The Bazan Group says that as a result of the Iranian strike on its oil refinery in the Haifa Bay, all its facilities have been shut down.
Three people were killed in an Iranian missile strike on the refinery overnight.
In a statement to the Tel Aviv Stock Exchange, Bazan says that “as a result of damage to the facilities, the power plant was significantly damaged, and therefore all of the refinery’s and subsidiary companies’ facilities were shut down.”
Bazan says it is working with the Israel Electric Company to resume electric supply to the facility.
The facility, home to a distinctive cooling tower that looms over the densely populated Haifa Bay, has for years been threatened with attack by Israel’s adversaries, including Iranian proxy Hezbollah. It has never been known to have suffered a direct hit in the past.
Residents, environmental activists and others have long lobbied for the Bazan facility to be shuttered and moved elsewhere, due to both the heavy pollution it causes to the area and fears of disastrous consequences should it be struck.
In 2022, the government voted to relocate the facility by 2030. Work on the removal of an array of large oil tanks adjacent to the site was set to begin this year.
Your next read: ToI Editors' Picks
LIMITED TIME OFFER: Join The Times of Israel Community today and you'll receive a physical book of your choice, carefully curated by our editors.
Choose between two must-reads: When We See You Again by Rachel Goldberg-Polin, a searing portrait of a mother’s grief and strength following unthinkable tragedy;
Or Out of the Sky: Heroism and Rebirth in Nazi Europe by Matti Friedman, the gripping and surprising tale of a forgotten moment during World War II.
As a Community member, you’ll also enjoy our DocuNation series of outstanding Israeli documentary films, an ad-free experience of our site and podcasts, commenting privileges, and more.
CHOOSE YOUR BOOK
CHOOSE YOUR BOOK
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this