المملكة: Urgent: Ministry of Energy: Operational operations have stopped in a number of energy facilities as a result of targeting
An official source in the Ministry of Energy stated that vital energy facilities in the Kingdom were recently subjected to multiple targets, including oil and gas production, transportation and refining facilities, petrochemical facilities and the electricity sector in the city of Riyadh, the Eastern Province and Yanbu Industrial City, which resulted in the martyrdom of a citizen of the industrial security personnel of the Saudi Energy Company – may God have mercy on him – and the injury of 7 other citizens of the company’s employees. It also resulted in the disruption of a number of operational operations in major facilities within the system. Energy.
These targets included one of the pumping stations on the vital East-West pipeline, which led to the loss of about 700,000 barrels per day of pumping quantities through the line, which is the main route for supplying global markets in this period.
Decline in Manifa plant production
The Manifa production plant was also targeted, which led to a decrease in its production by about 300,000 barrels per day of its production capacity, while the Khurais plant was previously targeted, which led to a decrease in its production. By 300 thousand barrels per day of its production capacity, which led to a decrease in the Kingdom’s production capacity by 600 thousand barrels per day.
Official Source at the Ministry of Energy: Operational Activities Halted at Several Energy Facilities in the Kingdom due to Recent Attacks
— Ministry of Energy (@MoEnergy_Saudi)
The targets extended to major refining facilities, including SATORP facilities in Jubail, Ras Tanura Refinery, SAMREF Refinery in Yanbu, and Riyadh Refinery, which directly affected exports of refined products to global markets.
Processing facilities in Juaymah were also exposed to fires, affecting exports of petroleum gas liquids (LPG) and gas liquids. Natural.
Increased fluctuations in oil markets
The continuation of these targets leads to a shortage in supplies and slows down the pace of their recovery, which reflects on the security of supplies for the beneficiary countries, and contributes to increasing the severity of fluctuations in oil markets.
This has also had a negative impact on the global economy, especially with the exhaustion of a large portion of global operational and reserve (emergency) stocks, which has affected the availability of reserves and limited the ability to respond to this shortage of supplies.
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