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Bahrain’s Bapco declared force majeure on its group ​operations on Monday following an ‌attack on its oil refinery complex, the company said, as the ​conflict in the Middle East ​continues to disrupt oil production. Bapco’s 380,000 barrels per ​day (bpd) Sitra refinery buys Saudi ​crude oil via a pipeline between the two countries, depriving Saudi Arabia of another ​outlet for its production. The firm said domestic market needs remained fully secured and that supplies would continue without disruption, and that supply continuity was being supported by contingency plans already in place. Bapco joins QatarEnergy, which declared force majeure two days after an Iranian drone strike hit the company’s liquid natural gas facilities. The Kuwait Petroleum Company (KPC) also declared force majeure because of “explicit threats” by Iran against the safe passage of ships through the Strait of Hormuz, continuing attacks by Iran ​on Kuwait and the "almost ​total absence" within ⁠the Arabian Gulf of vessels available to ship crude oil and products, the notice showed. KPC said the reduction was precautionary and would ‌be reviewed ⁠as the situation develops. Even Singapore’s Aster Chemicals and Energy has declared force majeure, citing a disruption in raw materials because of the Middle East conflict.

Bahrain, Kuwait and Qatar, Singapore companies announces force majeure on operations

Bahrain’s Bapco declared force majeure on its group ​operations on Monday following an ‌attack on its oil refinery complex, the company said, as the ​conflict in the Middle East ​continues to disrupt oil production. Bapco’s 380,000 barrels per ​day (bpd) Sitra refinery buys Saudi ​crude oil via a pipeline between the two countries, depriving Saudi Arabia of another ​outlet for its production. The firm said domestic market needs remained fully secured and that supplies would continue without disruption, and that supply continuity was being supported by contingency plans already in place. Bapco joins QatarEnergy, which declared force majeure two days after an Iranian drone strike hit the company’s liquid natural gas facilities. The Kuwait Petroleum Company (KPC) also declared force majeure because of “explicit threats” by Iran against the safe passage of ships through the Strait of Hormuz, continuing attacks by Iran ​on Kuwait and the “almost ​total absence” within ⁠the Arabian Gulf of vessels available to ship crude oil and products, the notice showed. KPC said the reduction was precautionary and would ‌be reviewed ⁠as the situation develops. Even Singapore’s Aster Chemicals and Energy has declared force majeure, citing a disruption in raw materials because of the Middle East conflict.

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