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Tue, 28th February 2017

Anirudh Sethi Report

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Archives of “islamic republic news agency” Tag

IAEA Chief Says Iran Remains Committed to Nuclear Deal

Iran's President Hassan Rouhani, right, welcomes the International Atomic Energy Agency's director-general, Yukiya Amano, as they pose for photos at the start of their meeting in Tehran, Iran, Thursday, July 2, 2015The head of the International Atomic Energy Agency (IAEA) said Iran has shown commitment to its end of the nuclear deal struck last year while visiting Tehran December 18.

Iran has complained about the US extending a sanctions package for another decade. The US says these sanctions are unrelated to the deal; Iran disagrees.

“We are satisfied with the implementation of the [nuclear agreement] and hope that this process will continue,” IAEA Director General Yukiya Amano told the press in the Iranian capital, Reuters reports, citing the IRNA news agency.

“Iran has been committed to its engagement so far and this is important,” he said. Amano was in Tehran to meet head of Iran’s Atomic Energy Organization Ali Akbar Salehi. After the White House said earlier this week that the sanctions bill would become law even without President Barack Obama’s signature, Iran requested a meeting of the Joint Comprehensive Plan of Action (JCPOA) commission to discuss the situation and ordered its scientists to start developing nuclear systems to power ships.  Salehi presented the maritime nuclear propulsion project to Amano and said the country would provide more details on it in three months, according to the Islamic Republic News Agency (IRNA). The initial outline did include what is so far the most controversial issue of the project: the level of uranium-enrichment powering the ships will require.

Iran to Boost Oil Output by 1 Mln Barrels Per Day .CRUDE OIL -Downslide to Continue

Iran hasn’t changed its plans to boost daily production rate of hydrocarbon after the sanctions are lifted, according to the country’s national representative to the Organization of the Petroleum Exporting Countries (OPEC), Mehdi Asali.

 He also noted that Tehran has no plans of starting an “oil price war” with competitive producers.

“We have not moderated our plans regarding increasing output when sanctions are lifted. It will be increased by 500,000 barrels per day, and by another 500,000 barrels per day shortly after that,” Asadi announced on Saturday, as cited by the state news agency IRNA.

Iran and six major international powers (US, Russia, China, UK, France and Germany) reached an agreement on Tehran’s Nuclear Program in July 2015. The deal entailed Iran agreeing to ensure that its nuclear program is of a peaceful nature.

ranian authorities previously have repeatedly called for decreasing total world oil production by 1,5-2 million barrels per day in order to balance the market. However, OPEC colleagues didn’t satisfy the request, and the quotas on hydrocarbon production were raised on the 4th of December.   

Media reported that the production rate was raised from 30 million to 31,5 million per day, which soon led to dropping of oil prices. 

As of 2014, Iran produced 3,4 million barrels daily, which is not significantly lower than the UAE’s production rate. Canada and China produced 4,4 and 4,5 mln per day respectively.   

Iran Says It Has Brought Down Another Foreign Spy Drone

From Reuters:

 
 

Iran’s Revolutionary Guards have brought down a foreign surveillance drone during a military exercise, the official Islamic Republic News Agency said on Saturday.

 

“We have managed to bring down a drone of the enemy. This has happened before in our country,” the agency quoted war games spokesman General Hamid Sarkheli as saying in Kerman, southeast Iran, where the military exercise is taking place.

 

The agency gave no details on who the drone belonged to. Read More