BREAKING NEWS

Iran to Russia: Let's establish a nuclear consortium

By JPOST.COM STAFF

AUGUST 26, 2010 14:00

Iran has asked Russia to join forces in establishing a nuclear consortium to supply fuel for the newly operational Bushehr plant, as well as other plants due to become operational in the future.

According to reports, the head of Iran's Atomic Energy Organisation told state news agency IRNA that the proposal to Russia was made "for the creation of a consortium, licensed by that country, to do part of the work in Russia and part of it in Iran."

He continued: "Moscow is studying this offer. We (Iran) should show the world our capability in uranium production and transforming it to nuclear fuel."

On August 21, Russian began fueling Iran's first nuclear power plant in Bushehr.

Although Iran says they currently have enough fuel to operate Bushehr for one year, they have stated that they do not intend to produce all the nuclear fuel domestically in the future.

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