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Israel’s Ashdod Refinery at Risk: BRS Shipbrokers

OIL

Israel’s Ashdod refinery is at risk during the conflict amid its proximity to the Gaza Strip, according to BRS Shipbrokers.

  • The 100k b/d refinery is one of two located in Israel. The other is a 197k b/d refinery located in Haifa.
  • Israel exports just under 100k b/d of oil products, according to Bloomberg.
  • “VLCCs do not call at Israeli ports and therefore there would likely be no impact on the market, unless there were attacks on tankers in Israeli waters,” BRS Shipbrokers said in a report, according to Bloomberg.

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