Thai Oil Refinery Crude Storage Tank Catches Fire After Lightning Strike — OPIS

About this update from Thai Oil Public Co. Ltd.

A lightning strike hit a crude oil storage tank at Thai Oil Public Co.'s 275,000 b/d refinery in Sriracha, Chonburi Province, sparking a fire at approximately 4:30 p.m. local time on Monday, the refiner said in a notice to the Stock Exchange of Thailand on Tuesday.Thai Oil reported that the fire was extinguished shortly afterwards. No injuries or disruptions to refinery operations were reported.The company is still assessing the extent of the damage, which it expects to be limited and not material to its financial position or operating results.The Sriracha refinery's main products include LPG, gasoline, gasohol, mixed xylenes, jet fuel, diesel, fuel oil and bitumen.Thai Oil is an affiliate of Thai energy conglomerate PTT, which is the largest shareholder and controlling parent company, holding approximately 45% of the refiner's shares.This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.Reporting by Thomas Cho, [email protected]; Editing by Mei-Hwen Wong, [email protected]

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