• 2 days PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 2 days Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 2 days Syrian Rebels Relinquish Control Of Major Gas Field
  • 2 days Schlumberger Warns Of Moderating Investment In North America
  • 2 days Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 2 days Energy Regulators Look To Guard Grid From Cyberattacks
  • 2 days Mexico Says OPEC Has Not Approached It For Deal Extension
  • 2 days New Video Game Targets Oil Infrastructure
  • 2 days Shell Restarts Bonny Light Exports
  • 3 days Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 3 days Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 3 days British Utility Companies Brace For Major Reforms
  • 3 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 3 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 3 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 3 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 3 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 3 days Rosneft Signs $400M Deal With Kurdistan
  • 4 days Kinder Morgan Warns About Trans Mountain Delays
  • 4 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 4 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 4 days Russia, Saudis Team Up To Boost Fracking Tech
  • 4 days Conflicting News Spurs Doubt On Aramco IPO
  • 4 days Exxon Starts Production At New Refinery In Texas
  • 5 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 5 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 5 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 5 days China To Take 5% Of Rosneft’s Output In New Deal
  • 5 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 5 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 5 days VW Fails To Secure Critical Commodity For EVs
  • 5 days Enbridge Pipeline Expansion Finally Approved
  • 5 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 6 days OPEC Oil Deal Compliance Falls To 86%
  • 6 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 6 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 6 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 6 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 6 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 6 days Aramco Says No Plans To Shelve IPO
5 Picks For A Booming Tech Market

5 Picks For A Booming Tech Market

Technological breakthroughs like artificial intelligence…

How To Play The Next Wireless Revolution

How To Play The Next Wireless Revolution

The global communications boom has…

US “Deeply Troubled” by Iran’s Refusal to Give UN New Nuclear Reactor Plans

US “Deeply Troubled” by Iran’s Refusal to Give UN New Nuclear Reactor Plans

Whether or not Iran plans to develop nuclear weapons is beside the point now, their childish attitude in handling the whole situation has gone beyond a joke.

The latest episode in this long running saga involves Iran’s plans to build a new heavy water reactor in 2014, and the US announcing that it is “deeply troubled” by the refusal to provide the required design information to the UN nuclear watchdog.

Western experts worry that the plutonium waste produced by the Arak reactor could be reprocessed and used to build nuclear bombs. Although Iran says it has no such plans, and will merely use the nuclear material for medical and agricultural research.

Related Articles: Is Iraq Capable of Becoming the Largest Oil Producer in the World

Iran, as a member of the UN is obliged to inform the Vienna-based agency of any nuclear facilities, along with providing design details, as soon as any decision is made to build such a plant.

The UN’s International Atomic Energy Agency (IAEA) has urged Iran to provide the appropriate design data for the new reactor, and says that without it their investors will not be able to monitor the site effectively.

Jospeh Macmanus, the US Ambassador, told the IAEA’s board of governors that the US is “deeply troubled that Iran claims that the IR-40 heavy water reactor at Arak could be commissioned as soon as early 2014, but still refuses to provide the requisite design information for the reactor.

Iran's refusal to fulfil this basic obligation must necessarily cause one to ask whether Iran is again pursuing covert nuclear activities.”

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News