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Iran OPEC government warns Arab oil producers
http://uk.reuters.com/article/2012/01/15/uk-iran-oil-khatibi-idUKTRE80E0B320120115(Reuters) - Iran's Gulf Arab neighbours should not raise their production to replace Iranian oil if the European Union goes ahead with a ban on Iranian crude imports, Iran's OPEC governor said on Sunday.
The EU has agreed in principle to ban imports of Iranian oil, while the United States has pressured Asian buyers to reduce imports to starve Tehran of revenue for its disputed nuclear programme.
Asian leaders from some of Iran's biggest oil sales markets are already touring the Middle East to secure supplies, as tension over Iran's nuclear plans builds, while European buyers may rely more heavily on Arab oil producers should an EU ban come into effect.
Iran OPEC Governor Mohammad Ali Khatibi said Tehran would see any move to fill in for Iranian crude as Gulf Arab oil producers siding with Iran's western opponents.
