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2018-05-23 10:21:00

IRAN - EUROPE NUCLEAR

IRAN - EUROPE NUCLEAR

WNNThe European Commission and the Atomic Energy Organisation of Iran (AEOI) have confirmed their continuing commitment towards implementation of the Joint Comprehensive Plan of Action (JCPOA), following a visit by European commissioner for climate action and energy Miguel Arias Cañete to Tehran.

"We met today to confirm the continuing commitment of the European Commission and the Atomic Energy Organisation of Iran towards the implementation of the Joint Comprehensive Plan of Action, and in particular its Annex III which addresses civil nuclear cooperation," Cañete and Ali Akhbar Salehi, president of the AEOI, said in a joint statement on 19 May. "We believe that the continuing implementation of the JCPOA, which was unanimously endorsed by UN Security Council Resolution 2231, is crucial for the development and progress of the region as well as the global peace and security."

"The JCPOA represents the fruit of more than a decade of successful multilateral diplomacy which signifies the imperative of peaceful settlement of dispute and is a key element of the global nuclear non-proliferation architecture," they said. The statement notes that the International Atomic Energy Agency - which is responsible for verifying and monitoring Iran's implementation of its nuclear commitments under the plan - has so far confirmed in ten successive reports that Iran has implemented those commitments. "[F]or its part, the European Union will remain committed to the continued full and effective implementation of the JCPOA, as long as Iran continues to implement its nuclear related commitments," the statement adds.

Since the JCPOA was implemented in January 2016, the European Commission and the AEOI have issued a joint statement on cooperation in the field of nuclear energy setting out guidelines for cooperation in the implementation of Annex III, they note. The two bodies have also held high-level seminars on nuclear cooperation and governance in Brussels and in Isfahan, and adopted a roadmap detailing future cooperation in the field of nuclear R&D. The European Commission has opened up its nuclear research programme for Iranian participation, and exchanges and visits of nuclear scientists have already taken place.

Ongoing projects between the two bodies address nuclear safety cooperation including: a project for stress testing of Iran's first nuclear power plant, Bushehr 1; a project to prepare for the establishment of a nuclear safety centre in Iran, and projects to enhance the capabilities of Iran's Nuclear Regulatory Authority.

The European Commission and the AEOI have also deepened working level contacts aimed at bringing nuclear safety specialists of the both sides together: Iranian specialists have participated in the bi-annual conference of European Union nuclear safety regulator's group ENSREG and have also participated in the peer review of the stress test of a reactor under construction. Iranian specialists also were invited to the launch of the EU's Samira project on non-power applications of nuclear energy and nuclear technology, and Iran and the EU are currently preparing a technical seminar on the issue of third-party nuclear liability and insurance, they said.

"The European Commission is also strongly supporting Iran's endeavours in governing the safe and responsible use of nuclear energy, including accession to the relevant international conventions," the statement notes.

"We welcome the strengthening of ties at all levels and look forward to their further development over the coming months and years."

A third high level seminar on nuclear cooperation will take place in Brussels at the end of November 2018.

US President Donald Trump on 8 May announced the termination of the USA's participation in the JCPOA, directing the US administration to begin the process of re-imposing sanctions on Iran.

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Earlier:

 IRAN & VENEZUELA SANCTIONS
2018, May, 21, 11:00:00

IRAN & VENEZUELA SANCTIONS

NYT - China and India are the biggest buyers of Iranian crude, but they also provide markets for 40 percent of Venezuelan exports, which have been plummeting under the weight of mismanagement, debt and American financial sanctions.

 EU & IRAN SANCTIONS
2018, May, 21, 10:55:00

EU & IRAN SANCTIONS

SHANA - Climate Action and Energy Commissioner Miguel Arias Cañete met Iranian Minister of Petroleum Bijan Zangeneh in his Tehran office on Saturday in a bid to protect Iran's oil trade following US withdrawal from the nuclear deal.

 СОТРУДНИЧЕСТВО ИРАНА И ЕС
2018, May, 21, 10:50:00

EU - IRAN COOPERATION

IRNA - since banning Iran’s oil exports was the first sanction imposed by the US, in their statement, Europeans has put extra emphasis on the continued sale of Iran’s oil and gas condensate petroleum products and petrochemicals and related transfers.

 NO IRAN SANCTIONS
2018, May, 18, 09:05:00

NO IRAN SANCTIONS

REUTERS - European Union leaders united behind the 2015 accord, and Brussels announced it would launch a legal process banning EU-based firms from complying with the sanctions that President Donald Trump has reimposed on Iran.

 GLOBAL IRAN SANCTIONS
2018, May, 14, 11:35:00

GLOBAL IRAN SANCTIONS

PLATTS - Trump's plan to leave the Iran nuclear deal and reimpose sanctions could have major impacts for global oil, natural gas, metals and petrochemical markets.

 IRAN IMPLEMENTS COMMITMENTS
2018, May, 14, 11:25:00

IRAN IMPLEMENTS COMMITMENTS

IAEA - As of today, the IAEA can confirm that the nuclear-related commitments are being implemented by Iran.

 

 U.S. - IRAN SANCTIONS ALWAYS
2018, May, 10, 13:25:00

U.S. - IRAN SANCTIONS ALWAYS

U.S. DT - President Donald J. Trump announced his decision to cease the United States’ participation in the JCPOA and begin reimposing U.S. nuclear-related sanctions on the Iranian regime. Treasury’s Office of Foreign Assets Control (OFAC) is taking immediate action to implement the President’s decision. Sanctions will be reimposed subject to certain 90 day and 180 day wind-down periods. At the conclusion of the wind-down periods, the applicable sanctions will come back into full effect.

Tags: IRAN, EUROPE, NUCLEAR

Chronicle:

IRAN - EUROPE NUCLEAR
2018, August, 17, 11:30:00

U.S. INDUSTRIAL PRODUCTION UP 0.1%

U.S. FRB - Industrial production edged up 0.1 percent in July after rising at an average pace of 0.5 percent over the previous five months. Manufacturing production increased 0.3 percent, the output of utilities moved down 0.5 percent, and, after posting five consecutive months of growth, the index for mining declined 0.3 percent. At 108.0 percent of its 2012 average, total industrial production was 4.2 percent higher in July than it was a year earlier. Capacity utilization for the industrial sector was unchanged in July at 78.1 percent, a rate that is 1.7 percentage points below its long-run (1972–2017) average.

IRAN - EUROPE NUCLEAR
2018, August, 17, 11:25:00

NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD

NPD - Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of 64 000 barrels per day compared to June.

IRAN - EUROPE NUCLEAR
2018, August, 17, 11:20:00

GAZPROM NEFT NET PROFIT UP TO 49.6%

GAZPROM NEFT - For the first six months of 2018 Gazprom Neft achieved revenue** growth of 24.4% year-on-year, at one trillion, 137.7 billion rubles (RUB1,137,700,000,000). The Company achieved a 49.8% year-on-year increase in adjusted EBITDA, to RUB368.2 billion. This performance reflected positive market conditions for oil and oil products, production growth at the Company’s new projects, and effective management initiatives. Net profit attributable to Gazprom Neft PJSC shareholders grew 49.6% year on year, to RUB166.4 billion. Growth in the Company’s operating cash flow, as well as the completion of key infrastructure investments at new upstream projects, delivered positive free cash flow of RUB47.5 billion for 1H 2018.

IRAN - EUROPE NUCLEAR
2018, August, 15, 11:10:00

OIL PRICE: NEAR $72

REUTERS - Front-month Brent crude oil futures LCOc1 were at $72.34 per barrel at 0648 GMT, down by 12 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 23 cents, or 0.3 percent, at $66.81 per barrel.

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