March 18, 2012
Oil experts: Iraq will substitute for Iran and it will be the core countries of the Petroleum Exporting
Experts advised the Iraqi government to exploit oil sanctions against Iran and increasing oil production, and raise the volume of exports, stressing that Iraq will become the core of the countries exporting oil to all countries of the world.
The expert on strategy and a member of Transparency International Alaa Shahine that "Iraq is in front of a historic opportunity to exploit the international sanctions on Iran, to increase production and export larger quantities as possible," adding, "Many countries have relied on Iranian oil significantly, but the situation has changed, especially after threat Iran halted the distribution of oil to the European Union and other countries. " Shaheen pointed out that "a slight rise of world oil prices will increase as a result of human consumption and preference for Iran to sell oil to some States to other countries."
Shaheen stressed that the EU will not be affected if Iran decided to stop pumping oil to him, he has a good stock of oil reserves.
For his part, said oil expert Abdul Amir virgins that "the oil licensing rounds by Iraq would help significantly to raise the production process and export it," asserting that "Iraq will take its proper place in the region and it will be important countries and reliable export."
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