Iran News

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Four major energy companies are closing their offices in Iran due toeconomic sanctions introduced by the USA against Tehran, a spokesmanfor the US State Department said, the BBC reports.The companies include Royal Dutch Shell, French Total, NorwegianStatoil and Italian ENI.Swiss company Naftiran Intertrade Co has decided to stay in Iran.

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The Iranian aviation construction corporation HESA plans to build 30new An-140 planes (the Iranian version is called IrAn-140) by 2015, aspokesman for the company's office in Ukraine said today, NEWS.AMreports, citing Korrespondent.net.Iran started assemblage of An-140 copies in 2001. The number of planesbuilt ranges from 10 to 14, they are all used within Iran. An IrAn-140is worth $15 million.

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The Bushehr nuclear power plant will start producing electricity from the beginning of next year, the Iranian authorities have announced. The postponement is related to the recent dry weather, BBC reports.

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Iran starts final stage of nuclear program

Iran has started the final stage of developing special technology for the production of fuel rods. Iran plans to produce the necessary fuel within a year, Iranian Minister of Foreign Affairs Manuchehr Mottaki said.

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US President Barack Obama has signed a decree allowing the StateDepartment and the Finance Department to introduce sanctions against 8Iranian functionaries guilty of grave violations of human rights,according to US information, RIA Novosti reports, citing the officialspokesman of the White House Robert Gibbs.The document says that these measures are part of the US unilateralsanctions against Iranian functionaries.

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Iran has proposed to Azerbaijan the establishment of a joint bank. Theproposal was made by Iran's deputy vice-president, Ali Aga Mohammadi,the head of the economic affairs control department of the Iranianpresident's office, at a meeting with the chairman of the board ofAzerbaijani Central Bank Elman Rustamov on Wednesday in Baku, Trendreports, citing the Iranian embassy in Azerbaijan.Bank Melli Iran is the only bank in Azerbaijan with Iranian capital.

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Iran is interested in buying oil, gas and oil products from Azerbaijan, the deputy trade minister of Iran, Babek Afgahi, told the vice-president of the State Oil Company of Azerbaijan (SOCAR) at a meeting in Baku today, Trend reports.

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Despite the sanctions introduced by the UN Security Council againstIran, the English-Dutch oil consortium Shell is increasing its oilpurchases from Iran, while other major companies, including BP andReliance Industries, halted their purchases due to the sanctions, IRNAreports.

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Iran said it has begun exporting petrol for the first time, RIA Novosti reports, citing the Iranian National Oil Company. The first consignment of petrol has been exported, the statement said, adding that more would be exported in the near future.

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Russian Minister of Education and Science, Andrey Fursenko, has metIranian Minister of Education and Nurturing, Doctor Hamid Reza HadjiBabai. The Iranian Ambassador to Russia, Mahmoud Reza Sadjadi, was atthe meeting. Fursenko said that he welcomes development of ties andcooperation between Iran and Russia in education and expressed supportfor experience exchange, Iran News reports.

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Russian experts have divergent views on the prospects of breakingmilitary and technical cooperation between Iran and Russia. At around-table discussion dedicated to Russian-Iranian ties, on thebackground of the Russian president joining the anti-Iranian sanctionsof UN Security Council, Radjab Safarov and Mikhail Delyagin expresseddiffering views on President Medvedev refusing to provide S-300missile complexes to Iran. Such actions will have no positive effecton Russia and the Greater Caucasus. It will be a return to Kozyrev'sline of the 90s, Safarov said.

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An earthquake has hit Iran, killing at least 1 and injuring 7, news.amreports. The epicenter of the earthquake was in Fars province, 900 kmfrom Tehran. The earthquake measured 5.7 points.

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Iranian Vice-President Ali Aga Mohammadi is on a visit to Azerbaijan,with his main goal to improve economic cooperation, the head ofeconomic affairs of the Iranian president’s office said, Trendreports.The Iranian delegation consists of people from various sectors of theIranian economy and will discuss development of industry, trade,science, railroad transport, energy, healthcare, bank issues, customs,air freight transport and free trade zones.

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Iran is holding Caspian Sea exercises named "Stable Safety 89", Trend reports, citing the agency IRNA.Units of the chemical and anti-bacteriological defence of the North flotilla of the Iranian military forces are taking part in the drills.

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