Iran is moving swiftly to restore operations at its Lavan refinery on Lavan Island, which was hit by an attack on Wednesday, with officials targeting a return to 70-80% of pre-incident capacity within one to two months. Mohammad-Sadegh Azimifar,
Deputy Oil Minister and CEO of the National Iranian Oil Refining and Distribution Company (NIORDC), announced that parts of the 55,000 b/d facility in southern Iran are expected to resume operations within 10 days.
The strike, which occurred around 10 a.m. local time, sparked a blaze that first responders worked to contain, though no casualties were reported from the incident itself. Azimifar, during a visit to the refinery in Bandar Abbas, praised the resilience of workers in preventing major disruptions to fuel supply despite the damage. However, he noted the broader toll of recent attacks on Iran’s oil infrastructure, with three industry workers killed in related incidents.
Recovery efforts are advancing as planned, according to NIORDC, with a focus on maintaining public services amid heightened geopolitical tensions. The attack came just hours after the US and Iran announced a two-week ceasefire on Wednesday aimed at finalizing a peace deal, casting doubt on the stability of the agreement.
Regional unrest compounded the situation, as Kuwait reported intercepting 28 Iranian drones targeting vital oil installations and power stations on the same day, while the UAE dealt with a missile threat in its airspace. These incidents, occurring post-ceasefire announcement, signal ongoing risks to energy infrastructure across the Gulf.
Global oil markets remain on edge, with the Strait of Hormuz—a critical chokepoint for 20% of the world’s oil supply—still a flashpoint.
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