Published by Global Banking & Finance Review®
Posted on February 19, 2025
2 min readLast updated: January 26, 2026
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Putin accuses Western allies of aiding Ukraine's drone attack on CPC, impacting global energy markets and complicating restoration efforts.
MOSCOW (Reuters) - Russian President Vladimir Putin suggested on Wednesday that a Ukrainian drone attack on the Caspian Pipeline Consortium (CPC) pumping station in southern Russia might have been coordinated with its Western allies.
Putin said that he believed Ukraine could not have organised such an attack on its own and was likely provided with Western intelligence.
"Attacks of this kind are impossible without space reconnaissance. Ukraine receives high-precision data on the targets only from its Western allies," Putin said.
A drone strike hit a pumping station on the oil pipeline in Russia on Monday, reducing flows from Kazakhstan to world markets pumped by Western firms including Chevron and Exxon Mobil.
Putin said the incident would affect global energy markets and that restoring the facility quickly would be challenging.
"The strike on such a facility... would have an impact on the world's energy markets. First of all because unfortunately it is impossible to quickly restore this facility due to the fact that Western equipment is present there, and Western equipment has been damaged," Putin said, mentioning the Western sanctions prohibiting the supply of oil and gas equipment.
(Reporting by Marina Bobrova; Writing by Maxim Rodionov; Editing by Toby Chopra and Hugh Lawson)
Putin suggested that Ukraine could not have organized the drone attack on the CPC pumping station on its own and likely received assistance from Western intelligence.
The drone strike hit a pumping station on the CPC oil pipeline, which reduced flows from Kazakhstan to world markets, impacting companies like Chevron and Exxon Mobil.
Putin indicated that the attack would affect global energy markets, noting that restoring the damaged facility would be challenging and time-consuming.
Putin claimed that Ukraine receives high-precision data on targets only from its Western allies, implying that such attacks require advanced reconnaissance.
The drone strike occurred on Monday, targeting a pumping station on the oil pipeline in southern Russia.
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