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Oil import and export may be at risk due to sea level rise

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  • Update Time : 11:37:42 am, Tuesday, 21 May 2024
  • 133 Time View

Import and export of fuel oil may be at great risk due to sea level rise. Import-dependent countries like China, South Korea and Japan may be particularly affected.

Apart from these countries, the terminals of many other countries around the world may be flooded. On Tuesday (May 21), the researchers warned and reported this information.

Ice is melting due to excess temperature. This includes rising sea levels, which will not only submerge key oil ports or disrupt global oil trade, but also inundate coastal refineries and petrochemical facilities.

According to a 2021 forecast report by the Intergovernmental Panel on Climate Change, if current trends continue, average sea level could rise by more than one meter by the end of the century. Or a rise of two meters cannot be ruled out.

Examining the infrastructure of crude oil import-export ports, CWR said low-lying ports and bunkering facilities are more vulnerable to sea level rise.

It is said that if the sea level rises by one meter, 12 of the world’s top 15 tanker terminals will be negatively affected. Out of which five are based in Asia.

In this case, up to 42 percent of the crude oil exported from Saudi Arabia, Russia, the United Arab Emirates and the United Arab Emirates is at risk.

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Oil import and export may be at risk due to sea level rise

Update Time : 11:37:42 am, Tuesday, 21 May 2024

Import and export of fuel oil may be at great risk due to sea level rise. Import-dependent countries like China, South Korea and Japan may be particularly affected.

Apart from these countries, the terminals of many other countries around the world may be flooded. On Tuesday (May 21), the researchers warned and reported this information.

Ice is melting due to excess temperature. This includes rising sea levels, which will not only submerge key oil ports or disrupt global oil trade, but also inundate coastal refineries and petrochemical facilities.

According to a 2021 forecast report by the Intergovernmental Panel on Climate Change, if current trends continue, average sea level could rise by more than one meter by the end of the century. Or a rise of two meters cannot be ruled out.

Examining the infrastructure of crude oil import-export ports, CWR said low-lying ports and bunkering facilities are more vulnerable to sea level rise.

It is said that if the sea level rises by one meter, 12 of the world’s top 15 tanker terminals will be negatively affected. Out of which five are based in Asia.

In this case, up to 42 percent of the crude oil exported from Saudi Arabia, Russia, the United Arab Emirates and the United Arab Emirates is at risk.