A major explosion occurred at a 145,000-barrels-per-day refinery in the north-eastern city of Sendai, hours after the largest earthquake in the country’s history was followed by a tsunami. The fire at the Sendai refinery originated from a land oil product shipping facility. Workers at the refinery were evacuated, and there was no capacity available to extinguish the fire. Fire in the storage and shipping facilities had also damaged a 35,500 barrels-per-day FCC at the refinery.

[ Property Damage $590 Million. Estimated Current Value $651 Million ]

Image credit: JXTG Nippon Oil & Energy