Business Standard
Thursday, May 31, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Oman oil produce suffers as Phet hits coast, cyclone weakens
Press Trust of India / Dubai Jun 04, 2010, 17:08 IST

Oman, a major oil producing country, has halted its petroleum production as tropical cyclone 'Phet' made landfall at its eastern coast.

The 25th ranked oil producing nation last loaded its ships yesterday, state-controlled Petroleum Development Oman has said.

"We won't load any oil because no ship is able to anchor at our facility due to rough seas," spokesman for state-controlled Petroleum Development Oman Al Busaidy said, adding that none of its facilities has been damaged so far.

The Arabian sea cyclone, packing wind with speed as high as 120 kmph, heading close to Sur, where Oman's three LNG production facilities known as trains are located, the latest storm-path forecast showed.
    
Meanwhile, "Satellite images showed that the cyclone has weakened falling into category One," UAE's National Centre for Meteorology and Seismology said in a statement.
    
Heavy rains continue to lash across the eastern coast of Oman accompanied by gusts of more than 110 kmph, the centre has said.
    
The cyclone, which is expected to hit Gujarat and Pakistan coasts in the next 48 hours, yesterday moved slightly towards Oman shores, generating 26-foot-high waves 200 kms off its coast.
    
The National Weather Bureau repeated its warning to stay away from the sea and beaches as cyclone Phet has been generating high waves and gusty wind in the Arabian Sea and the Gulf coasts.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- 
- "Discover The Power of One"
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Vodafone notice on arbitration premature: Govt
- Coal blocks for infrastructure projects get GoM nod
- Tata Motors skids as margins dip at JLR
- Toyota looks at more small cars for India
- Wealthy clients turned tables on UBS and staff?
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us