2014-07-12 07:10:31

for any possible disruption to Iraqi oil exports for security reasons.

  Majidi said in a press statement seen by "Shafaq News" that “there is no doubt that Iran is capable of giving compensation for any stoppage of Iraqi oil exports”.

He explained that Iran was able to produce 4.2 million barrels of oil a day and it could meet the needs of the market in case of any shortage in supply, noting that Iran is trying to get its share of the global energy market.

He added that the world should realize that Iran is the most secure and stable energy production in the region.

 

The Islamic State of Iraq and Levant “ISIL” organization and its allies from the Baathists and the rest of the armed factions have controlled   since the tenth of this month on regions and cities in Nineveh, Kirkuk, Diyala and Salahuddin provinces after the withdrawal of the Iraqi army from Mosul city.