Bazan Group
| Primary URL | Location | Industry | bazangroup[.]co[.]il |
Country
Israel
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Energy
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Profile
Bazan Group operates Israel's largest oil refinery, situated in the Haifa Bay area.
The refinery processes crude oil to produce a range of petroleum products including gasoline, diesel, jet fuel, fuel oil, and liquefied petroleum gas.
In addition to refining, Bazan Group manages an adjacent petrochemical complex that manufactures olefins, polyolefins, aromatics, and other chemical intermediates.
These products are supplied to the domestic Israeli market for transportation, industry, and power generation, and are also exported to customers in Europe, Asia, and Africa.
The facility's refining capacity enables it to meet a significant share of Israel's demand for transportation fuels and related products.
Its location on the Mediterranean coast provides logistical advantages for crude oil import and product export via maritime routes.
Bazan Group's operations are integral to the country's energy infrastructure, supporting both civilian consumption and defense-related fuel requirements.
Bazan Group's operations integrate refining and petrochemical production, allowing it to optimize feedstock use and add value through downstream chemical manufacturing.
The company adheres to Israeli environmental, health, and safety regulations, employing modern emission controls and monitoring systems.
Its reliance on supervisory control and data acquisition (SCADA) systems for process automation was highlighted during the June 2023 cyber incident, when alleged screenshots of these systems were circulated.
In response to the incident, Bazan Group collaborated with its cybersecurity provider Check Point to investigate and confirmed that no operational servers or physical assets were damaged.
Structurally, Bazan Group is a subsidiary of Israel Corporation Ltd., a publicly traded Israeli conglomerate that holds a controlling interest through its energy holdings.
This ownership links Bazan Group to a broader portfolio of industrial and infrastructure investments within Israel Corporation's group.
The company's governance includes a board of directors overseeing strategic decisions related to capital expenditures, market expansion, and risk management.
