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World can’t do without Iranian oil: Tehran official

Posted on 28 November 2011

Iran’s oil and gas reserves are so vast they cannot be excluded from the world market as France is urging the West to do, Mehr news agency Friday quoted the National Iranian Oil Company head as saying.
“Iran possesses massive oil and gas reserves… Thus ignoring Iran in oil and gas exchange will not be acceptable (by the international community),” said Ahmad Qalebani, who is also a deputy oil minister. France’s announcement that it would soon stop importing oil from Iran was hollow, he added………………………………………Full Article: Source


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