Drones launched by Yemen’s Houthi rebels attacked the world’s largest oil processing facility in Saudi Arabia
DUBAI, United Arab Emirates — and another major oil field Saturday, sparking huge fires at a vulnerable chokepoint for global energy supplies.
The fires began after the sites were “targeted by drones,” the Interior Ministry said in a statement carried by the state-run Saudi Press Agency. It said an investigation was underway. The U.S. Embassy in Riyadh said it was unaware of any injuries to Americans. Saudi Aramco employs a number of U.S. citizens, some of whom live in guarded compounds in the kingdom near the site.
The facility processes sour crude oil into sweet crude, then transports it onto transshipment points on the Persian Gulf and the Red Sea or to refineries for local production. Estimates suggest it can process up to 7 million barrels of crude oil a day. By comparison, Saudi Arabia produced 9.65 million barrels of crude oil a day in July.
There was no immediate impact on global oil prices as markets were closed for the weekend. Benchmark Brent crude had been trading at just above $60 a barrel. “Though the Abqaiq facility is large, the stabilization process is concentrated in specific areas . including storage tanks and processing and compressor trains — which greatly increases the likelihood of a strike successfully disrupting or destroying its operations,” the center said.
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