Strikes On Russian Refineries: Ukraine Set A Record
- 30.12.2025, 23:56
There were at least 24 attacks on Russian oil and gas facilities over the month.
In December, Ukraine launched a record number of strikes on Russian energy infrastructure since the start of full-scale war. According to Bloomberg calculations based on public statements by the parties, there were at least 24 attacks on Russian oil and gas facilities during the month. This is the highest monthly total, surpassing the previous record set in November (23 attacks). The targets of the strikes this month included 10 oil refineries, 11 offshore infrastructure facilities, two tankers and one facility of a major pipeline system.
The agency notes that such attacks increase pressure on Russia's energy exports, which are already struggling due to international sanctions. While Russia continues to supply significant volumes of oil to the foreign market, the inflow of oil and gas revenues - a key source of funding for the war - is shrinking. The government estimates that the share of oil and gas revenues in this year's budget may fall to 23%, which would be the lowest in the history of observation, Bloomberg writes.
Special attention in December Kiev paid to maritime infrastructure. During the month, the agency recalls, Lukoil's oil and gas fields in the Caspian Sea were repeatedly attacked, as well as the ports of Taman and Rostov, where several tankers caught fire as a result of the strikes. Ukraine also continued to hit Russia's "shadow fleet" and for the first time used Storm Shadow air-launched cruise missiles to strike a refinery, attacking a facility in Novoshakhtinsk.
The intensification of the strikes comes amid an already noticeable slump in Russian oil refining. As Reuters previously reported citing a source familiar with industry statistics, last year, due to drone attacks, oil refining volumes in Russia fell to a 12-year low of 266 million tons, and by the end of this year, according to the agency's estimates, will remain at about the same level. In January-October, refinery output fell by 3% to 5.2 million barrels per day.
According to Reuters, in the first half of the year, Rosneft's profit fell threefold, Lukoil's - twice, and Surgutneftegaz became unprofitable. Oil and gas revenues of the federal budget for January-November fell by 21%, and December's revenues may become the lowest since August 2020, according to Reuters calculations.
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