Insider Secrets

Insider Secrets

Learn how the PROs are making money from the oil and energy market.

Loading, please wait

Two Dead in Total Refinery Explosion in Belgium

By
Posted on Wed, 20 November 2013 14:40 | 0

An explosion at a refinery in Antwerp, Belgium operated by France’s Total SA on 19 November has killed two subcontractors.
    
The explosion occurred in a steam system of a gas-producing unit during maintenance operations at the 338,000-barrel-per-day refinery, according to a statement from Total.

The refinery was evacuated and partially shut down, and Total claims that no hydrocarbons were released into the atmosphere as a result. According to Total, there was no ensuing fire following the explosion and only steam has been released into the atmosphere.

"As a consequence of the explosion, a part of the installations are stopped, and the emergency plan of the refinery has been activated," Total said.

The identities of the two subcontractors killed in the explosion have not been released, while a third person earlier reported missing has now been found.  

The port in Antwerp remains open to shipping traffic despite the incident.

The Total refinery is among Europe’s largest, with an annual capacity of 17 million metric tons of crude oil and analysts do not expect the shutdown to have a significant impact on the market or European supplies.

Total is investing $1.35 billion in the Antwerp refinery to boost diesel-making capacity and cut costs, according to Reuters.

Shares in Total were down 0.93% by 1618 GMT (around two hours after the explosion), but this drop is in line with a 1.1% decline in the French CAC 40 blue-chip index, the news agency noted.

By. Charles Kennedy of Oilprice.com


Join the discussion

Special Reports

8 Mega Trends

8 Mega Trends

By Oil & Energy Insider Analysts

8 OIL & GAS INDUSTRY MEGA-TRENDS AND HOW TO PROFIT FROM THEM
Here's what our 400 global energy assets are telling us to be prepared for right now...

LNG Technology

LNG Technology

By Oil & Energy Insider Analysts

THE "FLOATING REFINERY" STOCK THAT COULD FUND YOUR RETIREMENT
This company's incredible tanker technology could eliminate many of the world's offshore pipelines...

Subsea Production

Subsea Production

By Oil & Energy Insider Analysts

THE END OF OFFSHORE DRILLING?
This disruptive market will grow 84% to 270% over the next five years: Discover the 6 equipment suppliers set to profit.

Related Articles

Be the first to comment on this article.