Damaged unit at Iran's South Pars refinery resumes operations: Report

A damaged unit at Iran's South Pars refinery, specifically Phase 14, has resumed operations, according to recent reports. This development follows a significant incident where the facility sustained damage from what has been identified as Israel's initial strike on Iran's oil and gas sector. The attack had temporarily halted operations, raising concerns over potential disruptions in the energy supply chain. The South Pars gas field, shared between Iran and Qatar, is one of the largest in the world, making its operational status crucial for both regional energy markets and Iran's economy. The swift resumption of activities at the damaged unit underscores Iran's efforts to maintain stability and resilience in its energy production capabilities, despite external pressures and geopolitical tensions. Industry experts are closely monitoring the situation, as the attack signifies a notable escalation in hostilities between Israel and Iran, with potential implications for global energy security. The restoration of Phase 14 operations marks a significant step for Iran in mitigating the immediate impacts of the strike, while highlighting the ongoing vulnerabilities and strategic importance of its energy infrastructure.

— Authored by Next24 Live