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Seyyed Massoud Mir-Kazzemi:

Majlis studying bill to ban oil sales to hostile countries

Service : Politic
Tehran, Oct 9, (ICANA) – Head of the parliament's Energy Commission Seyyed Massoud Mir-Kazzemi said that the parliament is studying a bill to reciprocate hostile countries' embargo on Iranian oil supplies with a similar ban on supplies to such countries when they are most in need of Iran's energy exports, which he said will happen in foreseeable future.
Tuesday, October 09, 2012 4:39:17 PM
Majlis studying bill to ban oil sales to hostile countries

Mir-Kazzemi pointed to Iran's rich oil reserves, and stated that given Saudi Arabia and Russia's high volume of oil production, Iran will be the only country which will be able to continue supplying petroleum for the next 150 years.

He predicted that high demand for oil will initiate competition among countries over oil supply and the US will try to endanger energy security of the EU and other emerging economies in future.

Under such cases, Iran will be the sole country that can help other countries in their future clash with the US over energy resources, the lawmaker continued.

"Iran is studying a plan based on which the country will not provide any help to hostile countries when the US and the European countries start a clash over energy in future, except for those countries that are not against us and are accompanying us," Mir-Kazzemi stated.

"That is a plan for the time when, as we expect, the US would threaten energy security of some countries, including the European Union. Our prediction will definitely come true," he added.

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