russia's economy as they contribute significantly to national revenue, foreign exchange reserves, and overall economic stability.
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