Saudi Arabia shuts down half its oil production after drones attack
By PTI |
Dubai, Sep 15: Yemen’s Houthi rebels launched drone attacks on the world’s largest oil processing facility in Saudi Arabia and a major oil field Saturday, sparking huge fires and halting about half of the supplies from the world’s largest exporter of oil.
The attacks were the latest of many drone assaults on the kingdom’s oil infrastructure in recent weeks, but easily the most damaging. They raise concerns about the global oil supply and likely will further increase tensions across the Persian Gulf amid an escalating crisis between the U.S. and Iran over its unraveling nuclear deal with world powers.
The attacks resulted in “the temporary suspension of production operations” at the Abqaiq oil processing facility and the Khurais oil field, Energy Minister Prince Abdulaziz bin Salman said in a statement carried by the state-run Saudi Press Agency. The fires “were controlled,” the statement said, and no workers were injured.
The fires led to the interruption of an estimated 5.7 million barrels in crude supplies, according to the statement, which said part of that would be offset with stockpiles. The statement said Saudi Aramco, the state-owned oil giant, would provide updated information in the next 48 hours.