Novatek's Ust-Luga repairs could take months, sources say
MOSCOW/SINGAPORE/HOUSTON, Aug 28 (Reuters) - Russian energy company Novatek's NVTK.MM repairs to damage caused by a fire at its complex in the Baltic port of Ust-Luga are likely to take several months, four market sources said on Thursday.
Debris from a destroyed Ukrainian drone started the fire at Novatek's Ust-Luga terminal early on August 24, the regional governor said on Telegram.
Operations at the complex, including fuel loadings, were fully shut on Sunday, Reuters sources added.
Novatek did not immediately reply to a request for comment.
The Ust-Luga complex has three processing units with a capacity of 3 million metric tons a year each and refines stable gas condensate into light and heavy naphtha, jet fuel, ship fuel component (fuel oil) and gasoil.
The complex also allows transshipment of stable gas condensate for exports.
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