No 01



Iranian Production Unaffected By Earthquake

A major earthquake which devastated the Iranian city of Bam on 26 December, killing more than 25,000 people, has not affected oil installations. A Ministry of Petroleum official was cited by Reuters on 28 December as saying: We have no important oil facilities in that region and oil installations in neighboring areas have not been affected. The area that was hit by the earthquake has no oil production. Oil output has...