Friday, August 5, 2011

Iran Oil Fire Extinguished

Firefighters have extinguished a massive fire that raged for more than ten hours after a major oil pipeline exploded in Iran's southwestern province of Khuzestan, Iran’s official news agency IRNA reported. The explosion occurred at 1:30 AM local time on Friday near the town of Qale Naar at Qala Naar-Ahvaz pipeline. The 20-inch pipeline carries 4,000 barrels a day.

“The production of oil in the southern area is still continuing at full capacity and the oil output from the wells is being transferred to other pipelines,” Hormoz Qalavand, Executive Director of the National Iranian South Oil Company, said [IRNA, 5 August].

Brent oil futures prices jumped on the news of the explosion, and pared some of the increases after Qalavant’s statement. Traders cited fears of terrorism in a major OPEC producer.

6 comments:

Anonymous said...

How come we let israel bomb so many of our oils pipe line?
This must stop now
Moje Muaha

Anonymous said...

This isn't Israel. This is from Iranian opponents of the regime...and there's likely to be more coming.

Anonymous said...

How come we let Israeli-Iranians bomb our discussions with so much vitriol and hatred of Iran?

Anonymous said...

Yeah, why can't we simply stop listening to anyone who disagrees with us?

If we don't allow other ideas that means that our ideas are best!!!!!

anyone criticizes the Iranian theocracy is an enemy of God .... or a neo-con....or an Israeli agent....

we must not allow anyone to point out that the Emperor Ayatollah has no clothes.

Anonymous said...

OH MY....Squirt guns (water pistols) to be banned soon!

Anonymous said...

Iran belongs to the very few countries (due to the war) to have the technical knowhow and experteese to put down such fires.