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Nuvista Energy Ltd NUVSF


Primary Symbol: T.NVA

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Post by Carjackon Feb 21, 2024 8:25am
45 Views
Post# 35890452

Iran says Israel behind attacks on gas pipelines

Iran says Israel behind attacks on gas pipelines

Iran has accused Israel of being behind two attacks last week on gas pipelines that disrupted supplies in several provinces, further raising tensions between the regional archenemies amid the war on Gaza.

“The explosion of the country’s gas lines was the work of Israel,” Oil Minister Javad Owji said on Wednesday after a cabinet meeting.

“The plot was foiled,” he said.

Two explosions hit Iran’s leading south-north gas pipeline network on February 14. They were initially described by Owji as a “terrorist act or sabotage” without naming who was behind the attacks.

“The enemy intended to disturb gas service in the provinces and put people’s gas distribution at risk,” state news agency IRNA reported quoting Owji, who did not provide evidence to support his claim.

Israel has not acknowledged carrying out the attacks, but it rarely claims its espionage missions abroad.

The blasts hit a natural gas pipeline from Iran’s western Chaharmahal and Bakhtiari province up north to cities on the Caspian Sea. The roughly 1,270km (790-mile) pipeline begins in Asaluyeh, a hub for Iran’s offshore South Pars gas field.

There were no reported casualties from the attack. State media reported that supplies had been disrupted in the provinces of North Khorasan in the northeast, Lorestan in the west and Zanjan in the northwest.

Owji earlier compared the attack to a series of mysterious and unclaimed assaults on gas pipelines in 2011, including an attack around the anniversary of Iran’s 1979 revolution.

In December, a hacking group that Iran accuses of having links to Israel claimed it carried out a cyberattack which disrupted as much as 70 percent of Iran’s petrol stations.

Iran has generally blamed agents of Israel for similar acts of alleged sabotage in the past. Israel has carried out attacks in Iran but has predominantly targeted its nuclear and military sites.

The war on Gaza has worsened relations between the two countries. The Iran-aligned Yemeni Houthis have launched attacks on Israel and shipping in the Red Sea in solidarity with Palestinians in Gaza. Israel and Iran-linked Lebanese armed group Hezbollah have been engaged in months of increasingly deadly cross-border attacks.

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