27 Jun 2025 Issue: 68 / 26 By: Peter Stevenson
All of Israel’s 300,000 b/d refinery capacity remains offline. For now, fuel distribution companies have been able to tap into their own stocks to maintain supplies.
Iran’s 14 June missile strike on Israel’s largest refinery, the 197,000 b/d Bazan at Haifa in the north threw the government’s conflict preparation plans into immediate disarray. Damage from the strike forced the plant offline at the same time as the country’s only other refinery, the 100,000 b/d Ashdod in the south, was offline for scheduled maintenance.
The Bazan Group initially sought to downplay the scale of the damage, but eventually had to disclose the extent in a 16 June submission to the Tel-Aviv Stock Exchange (TASE). (CONTINUED – 806 WORDS)
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Israel Oil Demand Dropped To A Post-Covid Low 218,900 b/d For 2024 (‘000 b/d)
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