08 July 2005 05:28 [Source: ICIS news]
“We have not received any reports of fatalities or casualties at our
A source close to BP also said that the company’s London-based staff were not affected by the blast. However, BP had advised that only the essential staff report for work in the central
A major industry player close to both companies said that he did not anticipate the blast to have a direct impact on chemicals demand or supply. “Any long-term impact on the chemicals market will depend on how the global economy responds to what many perceive as a terrorist attack.”
“The most observable impact in the short term would be a fluctuation in crude oil prices that will affect trading and market sentiment. I think global chemical market players are now watching how the crude oil market responds to the blasts but any major impact on the chemicals sector still remains to be seen,” he said.
The four bomb blasts, which ripped through the transport system during
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