Wednesday, March 08, 2006

Iran's oil exports in danger due to rising Ahwaz unrest

Oil pipelines supplying Abadan with crude caught fire on Tuesday night in what some believe was an act of sabotage coinciding with weeks of unrest among Ahwazi Arabs.

Abdolreza Asadi, head of the state-owned Karoun oil company, said that the fires near Ahwaz City were possibly the result of sabotage, although the fire service later reported that they were caused by a leak. The Abadan refinery has a capacity of 450,000 barrels per day, around 30 per cent of Iran's total refining capacity. Al-Ahwaz produces around 80-90 per cent of Iran's total crude output, representing at least 10 per cent of OPEC's output.

( full story here )

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