Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict

Russia has attacked and destroyed a key oil refinery and the surrounding fuel and lubricants depots in the central Poltava region, crippling Ukraine’s ‘critical infrastructure’, reported Reuters.

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The Russian Defence Ministry was cited by Agence France-Presse (AFP) as saying that high-precision sea and air missiles were used to ‘destroy’ the Kremenchuk oil refinery, and three fuel and lubricants storage facilities, near the city of Odesa.

Said to be Ukraine’s only fully functioning oil refinery, the Kremenchuk facility was used by the country to supply its troops deployed near the city of Mykolaiv.

Poltava Region Governor Dmytro Lunin was quoted by Reuters as saying, on television: “The fire at the refinery has been extinguished, but the facility has been completely destroyed and can no longer function.”

According to Reuters, the attack on the refinery, which processed 3.2 million tonnes of oil in 2021, could “prove a blow” to the defence effort of Ukraine.

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In the wake of Russia’s military war against Ukraine, Lithuania has decided to stop Russian gas imports to meet its domestic needs, from this month, reported Reuters, citing the country’s energy ministry.

Lithuanian President Gitanas Nauseda tweeted “From this month on, no more Russian gas in Lithuania.”

“If we can do it, the rest of Europe can do it too.”

To meet domestic consumption, Lithuania plans to import natural gas via the LNG import terminal in the port of Klaipeda.