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February March 13-17, 2000 / Esfand 23-27, 1378
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* Albright readies Iran announcement
* Iran says U.S. export cover could help food trade
* Turkmens may boost gas supply to Iran to 13 bcm/yr
Previous
* Iran reiterates need for Caspian Sea
legal deal
* U.S. seen easing Iran trade sanctions this week
* Sanctions decision sends US-Iran relations "back
to square one"
* Oil production will meet only domestic demand by 2020
* Clinton extends 1995 sanctions against Iran oil
* World Bank likely to OK Iran loans
* NYMEX crude weakens on OPEC remarks, tight mogas
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Thursday
March 16, 2000
* Albright readies Iran announcement
WASHINGTON (AP) - The Clinton administration is setting the stage for
a major policy announcement designed to encourage reformists in Iran.
Secretary of State Madeleine Albright will make a major speech here Friday
to the American-Iranian Council, a private group based in Princeton, N.J.,
that seeks better relations with Tehran, State Department spokesman James
P. Rubin said today >>>
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* Iran says U.S. export cover could help food trade
TEHRAN, March 15 (Reuters) - Iran said on Wednesday it was ready to
buy farm goods and medicine from the United States, but indicated that
purchases were hampered by a lack of U.S. export guarantees. ``The Americans
have allowed the sale of grain and medicine to Iran to break into a new
market. In any case, we are ready to buy at competitive prices,'' Iranian
Commerce Minister Mohammad Shariatmadari said >>>
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* Turkmens may boost gas supply to Iran to 13 bcm/yr
ASHGABAT, March 16 (Reuters) - Turkmenistan may ship rising volumes
of natural gas to southern neighbour Iran in coming years by boosting the
annual capacity of an existing pipeline to 13 billion cubic metres, Turkmen
officials said on Thursday. Foreign Minister Boris Shikhmuradov told reporters
on the fringes of an oil and gas conference that Turkmenistan could send
up to 13 bcm of natural gas through the Turkmen-Iran pipeline by the end
of 2000 >>>
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Wednesday
March 15, 2000
* Iran reiterates need for Caspian Sea legal deal
TEHRAN, March 15 (AFP) - Iranian President Mohammad Khatami again pressed
the case for a Caspian Sea legal agreement in a meeting with Azeri Foreign
Minister Vilayat Guliyev Wednesday, Iran's official IRNA agency reported.
Khatami said that a uniform Caspian Sea legal agreement would protect the
interests of the states and "ensure that the sea's God-given resources
are available to future generations." >>>
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Tuesday
March 14, 2000
* U.S. seen easing Iran trade sanctions this week
WASHINGTON, March 14 (Reuters) - The United States was expected to ease
some import bans on Iranian goods this week, U.S. officials said on Tuesday,
in what would mark a step toward a thaw in two decades of icy relations.
White House spokesman Joe Lockhart said there might be an announcement
later this week on Iran. Other U.S. officials said the administration would
likely announce an easing of a ban of non-energy imports from Iran, but
had no further details. >>>
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* Clinton sanctions decision sends US-Iran relations "back to
square one"
TEHRAN, March 14 (AFP) - Iran-US relations seemed to be back to square
one Tuesday following Washington's decision to renew economic sanctions
against Tehran, erasing a few timid moves towards dialogue. Foreign ministry
spokesman Hamid-Reza Asefi, quoted by the official news agency IRNA, said
the decision by US President Bill Clinton contradicted recent statements
indicating a softening of Washington's attitude >>>
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* Oil production will meet only domestic demand by 2020
TEHRAN, March 14 (AFP) - Iran's oil production will only be enough to
meet domestic demands by 2020 if energy consumption continues to rise,
the Iran Daily Tuesday quoted an energy expert as saying. Majid Saffariania
also told a seminar on industrial energy consumption management Monday
that 20 percent of Iran's annual domestic electricity output is wasted
in the production and distribution system, the paper said >>>
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Monday
March 13, 2000
* Clinton extends 1995 sanctions against Iran oil
WASHINGTON, March 13 (Reuters) - President Bill Clinton on Monday extended
an order banning oil development contracts with Iran, saying Iran continues
to support ``international terrorism'' and undermine Middle East peace
talks. Clinton said in a statement he was extending the ban he first signed
in March 1995 ``because the actions and policies of the government of Iran
continue to threaten the national security, foreign policy, and economy
of the United States'' >>>
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Friday,
March 10, 2000
* World Bank likely to OK Iran loans
WASHINGTON (AP) - Two loans to Iran, the first in seven years, are likely
to be approved soon by the World Bank over U.S. opposition, bank officials
and representatives of other countries say. Bank and Iranian officials
plan a final round of negotiations in Paris before the end of the month
on the $231 million package, bank officials said. If the talks succeed,
the two projects will go before the bank's 24 executive directors, including
Jan Piercy, the U.S. representative, probably next month >>>
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* NYMEX crude weakens on OPEC remarks, tight mogas
NEW YORK, March 10 (Reuters) - Crude oil futures on the New York Mercantile
Exchange slipped from the day's highs Friday, after late news that the
U.S. wants OPEC to raise output by 2.5 million barrels per day (bpd) capped
the day's drive to edge higher, traders said. NYMEX crude for April delivery
settled at $31.76, slashing the day's modest gains to just seven cents.
The contract was about to hurdle $32, having posted a session high of $31.99,
late when news about the U.S. request to OPEC hit traders' screens.
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