Business

UAE suspends Shah gas field operations

 

Operations at the United Arab Emirates' Shah gas field remained suspended on Tuesday following a drone attack, while a fresh attack caused a fire in the Fujairah Oil Industry Zone.
No ⁠injuries were reported in either incident, the local media ⁠offices said.
Separately, the United Kingdom Maritime Trade Operations (UKMTO) said on Tuesday that an unknown projectile struck a tanker 23 nautical miles ‌east of Fujairah, causing minor structural ​damage.
Monday's attack on ⁠the Shah field - located about 180 km (111.85 ​miles) southwest of Abu ‌Dhabi and one of the world's largest sour gas fields - adds to disruptions ​to the UAE's energy sector.
The country's daily oil output is down by more than half since the conflict broke out, with the effective closure of the Strait of Hormuz forcing state oil ‌giant ADNOC to implement widespread production shut-ins, two sources ​told Reuters.
Oil loading operations at the UAE's port of ​Fujairah, ‌a ⁠key export terminal, were suspended twice in recent days following separate drone attack incidents, although some loading has since resumed, ​sources said.
Gulf states, including the UAE, ⁠have faced ​more than 2,000 missile and drone attacks since the start of the U.S.-Israeli war on Iran on Feb. 28, targeting U.S. diplomatic missions and military bases as well ​as oil infrastructure, ports, airports, and residential and ​commercial buildings