Breaking News:

Exxon Completes $60B Acquisition of Pioneer

Oil Tanker Hit By Mine Explosion Near Saudi Arabia

An oil tanker was damaged in the Red Sea near Saudi Arabia after a mine exploded on Wednesday, the Associated Press reported, citing the tanker's operator and a maritime security company. 

The MT Agrari oil tanker, managed by a Greek company and flying a Maltese flag, was damaged by a mine off the Saudi city of Shuqaiq near Yemen. 

"Their vessel was attacked by an unknown source," the firm operating the MT Agrari said in a statement carried by AP. 

"The Agrari was struck about 1 meter above the waterline and has suffered a breach. It has been confirmed that the crew are safe and there have been no injuries," the operator added. 

UK-based maritime security firm Ambrey said that the blast took place within the port limits and punctured the hull of the tanker. According to Ambrey, the vessel had discharged cargo at the Shuqaiq Steam Power Plant arriving from Rotterdam in the Netherlands before the blast occurred. 

According to TankerTrackers.com, an oil spill is visible around the tanker that was hit off the Saudi coast. 

The blast from a mine offshore Saudi Arabia near Yemen comes days after Houthi rebels in Yemen said on Monday they had fired a missile against a target in the Saudi city of Jeddah and had hit it. The target was a distribution center property of Saudi Arabia's state oil company Aramco. The group also warned that "operations will continue," advising foreign companies and residents of Saudi Arabia to be cautious. 

Saudi Arabia confirmed on Monday, via its Saudi Press Agency, that there was also an explosion at a petroleum products distribution terminal in Jeddah. 

"The Kingdom condemns this cowardly attack, and reaffirmed that such acts of terrorism and sabotage, committed against vital installations - including the recent incident, in Jizan, near the floating offloading platform of the petroleum products distribution terminal, and the previous terrorist attack on oil installations, in Abqaiq and Khurais - are aimed at the security and stability of energy supplies to the world, as well as the global economy," Saudi Arabia said on Monday.

By Tsvetana Paraskova for Oilprce.com

More Top Reads From Oilprice.com

Back to homepage


Loading ...

« Previous: The OPEC Producer Looking To Sell A Stake In Its Oil Company

Next: Israel Prepares For A Potential U.S. Military Strike On Iran »

Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More

Comments

  • Mamdouh Salameh - 25th Nov 2020 at 2:08pm:
    Saudi Arabia is well advised to end the war in Yemen and reach a peaceful settlement with the Houthi rebels and by extension Iran. This will ensure the safety of its oil infrastructure and the security and stability of global energy supplies to the world. Furthermore, the war in Yemen is costing the Saudi budget billions of dollars that Saudi Arabia could ill afford at a time of low oil prices and declining oil revenues.

    Unlike President Trump, President-elect Biden says he's prepared to re-join the Iran nuclear deal if Iran returns to strict compliance - but he wouldn't lift sanctions until then. He is also reported to have said that he will end his country’s support for the Saudi-led war in Yemen. In a nutshell, he will be cool towards Saudi Arabia.

    Therefore, Saudi Arabia should take the initiative and end the war in Yemen and reach some rapprochement with Iran.

    Dr Mamdouh G Salameh
    International Oil Economist
    Visiting Professor of Energy Economics at ESCP Europe Business School, London
Leave a comment