Suspected drone attack on Russian terminal: Russia halts activities at a fuel export terminal following a suspected drone attack believed to be initiated by Ukraine.

Suspected drone attack on Russian terminal: On January 21, Russian energy company Novatek (NVTK.MM) announced that it had to temporarily halt certain operations at a large Baltic Sea fuel export terminal. The cause was reported as a fire initiated by what Ukrainian media claimed to be a drone attack.

Firefighters are actively engaged in extinguishing a fire at the Novatek terminal located in the port of Ust-Luga, Russia, on January 21, 2024. The information was conveyed through the Telegram channel of Alexander Drozdenko, the Governor of Leningrad Region, via REUTERS.

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Summary: 1. A significant fire occurs at the Baltic export terminal.

2. Novatek, an energy company, temporarily suspends some of its operations in response.

3. Ukrainian media suggests that a drone attack from Ukraine is responsible for the incident.

4. Nearby critical infrastructure is placed on high alert as a precaution.

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The expansive Ust-Luga complex, situated on the Gulf of Finland about 170 km (110 miles) west of St. Petersburg, functions as a hub for transporting oil and gas products to global markets. The facility processes stable gas condensate, a type of light oil, converting it into light and heavy naphtha, kerosene, and diesel for shipment via sea routes.

The duration of the disruption, the number of tankers affected, and the potentia