ArabianBusiness.com - Middle East Business News
Saturday, 20 March 2010 01:23 UAE time

YOUR DIRECTORY /

Print Print | Email Email | Discuss this article (0 Comments)
| Share |

Iran to fete nuclear progress

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Tuesday, 08 April 2008
NUCLEAR PARTY: A defiant Iranian president, President Mahmoud Ahmadinejad (pictured) will participate in the celebrations. (AFP)

Iran on Tuesday marks its new national day celebrating the achievements of its controversial nuclear programme with speeches by top officials including President Mahmoud Ahmadinejad.

For the second year the Islamic republic is staging its "national day of nuclear achievement" commemorating the April 2006 anniversary of Iran's first production of uranium sufficiently enriched to make atomic fuel.

The West fears Iran could use uranium enrichment to make a nuclear weapon, and Tehran's refusal to suspend the process has been punished with three sets of UN Security Council sanctions and US pressure on its banking system.

Story continues below
advertisement

On Tuesday morning Ahmadinejad is due to speak at Iran's most important nuclear facility of Natanz, where engineers have built around 3,000 P1 centrifuges at an underground facility to enrich uranium, state media reported.

Iran has in recent months also started experimenting with more efficient P2 centrifuges at an above-ground test facility at the plant - the latest example that it has no intention of giving in to Western demands to halt enrichment.

Ahmadinejad will later attend a major ceremony at 1600 GMT at the headquarters of Iranian state broadcasting in Tehran alongside the head of Iran's atomic energy organisation Gholam Reza Aghazadeh.

Some reports have said Iran has expanded the number of centrifuges at Natanz with more advanced models but this has not been confirmed by Iranian officials.

But they have also hinted that the country is preparing to announce "good news" about progress in the nuclear programme on Tuesday.

Despite the progress made in recent years, Iran is believed to have experienced difficulties in running its existing centrifuges to full capacity.

In its latest report, the International Atomic Energy Agency (IAEA) declared that "the throughput of the (enrichment) facility has been well below its declared design capacity."

Iran's ambassador to the IAEA, Ali Asghar Soltanieh, has said it was "natural in this kind of industry that there are ups and downs once in a while."

Iran insists that its nuclear programme is entirely peaceful and solely aimed at generating energy for a growing population whose supply of fossil fuels will eventually run out.

Russia is providing the fuel for Iran's first nuclear power station with a capacity of 1,000 megawatts which it is building in the southern city of Bushehr. After a series of delays, the station is due to come online later this year.

But Iran has said it wants to produce its own nuclear fuel for almost 20 new nuclear power stations it is planning to build over the next few years to supply a total of 20,000 megawatts of electricity.

Tehran has repeatedly insisted that it has no intention of making concessions over the key issue of uranium enrichment, leading to deadlock in the standoff with the international community.

"The government rejects any package of incentives that calls for the suspension of enrichment or undermines the Iranian nation's nuclear rights," said foreign ministry spokesman Mohammad Ali Hosseini.

Print Print | Email Email | Discuss this article
| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

RELATED LINKS

  1. International Atomic Energy Agency - IAEA»

 EMAIL ALERTS

  1. International Atomic Energy Agency - IAEA

  2. Politics & Economics


CURRENCY CONVERTOR

Tell us your story

Best of 2009 - Special Report

Think Tank

READER COMMENTS

  1. Dubai developers start to repossess units amid defaults 06
    19 Mar ' 10 at 21:34
    Guys,I really can't understand why so many investors are complaining and asking for their money back, the process of law & procedures...   More  »
  2. Atlantis frees Sammy the whale shark 05
    19 Mar ' 10 at 19:34
    Why is it the Atlantis Researchers that are the only ones tracking Sammy?Leads to great suspicions that they simply avoided a public...   More  »
  3. UK expats to face passport costs hike 04
    19 Mar ' 10 at 18:21
    wonderful piece of double speak and rubbish from the F.O. regarding rationale for the change in issuance policy. If we didn't suck...   More  »

Read all user comments >

MORE FROM ARABIANBUSINESS.COM