Commodities

Iran's Deputy Oil Minister says the SPD14D platform at South Pars caught fire a few minutes ago; situation is under control and cause is under investigation, reports Fars

ORIGINAL · NewsquawkIran's Deputy Oil Minister says the SPD14D platform at South Pars caught fire a few minutes ago; situation is under control and cause is under investigation, reports FarsRead originalHide original

This platform produces 14.5 million cubic meters of South Pars' more than 700 million cubic meters of gas. The cause of the incident is under investigation and 2 possibilities of gas leakage or operational incident are on the table.

StockNow breaking-news AI analysis

Fars reported a fire at South Pars’ SPD14D platform, said the situation was under control, and listed two possible causes under investigation; the platform’s reported output is 14.5 million cubic meters.

News detail

This platform produces 14.5 million cubic meters of South Pars' more than 700 million cubic meters of gas. The cause of the incident is under investigation and 2 possibilities of gas leakage or operational incident are on the table.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more