The world's largest gas mine in Iran damaged after an Israeli airstrike

Bùi Đức |

On June 14, Iran temporarily suspended part of the gas production at the world's largest gas field after it caught fire due to an Israeli airstrike.

The gas field that was attacked was identified as South Pars - the world's largest gas field located between Iran and Qatar. This was the first Israeli attack on Iran's oil and gas sector.

The South Pars mine is located off the coast of Bushehr province in southern Iran and accounts for the majority of Iran's gas production, the world's third-largest gas producer after the United States and Russia.

Iran's Oil and Petroleum Ministry said the attack caused a fire, and the fire was extinguished. The fire broke out at a part of the South Pars mine, stopping production of 12 million cubic meters of gas.

Iran produces about 275 billion cubic meters of gas per year, equivalent to about 6.5% of global gas output, and consumes it domestically because it cannot export gas due to sanctions.

Iran shares the mine with Qatar, which calls it North Field. Qatar produces 77 million tons of liquefied gas from the mine with the help of global giants Exxon and Shell and supplies gas to Europe and Asia.

The attack on the gas field marked a major escalation of the conflict, which sent oil prices up 9% on June 13, despite Israel ignoring Iranian oil and gas facilities on the first day of the attacks.

On June 13, Israel launched an airstrike targeting Iran, killing several of its commanders and nuclear scientists. At the same time, Israel also attacked nuclear facilities with a claim to prevent Tehran from developing nuclear weapons.

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