{"id":128116,"date":"2019-09-14T10:46:22","date_gmt":"2019-09-14T14:46:22","guid":{"rendered":"https:\/\/stateofthenation2012.com\/?p=128116"},"modified":"2019-09-14T10:46:22","modified_gmt":"2019-09-14T14:46:22","slug":"saudi-oil-industry-under-withering-attack-aramco-ipo-in-serious-jeopardy","status":"publish","type":"post","link":"https:\/\/stateofthenation2012.com\/?p=128116","title":{"rendered":"Saudi Oil Industry Under Withering Attack, Aramco IPO in Serious Jeopardy"},"content":{"rendered":"<h1>Drone strikes target world&#8217;s largest oil processing facility, Saudi oil field; attack claimed by Iranian-backed rebels<\/h1>\n<p><!--more-->By Lucia I. Suarez Sang | Fox News<\/p>\n<p><a href=\"https:\/\/stateofthenation2012.com\/wp-content\/uploads\/2019\/09\/18469156-7463189-image-m-30_1568444187809.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-128118\" src=\"https:\/\/stateofthenation2012.com\/wp-content\/uploads\/2019\/09\/18469156-7463189-image-m-30_1568444187809.jpg\" alt=\"\" width=\"634\" height=\"364\" srcset=\"https:\/\/stateofthenation2012.com\/wp-content\/uploads\/2019\/09\/18469156-7463189-image-m-30_1568444187809.jpg 634w, https:\/\/stateofthenation2012.com\/wp-content\/uploads\/2019\/09\/18469156-7463189-image-m-30_1568444187809-300x172.jpg 300w\" sizes=\"auto, (max-width: 634px) 100vw, 634px\" \/><\/a><\/p>\n<p class=\"speakable\">The world&#8217;s largest oil processing facility and a nearby oil field in\u00a0<a href=\"https:\/\/www.foxnews.com\/category\/world\/world-regions\/saudi-arabia\" target=\"_blank\" rel=\"noopener noreferrer\">Saudi Arabia<\/a>\u00a0were set ablaze early Saturday morning after reported\u00a0<a href=\"https:\/\/www.foxnews.com\/category\/tech\/technologies\/drones\" target=\"_blank\" rel=\"noopener noreferrer\">drone<\/a>\u00a0attacks by Iranian-backed Yemeni rebels.<\/p>\n<p class=\"speakable\">The Interior Ministry was quoted by state-run media as saying the fires at the Abqaiq oil processing facility in Buqyaq and the nearby Khurais oil field operated by Saudi Aramco were \u201ctargeted by drones.\u201d<\/p>\n<p class=\"speakable\">It wasn\u2019t immediately clear if there were any injuries, nor what effect it would have on oil production in the kingdom.<\/p>\n<div class=\"image-ct inline\">\n<div class=\"m\"><picture><source srcset=\"https:\/\/a57.foxnews.com\/static.foxnews.com\/foxnews.com\/content\/uploads\/2019\/09\/1470\/828\/aramco-fire-Reuters.jpg?ve=1&amp;tl=1 2x\" media=\"(max-width: 767px)\" \/><source srcset=\"https:\/\/a57.foxnews.com\/static.foxnews.com\/foxnews.com\/content\/uploads\/2019\/09\/1862\/1048\/aramco-fire-Reuters.jpg?ve=1&amp;tl=1 2x\" media=\"(min-width: 767px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxnews.com\/foxnews.com\/content\/uploads\/2019\/09\/640\/320\/aramco-fire-Reuters.jpg?ve=1&amp;tl=1\" alt=\"Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, September 14, 2019.\u00a0\" \/><\/picture><\/div>\n<div class=\"caption\">\n<h5>Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, September 14, 2019.\u00a0\u00a0<span class=\"copyright\">(Reuters)<\/span><\/h5>\n<\/div>\n<\/div>\n<p>Houthi rebels \u2013 who are backed by Iran\u00a0in a yearslong Saudi-led war against them in Yemen \u2013 have reportedly claimed responsibility for the attacks and vowed that further attacks could be expected in the future.<\/p>\n<p>The military spokesman Yahia Sarie said in a short address aired by Houthi\u2019s Al-Masirah satellite news channel that the group launched 10 drones in a coordinated attack on the sites.<\/p>\n<p>\u201cThe only option for the Saudi government is to stop attacking us,\u201d he added.<\/p>\n<p>State television showed footage showing smoke from the blazes clearly rising behind a correspondent.<\/p>\n<div class=\"image-ct inline\">\n<div class=\"m\"><picture><source srcset=\"https:\/\/a57.foxnews.com\/static.foxnews.com\/foxnews.com\/content\/uploads\/2019\/09\/1470\/828\/AP19257344761027.jpg?ve=1&amp;tl=1 2x\" media=\"(max-width: 767px)\" \/><source srcset=\"https:\/\/a57.foxnews.com\/static.foxnews.com\/foxnews.com\/content\/uploads\/2019\/09\/1862\/1048\/AP19257344761027.jpg?ve=1&amp;tl=1 2x\" media=\"(min-width: 767px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxnews.com\/foxnews.com\/content\/uploads\/2019\/09\/640\/320\/AP19257344761027.jpg?ve=1&amp;tl=1\" alt=\"This Saturday, Sept. 14, 2019, satellite image provided by NASA Worldview shows fires following Yemen's Houthi rebels claiming a drone attack on two major oil installations in eastern Saudi Arabia.\u00a0\" \/><\/picture><\/div>\n<div class=\"caption\">\n<h5>This Saturday, Sept. 14, 2019, satellite image provided by NASA Worldview shows fires following Yemen&#8217;s Houthi rebels claiming a drone attack on two major oil installations in eastern Saudi Arabia.\u00a0\u00a0<span class=\"copyright\">(NASA Worldview via AP)<\/span><\/h5>\n<\/div>\n<\/div>\n<p>The smoke could be seen from space.<\/p>\n<p>Saudi officials have not commented on who they think is behind the attacks. Saudi Aramco did not immediately respond to questions from the AP.<\/p>\n<p>The oil facility processes sour crude oil into sweet crude, then later transports onto transshipment points on the Persian Gulf and the Red Sea. Estimates suggest it can process up to 7 million barrels of crude oil a day.<\/p>\n<p>The Khurais oil field is believed to produce over 1 million barrels of crude oil a day. It has estimated reserves of over 20 billion barrels of oil, according to Aramco.<\/p>\n<p>The plant has been targeted in the past by militants. Al Qaeda claimed suicide bombers tried but failed to attack the oil complex in February 2006.<\/p>\n<p>The Saudi-led coalition has been battling the rebels since March 2015. The Iranian-backed Houthis hold Yemen&#8217;s capital, Sanaa, and other territory in the Arab world&#8217;s poorest country.<\/p>\n<p>The war has become the world&#8217;s worst humanitarian crisis. The violence has pushed Yemen to the brink of famine and killed more than 90,000 people since 2015, according to the U.S.-based Armed Conflict Location &amp; Event Data Project, or ACLED, which tracks the conflict.<\/p>\n<p><em>The Associated Press contributed to this report.<\/em><\/p>\n<p>___<br \/>\n<a href=\"https:\/\/www.foxnews.com\/world\/drone-attack-saudi-oil-facility-iran-rebels\">https:\/\/www.foxnews.com\/world\/drone-attack-saudi-oil-facility-iran-rebels<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Drone strikes target world&#8217;s largest oil processing facility, Saudi oil field; attack claimed by Iranian-backed rebels<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-128116","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/128116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128116"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=\/wp\/v2\/posts\/128116\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation2012.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}