Novatek Likely to Resume Large-Scale Operations Within Weeks of Attack
On Sunday, the Russian energy company Novatek was forced to suspend its operations at Ust-Luga following a fire started by a drone attack, according to Ukrainian media.
The suspension is disrupting naphtha flows to Asia, which is driving up naphtha prices and refining margins in Asia.
That is reported by Reuters.
Analysts now say that "the plant is likely to return to significant capacity within weeks or, at worst, months."