Latest news with #Phase14
&w=3840&q=100)
Business Standard
26-06-2025
- Business
- Business Standard
Damaged unit at Iran's South Pars refinery resumes operations: Report
Iran is the world's third largest gas producer after the United States and Russia Reuters A damaged unit of the South Pars refinery's Phase 14, which was hit by Israel in its first strike on Iran's oil and gas sector, has returned to operation, the Iranian state-run agency Nour News reported on Thursday. South Pars, the world's biggest gas field, is located offshore in Iran's southern Bushehr province and is responsible for the lion's share of the country's gas production. Iran is the world's third largest gas producer after the United States and Russia. Gas production was not halted and the damaged unit was repaired in about 10 days, the agency added. On June 14, the Israeli strike caused a fire, which has been extinguished, in one of the four units of Phase 14. Israel launched an air offensive against Iran on June 13 killing commanders and scientists and bombing nuclear sites, saying it wanted to stop Tehran building an atomic weapon. After a 12-day air war between Israel and Iran, US President Donald Trump announced on Monday a ceasefire between them.
Straits Times
26-06-2025
- Business
- Straits Times
Damaged unit of Iran's South Pars refinery back operating, Nour News says
A damaged unit of the South Pars refinery's Phase 14, which was hit by Israel in its first strike on Iran's oil and gas sector, has returned to operation, the Iranian state-run agency Nour News reported on Thursday. South Pars, the world's biggest gas field, is located offshore in Iran's southern Bushehr province and is responsible for the lion's share of the country's gas production. Iran is the world's third largest gas producer after the United States and Russia. Gas production was not halted and the damaged unit was repaired in about 10 days, the agency added. On June 14, the Israeli strike caused a fire, which has been extinguished, in one of the four units of Phase 14. Israel launched an air offensive against Iran on June 13 killing commanders and scientists and bombing nuclear sites, saying it wanted to stop Tehran building an atomic weapon. After a 12-day air war between Israel and Iran, U.S. President Donald Trump announced on Monday a ceasefire between them. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Business Recorder
16-06-2025
- Business
- Business Recorder
Iran says Israel attack on Gulf gas facility attempt ‘to expand war'
TEHRAN: Iran's Foreign Minister Abbas Araghchi said Sunday that Israel's attack on a major gas facility along the Gulf coast was an attempt 'to expand the war beyond' Iran. 'Dragging the conflict into the Persian Gulf region is a major strategic mistake, likely deliberate and intended to extend the war beyond Iranian territory,' said Araghchi during a meeting with foreign diplomats. He was referring to the strike on a facility operating at South Pars, located offshore near Iran's southern Bushehr province. The field supplies around 70 percent of Iran's domestic natural gas. The South Pars/North Dome mega-field is the largest known gas reserve in the world. Iran, which shares the massive field with energy giant Qatar, has been developing its side since the late 1990s. Iranian media reported Saturday a 'massive explosion' and fire after an Israeli drone targeted one of the South Pars Phase 14 facilities. Araghchi described the attack as 'an extremely dangerous move,' adding that any military activity in the Gulf 'could involve the entire region — and possibly the whole world.' On Friday, Israel launched a large-scale attack on Iran, killing top military commanders and nuclear scientists, and striking military bases, nuclear sites and residential areas across the country.
Shafaq News
14-06-2025
- Business
- Shafaq News
Expert warns of energy disruptions after attack on Iran's South Pars field
Shafaq News/ Damage to Iran's Fajr refinery in the South Pars gas field could disrupt both domestic and international energy supplies, economic expert Nabil Al-Marsoumi revealed on Saturday. South Pars, one of the world's largest natural gas fields, spans Persian Gulf waters shared by Iran and Qatar. The field contains approximately 14 trillion cubic meters of Iran's gas reserves. Al-Marsoumi highlighted its critical role in supporting Iran's economy and providing gas to regional markets, especially amid ongoing electricity shortages and shifting global energy dynamics. He also warned that severe damage to the field could impact Iran's domestic energy consumption as well as its gas exports, with Turkiye and Iraq expected to be the most affected. The remarks came after an Israeli drone strike targeted the refinery, triggering a large explosion. Consequently, production from the Phase 14 platform, which delivers 12 million cubic meters of gas, was temporarily halted. Repairs are underway, with operations set to resume once the platform is restored.
India Today
14-06-2025
- Politics
- India Today
Israel hits Iran's refinery, warns of more attacks as Middle East crisis deepens
Israeli Prime Minister Benjamin Netanyahu on Saturday vowed to intensify strikes on Iran, warning that "what they have felt so far is nothing compared with what they will be handed in the coming days." His comments came after Israel launched one of its most extensive aerial offensives under Operation Rising Lion, targeting Iran's nuclear and military infrastructure in cities including Natanz, Isfahan, and Tehran. Iranian media reported a fire at the South Pars gas field following fresh Israeli strikes on Saturday, though the blaze was later offensive, which reportedly killed several high-ranking Iranian generals and nuclear scientists, triggered a swift and forceful retaliation from Tehran. Within 24 hours, Iran launched over 200 ballistic missiles and drones at Israeli cities, accusing Israel of pushing the region into a "dangerous cycle of violence". It also called off its upcoming nuclear negotiations with the United States, calling them "unjustifiable" under the current circumstances. Tehran warned that if Israeli strikes continue, its response will grow "more severe" and may include military bases of Israel's regional DEVELOPMENTS ON THE ISRAEL-IRAN CONFLICT Israeli Prime Minister Benjamin Netanyahu ordered a large-scale aerial assault on Iran, targeting nuclear facilities, military infrastructure, and key leadership figures. Strikes reportedly hit over 150 sites, including Natanz and Isfahan, killing several top military commanders and nine nuclear scientists. advertisement Netanyahu declared that Iran's nuclear efforts were "in the 90th minute" and vowed more strikes to come, saying, "What they have felt so far is nothing compared with what they will be handed in the coming days." In retaliation, Iran fired roughly 200 ballistic missiles and drones at Israeli targets in four waves. Israel claimed most were intercepted, with help from US defence systems, but at least three people were killed and dozens injured. Iran also warned that any foreign military base involved in intercepting its missiles, including those of Israel's allies, would become a target. Despite the attack, Tel Aviv beaches were busy by Saturday, with residents returning to public space. Iranian media reported that Israeli airstrikes targeted the South Pars gas field in southern Bushehr province, causing a fire and halting production of 12 million cubic meters of gas from Phase 14. Iran reported heavy civilian casualties from Israel's two-day assault. Iranian state TV said a missile strike on a 14-storey residential tower in Tehran killed around 60 people, including 20 children. In total, 78 deaths were reported on the first day of Israeli strikes. Visuals showed buildings flattened, and upper floors collapsing into the street. Netanyahu said Israeli Air Force jets would soon be seen "over the skies of Tehran" and reiterated that his government would strike "every site and every target of the Ayatollahs' regime". Defence Minister Israel Katz further escalated the rhetoric, warning, "If Khamenei continues to fire missiles at the Israeli home front, Tehran will burn." Iran has called off scheduled nuclear talks with the United States following Israel's air offensive. Confirming the development, Oman - who had been mediating-said the dialogue was no longer on the table. advertisementIran's Foreign Minister Abbas Araqchi stated it was "unjustifiable" to proceed with negotiations while "barbarous Israeli airstrikes" continued. A spokesperson for the Iranian foreign ministry added, "Continuing dialogue under these conditions is meaningless. Washington's silence signals complicity." At the Shanghai Cooperation Organisation (SCO) summit, India called for "dialogue and diplomacy" to de-escalate tensions. This came after the China-led group issued a strong condemnation of Israeli strikes on Iran. India refrained from backing the statement, instead emphasising the need for restraint. Turkish President Tayyip Erdogan, in calls with both Iranian President Masoud Pezeshkian and Saudi Crown Prince Mohammed bin Salman, accused Netanyahu of trying to "drag the region into fire" and "sabotage nuclear talks". Erdogan said Israel's actions were an attempt to divert attention from "genocide in Gaza" and warned that the conflict risked triggering waves of irregular migration across the region. He labelled Netanyahu's government the biggest threat to regional stability. advertisement Iranian lawmaker and military general Esmail Kosari said Tehran is reviewing whether to close the Strait of Hormuz - a critical oil route for the global economy. Meanwhile, Iranian state media said the country had warned it would target military bases in the region that assist in intercepting Iranian missiles. Croatia's consul in Israel and his wife were slightly injured during Iran's missile strikes on Tel Aviv. Croatian Foreign Minister Gordan Grlic Radman confirmed the building they were living in had been hit and expressed relief that their injuries were not life-threatening. He condemned the attacks on civilians and diplomatic properties and called for "immediate de-escalation and restraint". Israeli PM Netanyahu claimed "clear support" from US President Donald Trump for the strikes. Iran, in turn, warned that further attacks would trigger more severe retaliation, including targeting military bases of Israel's regional allies. Tune InMust Watch
