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2017-09-18 12:20:00

U.S. - IRAN SANCTIONS

U.S. - IRAN SANCTIONS

PLATTS - President Donald Trump on Thursday said that Iran is not keeping with the "spirit" of the 2015 nuclear deal as his administration extended existing waivers on sanctions on Iran's oil sector made under the deal.

Calling the Iran deal "one of the worst deals I've ever seen," Trump told reporters Thursday that "at a minimum the spirit of the deal is atrociously kept."

"We are not going to stand what they are doing with our country," Trump said. "They've violated so many different elements and they've also violated the spirit of that deal."

The International Atomic Energy Agency has said repeatedly that Iran is complying with the agreement, as has the United Nations.

Trump has twice certified Iranian compliance with the Iran nuclear deal, in May and in July, but it remains unclear if he will certify compliance when required to do so on October 15.

"You'll see what I'm going to be doing very shortly in October," Trump said.

On Thursday, the administration extended certain sanctions on Iran's oil and banking sectors that have been suspended since the nuclear deal took place in January 2016.

During a briefing, Heather Nauert, a State Department spokeswoman, said the sanctions were being suspended in order to "maintain some flexibility" as the administration continues to review its Iran policy.

"We continue to look at some of the reckless, malign behavior of the Iranian regime," Nauert said.

Secretary of State Rex Tillerson said Thursday that the administration was still reviewing and developing its policy on Iran, but said Iran is "in default of these expectations" of the nuclear deal.

Iran's oil production, which fell to 2.8 million b/d in 2015, has increased by over 1 million b/d since the nuclear deal went into effect. Iranian crude oil output averaged 3.83 million b/d in August, according to the US Energy Information Administration.

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 IRAN:

 

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Tags: USA, IRAN, SANCTIONS

Chronicle:

U.S. - IRAN SANCTIONS
2018, January, 22, 08:20:00

RUSSIAN NUCLEAR POWER - 2017

WNA - Apart from adding capacity, utilisation of existing plants has improved markedly since 2000. In the 1990s capacity factors averaged around 60%, but they have steadily improved since and in 2010, 2011 and 2014 were above 81%. Balakovo was the best plant in 2011 with 92.5%, and again in 2014 with 85.1%.

U.S. - IRAN SANCTIONS
2018, January, 22, 08:15:00

INDIA'S NUCLEAR POWER - 2017

WNA - India has a flourishing and largely indigenous nuclear power programme and expects to have 14.6 GWe nuclear capacity on line by 2024 and 63 GWe by 2032. It aims to supply 25% of electricity from nuclear power by 2050.

U.S. - IRAN SANCTIONS
2018, January, 22, 08:10:00

CHINA'S NUCLEAR POWER - 2017

WNA - Mainland China has 38 nuclear power reactors in operation, about 20 under construction, and more about to start construction. The reactors under construction include some of the world's most advanced, to give a 70% increase of nuclear capacity to 58 GWe by 2020-21. Plans are for up to 150 GWe by 2030, and much more by 2050.

U.S. - IRAN SANCTIONS
2018, January, 22, 08:05:00

U.S. - RUSSIA'S NUCLEAR

PLATTS - "The domestic uranium mining industry needs US government assistance to survive the foreign onslaught -- particularly from Russia and Kazakhstan -- that has undermined the US uranium industry while new players -- particularly China -- will soon make the situation worse," Energy Fuels and Ur-Energy said in a petition they jointly filed with the department.

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