FIRE DESTROYS SPINNELI REFINERY, SPRECK IN DANGER
Massive inferno in facility and nearby EPD, city threatened
SPRECK, ALLIED NATIONS – Citizens on the outskirts of Spreck are being evacuated by AN military and police forces this morning as the inferno started Sunday night at the Spinelli Refinery continues to burn out of control, a day later. A 32 mph eastern wind last night pushed the flames into the adjoining production fields, and closer to the city as the flames continue to grow in intensity. Nearly sixteen hundred residents of the outer suburbs of Spreck have been ordered by authorities to relocate. Anyone still in this area is advised to leave immediately.
Firefighters from neighboring cities are arriving en masse to help combat the fire, which has still not been contained. The Allied Nations military has reportedly deployed a battalion from A.C.E. (Army Corps of Engineers) to assist in the effort. There is no word on when the fire is expected to burn out, though initial estimates place the amount of oil burning at nearly three hundred million liters. The blaze’s epicenter or cause has not yet been identified, but no foul-play is yet suspected the government of Meinkraft.
Universal Petroleum, which operates the refinery, said that seventeen of it’s personnel were unaccounted for, but the remaining two hundred are safe and sound, a company spokesperson said. Nevertheless UP’s stock in the Sylvan markets lost nearly a quarter of it’s value and is still plummeting. The refinery, the largest in the region and considered the flagship facility of that company, was dubbed a model of engineering safety at it’s conception, and has already sparked protest on the lax safety regulations in regard to petrochemicals enforced by the Allied Nations.
The Spinelli refinery accounts for nearly forty percent of the Allied Nation’s oil production, and the AN Maracaibo stock market reflected that this morning. The Dow Jones Average for the entire AN fell more than a thousand points, the largest gross daily gross loss in history. Meanwhile, stock in the Durmensk Energy Corporation (DREC) rose twenty-six dollars, twelve cents and Sylvan Energy (SYLE) rose eighteen dollars ninety cents for the morning.
In Sylva, Secretary of Finance Lauren Minnis addressed both the First Minister and a joint session of Parliament earlier today, and suggested an attempt be made to further subsidize the Coalition State’s petrochemical industry or import additional crude from the Aleckandor or Mozria, but added the latter would first have to meet it’s own oil demands. In addition, she predicted the loss of the Spinelli refinery would bring the price of oil per gallon to over a hundred fifty CSD for the first time in over fifty years. For the average consumer, this was reflected in gas prices, which surged to an average of four dollars a gallon.
But Minnis also pointed out that Sylva would fair this crises far better than most, due to the oil reserves in South Carmi and the Strachan Sea. While these alone do not make the country self-sufficient, she explained that underdeveloped nations without exploited petroleum reserves, such as Erquin, would fair the crises much worse.
Erquin and Aemen, both of which receive just under half their petrochemical imports from the AN, expressed major concern over the fire, which could result in lower amounts of fuel being exported to them. In all, many economists agree that the Spinelli Refinery Fire will affect the entire region in some way or another.
Richard Follet contributed to this article.