Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Russia’s Rosneft diverts oil to Tuapse refinery from drone-hit Novorossiysk port, sources say
    Finance

    Russia’s Rosneft Diverts Oil to Tuapse Refinery From Drone-Hit Novorossiysk Port, Sources Say

    Published by Global Banking & Finance Review®

    Posted on April 13, 2026

    3 min read

    Last updated: April 13, 2026

    Add as preferred source on Google
    Russia’s Rosneft diverts oil to Tuapse refinery from drone-hit Novorossiysk port, sources say - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:FinanceBankingMarkets

    Quick Summary

    Rosneft is rerouting oil intended for export via Novorossiysk—where the Sheskharis terminal was severely damaged in a drone strike—to its nearby Tuapse refinery, increasing processing from ~500–600 kt to nearly 800 kt this month amid broader export disruptions.

    Rosneft Shifts Oil Supplies to Tuapse Refinery After Novorossiysk Attack

    Impact of Novorossiysk Attack on Russian Oil Exports

    Rosneft's Response and Supply Diversion

    April 13 (Reuters) - Rosneft is diverting oil supplies to the Tuapse refinery from the Black Sea port of Novorossiysk after the terminal, which handles roughly 14% of Russia's crude exports, was heavily damaged in a drone attack, three sources said on Monday.

    A Ukrainian drone attack sparked a large fire at the Sheskharis oil terminal in the Novorossiysk port last week, damaging two of its main berths and forcing oil exports from the port to halt, according to the sources, who were familiar with the matter but were not authorised to speak to the media.

    Challenges to Russia's Energy Infrastructure

    The development underscores Russia's challenges in exporting oil as the rising number of Ukrainian drone attacks deals damage to its energy infrastructure, putting additional pressure on the Russian pipeline system and increasing the risk of disruptions to crude oil output.

    Increased Runs at Tuapse Refinery

    Russian oil producer Rosneft, one of the country's largest exporters shipping crude via Novorossiysk, diverted a significant volume of oil to its Tuapse refinery, two of the sources said.

    Expected Refinery Output

    Runs at the refinery, which is located close to the Novorossiysk port, are expected to increase to nearly 800,000 metric tons this month, they added, from usual 500,000-600,000 tons per month.

    Tuapse processed about 500,000 tons in March, the sources said. The refinery is focused on fuel exports and ramping up its capacity makes sense amid higher margins, they added. 

    Rosneft did not respond to a request for comment.

    Alternative Export Routes and Market Adjustments

    Other exporters transporting oil via the port have begun diverting crude volumes to alternative destinations, including other export routes and domestic refineries, the sources added, saying they do not expect a quick resolution.

    Redirection to Baltic Ports and Domestic Market

    They are likely to redirect oil to Baltic ports that have resumed loadings after the attacks or also to the domestic market, the sources said.

    Current Status of Novorossiysk Port Operations

    Novorossiysk, which can export about 700,000 barrels per day (bpd) of crude, resumed nL6N40T0MI limited oil loadings last week, but traders said the flows were minimal and the port was not operating anywhere near full capacity.

    The loadings resumed for berth number two, which accommodates smaller tankers, while the two main oil export berths remained shut.

    Moscow's Efforts to Offset Export Losses

    Moscow ramped up nL8N40T0U4 oil loadings in early April and exported more crude on average than in March, Reuters reported last week, helping to offset part of the losses caused by disruptions in the Black Sea.

    (Reporting by Reuters; Editing by Janane Venkatraman)

    References

    • Russian attacks kill 4 as Ukraine drones target oil infrastructure
    • Rosneft refinery in Tuapse resumes processing 3 months after Ukrainian UAV strike | Ukrainska Pravda
    • Ukraine strikes Russia's lifeblood by targeting oil ports

    Table of Contents

    • Impact of Novorossiysk Attack on Russian Oil Exports

    Key Takeaways

    • •The Ukrainian drone attack on Novorossiysk’s Sheskharis terminal has disrupted roughly 14% of Russia’s crude export capacity, prompting Rosneft to shift volumes to Tuapse  refinery (apnews.com).
    • •Tuapse refinery runs are rising sharply—from around 500–600 kt in recent months to nearly 800 kt in April—to absorb diverted crude and capitalize on stronger export margins (pravda.com.ua).

    Frequently Asked Questions about Russia’s Rosneft diverts oil to Tuapse refinery from drone-hit Novorossiysk port, sources say

    1Why did Rosneft divert oil supplies from Novorossiysk port?

    Rosneft diverted oil supplies after the Novorossiysk port was heavily damaged in a Ukrainian drone attack, halting major crude exports.

    2How much oil does the Novorossiysk port handle?

    Novorossiysk port handles roughly 14% of Russia's crude exports, with an export capacity of about 700,000 barrels per day.

  • Rosneft's Response and Supply Diversion
  • Challenges to Russia's Energy Infrastructure
  • Increased Runs at Tuapse Refinery
  • Expected Refinery Output
  • Alternative Export Routes and Market Adjustments
  • Redirection to Baltic Ports and Domestic Market
  • Current Status of Novorossiysk Port Operations
  • Moscow's Efforts to Offset Export Losses
  • •Other exporters are redirecting crude to Baltic ports and inland refineries, highlighting heightened strain on Russia’s Black Sea export routes and increasing reliance on pipeline and domestic alternatives (lemonde.fr).
  • 3What is the expected output at the Tuapse refinery after the diversion?

    The Tuapse refinery is expected to increase runs to nearly 800,000 metric tons this month, up from the usual 500,000-600,000 tons.

    4What are the alternative routes for oil exports due to the port disruption?

    Exporters are diverting crude to Baltic ports that have resumed loadings and to the domestic market, as the main Novorossiysk berths remain shut.

    5Did Rosneft respond to requests for comments about the oil diversion?

    No, Rosneft did not respond to a request for comment regarding the diversion of oil to the Tuapse refinery.

    More from Finance

    Explore more articles in the Finance category

    Image for Exclusive-Manulife Investment Management eyes Cellnex Swiss business, sources say
    Exclusive-Manulife Investment Management Eyes Cellnex Swiss Business, Sources Say
    Image for EU Commission raids chocolate confectionery company on suspected antitrust breach
    EU Commission Raids Chocolate Confectionery Company on Suspected Antitrust Breach
    Image for China's Sinochem says may appeal to court over Italy's curbs on its Pirelli stake
    China's Sinochem Says May Appeal to Court Over Italy's Curbs on Its Pirelli Stake
    Image for Oil prices jump 6% to above $100 a barrel on US blockade of Iran
    Oil Prices Jump 6% to Above $100 a Barrel on US Blockade of Iran
    Image for Lufthansa cabin crew union calls for strike on Wednesday and Thursday
    Lufthansa Cabin Crew Union Calls for Strike on Wednesday and Thursday
    Image for EU launches operations of critical minerals procurement platform
    EU Launches Operations of Critical Minerals Procurement Platform
    Image for Chevron, Shell to sign agreements for oil, gas areas in Venezuela, sources say
    Chevron, Shell to Sign Agreements for Oil, Gas Areas in Venezuela, Sources Say
    Image for Factbox-Emerging economies in focus at IMF World Bank meetings
    Factbox-Emerging Economies in Focus at IMF World Bank Meetings
    Image for Meta poised to surpass Google in digital ad revenue for first time, report says
    Meta Poised to Surpass Google in Digital Ad Revenue for First Time, Report Says
    Image for Best International Recruitment Agency 2026: Nominations Open
    Best International Recruitment Agency 2026: Nominations Open
    Image for LVMH flags sales impact of Iran war in blow to hopes for luxury revival
    Lvmh Flags Sales Impact of Iran War in Blow to Hopes for Luxury Revival
    Image for Nominations Open for Best Insurance Recruitment Agency 2026
    Nominations Open for Best Insurance Recruitment Agency 2026
    View All Finance Posts
    Previous Finance PostHorse racing-I Am Maximus Grand National Victory Costs British Bookmakers Dear
    Next Finance PostHundreds of Flights Cancelled as Lufthansa Pilots Go on Strike Again