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Dec 14-18, 1998 / Azar 24-28, 1377
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Today
* Iran meets EU talk politics and economics
* Oil price bounce gives little hope
* Farm-St. lawmakers pressure Clinton
* U.S. urged over Iran crop purchases
* Iran rejects Azeri protest over Caspian deal
* Iran said to be best asia oil route
* U.S. warns Russia on Iranian nuclear program
* Iran arms dealer sentenced 5 years
Previous
* U.S. senators want sanctions lifted for wheat sales
to Iran
* Iran wholesale prices up 11.7pct in eight months
* Iran wants quota row end before any oil cuts
* OPEC output climbed by 710,000 bpd in Nov-MEES
* Iran, Tajikistan agree to build power plants, dams
* Iran signs Caspian oil deal
* Iran awaiting OPEC response over key output claim
* Iran to attend UAE arms show, official says
* Turks ignore U.S. wishes and opt for Iran pipeline
* U.S. says no Turkey decision on Iran pipeline
* Iran condemns attack on Americans
* Shell drops plans for pipeline across Iran
* Iran delays oil opening plans amid price gloom
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Updated December 18, 1998
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Friday,
December 18, 1998
* Iran meets EU talk politics and economics
Dec 18, (BBC) - Senior officials from Iran and the European Union have
begun talks in the Austrian capital, Vienna, on economic, political and
human rights issues. The officials also discussed the recent killings
of a number of Iranian writers and opposition figures, suspected to have
been carried out by conservative Iranian elements opposed to President
Mohammmed Khatami's reforms ... FULL
TEXT
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* Oil price bounce gives little hope
LONDON, Dec 17 (Reuters) - Crude oil prices may have found a floor
after tumbling to their lowest levels in 12 years but that shouldn't boost
next year's modest growth outlook for emerging market countries, analysts
said on Thursday. Even with the overnight U.S-British missile attack on
oil-producing Iraq, they were not inclinded to reconsider prospects for
oil producers ... FULL
TEXT
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Thursday
December 17, 1998
* Farm-St. lawmakers pressure Clinton
Wednesday
December 16, 1998
* U.S. urged over Iran crop purchases
December 16, 1998, WASHINGTON (AP) - Farm-state lawmakers urged the
Clinton administration Wednesday to let Iran buy $500 million worth of
American wheat, corn, sugar and other agricultural products. The sale,
which would require a waiver of trade sanctions that date back to the 1979
hostage crisis, would provide a ``significant economic boost'' for farmers,
the 32 lawmakers said in a letter to President Clinton ... FULL
TEXT
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* Iran rejects Azeri protest over Caspian deal
TEHRAN, Dec 16 (Reuters) - Iran on Wednesday rejected Azerbaijan's protest
against a Caspian oil exploration study between Tehran and foreign companies
in the latest row over the new energy frontier, the official news agency
IRNA said. It quoted Foreign Ministry spokesman Hamid Reza Asefi as saying
the protest was `lacking legal basis based on the existing treaties.''
... FULL
TEXT
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* Iran said to be best asia oil route
Thursday, December 17, TEHRAN, Iran (AP) - President Mohammad Khatami
says Iran is likely to emerge as the main route for Central Asian oil and
gas, despite U.S. efforts to seek alternate routes. The official Islamic
Republic News Agency quoted him Wednesday as saying that European countries
were seeking the best route and were unlikely to be swayed by the United
States ... FULL
TEXT
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* U.S. warns Russia on Iranian nuclear program
WASHINGTON (Reuters) - The United States Wednesday warned it would impose
fresh sanctions and curb expansion of the lucrative space launch market
if Russia fails immediately to halt cooperation with Iran's nuclear and
missile programs. ``Because of our concerns, we have already substantially
curtailed USG (government) programs with key Russian nuclear entities,''
State Department spokesman James Rubin said ... FULL
TEXT
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* Iran arms dealer sentenced 5 years
Tuesday, December 15, 1998 NORFOLK, Va. (AP) - A New York-based international
arms broker who masterminded a scheme to sell F-14 engine parts to Iran
was sentenced Tuesday to five years in prison and fined $125,000. ``I am
ashamed for what I have done,'' Parviz Lavi told U.S. District Judge Rebecca
Beach Smith. ``Mr. Lavi, you should be ashamed of what you did. They are
shameful actions,'' as well as a threat to national security, the judge
said before imposing the maximum sentence. The judge also ordered three
years supervised probation after Lavi finishes his prison term ... FULL
TEXT
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Tuesday
December 15, 1998
* U.S. senators want sanctions lifted for wheat sales to Iran
WASHINGTON (Reuters) - Iran wants to buy $500 million worth of U.S.
farmgoods, a sale prohibited by current U.S. economic sanctions, North
Dakota Sen.Byron Dorgan said Tuesday. Dorgan, a Democrat from a major wheat-growing
state, urged the ClintonAdministration to change sanctions policy to automatically
exempt food to helpboost American farm exports ... FULL
TEXT
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* Iran wholesale prices up 11.7pct in eight months
TEHRAN, Dec 15 (Reuters) - Wholesale prices in Iran rose 11.7 percent
in the first eight months of the Iranian year starting on March 21 compared
with the same period last year, the official IRNA news agency reported.
IRNA said Central Bank figures showed the wholesale index rose 10.8 percent
in the month from October 23 to November 21 compared to the same month
in the previous year ... FULL
TEXT
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* Iran wants quota row end before any oil cuts
DUBAI, Dec 15 (Reuters) - Iran wants the troubled OPEC cartel to resolve
theheated issue of oil output quotas assigned after the 1990-1991 Gulf
crisis before itconsiders joining any new production cut moves, an Iranian
oil source saidTuesday. ``The issue of Iraqi supplies and the quotas should
be on the table before any newoutput cut decisions are taken. Iran wants
this on the table,'' the source, whorequested anonymity, told Reuters by
telephone from Tehran. ``This has to be on the agenda of any meetings to
consider new output cuts,'' headded ... FULL
TEXT
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* OPEC output climbed by 710,000 bpd in Nov-MEES
NICOSIA, Dec 14 (Reuters) - OPEC lifted its production by 710,000 barrels
per day (bpd) in November, a serious setback to the cartel's efforts to
rein in supplies, the Middle East Economic Survey (MEES) reported on Monday.
The newsletter said OPEC raised its production to 27.56 million bpd in
November, compared to 26.85 million bpd in October. On that basis, MEES
calculated that OPEC's compliance with the 2.6 million bpd production cuts
pledged by the cartel this year dropped to an average of 73 percent in
November against 93 percent in October ... FULL
TEXT
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* Iran, Tajikistan agree to build power plants, dams
TEHRAN, Dec 15 (Reuters) - Iran and Tajikistan agreed on Tuesday to
cooperate in building dams and power plants in the Central Asian state
and to boost contacts in areas including defence, Iranian state television
reported. The projects were among nine cooperation accords signed by the
two countries at the end of a visit by Tajik President Imomali Rakhmanov,
it said without giving details of the defence agreement ... FULL
TEXT
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Monday
December 14, 1998
* Iran signs Caspian oil deal
Dec 14, (BBC) - Two western oil companies, Shell and the British-based
Lasmo,have signed an agreement with Iran to explore for oil in the Caspian
Sea. The agrement with the National Iranian Oil Company will run for eighteen
months and could lead to drilling operations... FULL
TEXT
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* Iran awaiting OPEC response over key output claim
LONDON, Dec 14 (Reuters) - Iran is waiting for a response from fellow
OPEC members on the dispute over its production allocation, a senior Iranian
official said on Monday. Iran wants OPEC to recognise that its production
quota should have been set some 300,000 barrels per day (bpd) higher than
in the group's official June agreement when the cartel sliced output for
the second time this year. ``We have fully explained our position in writing
and we are waiting for feedback,'' said the Iranian official ... FULL
TEXT
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* Iran to attend UAE arms show, official says
ABU DHABI, Dec 14 (Reuters) - Iran will take part for the first time
in the Middle East's biggest arms show in the United Arab Emirates next
March despite a territorial dispute between the two Gulf states, a senior
UAE official said on Monday. Brigadier Sultan al-Suweiditold reporters
Iran would be among several states to participate for the first time in
the annual event ... FULL
TEXT
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* Turks ignore U.S. wishes and opt for Iran pipeline
December 13, (Washington Post) - Turkey has decided to defy the Clinton
administration by completing a natural gas pipeline from Iran, U.S. and
Turkish officials said last week. Although the U.S. government has vigorously
promoted pipeline routes in energy-rich Central Asia that bypass Iran,
Turkey's pressing need for gas means that Ankara is willing to ignore the
wishes of its NATO ally in Washington, Turkish officials said... FULL
TEXTTEXT
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* U.S. says no Turkey decision on Iran pipeline
WASHINGTON, Dec 14 (Reuters) - The U.S. State Department said on Monday
it believed Turkey had made no decision on whether to complete building
a natural gas pipeline that would bring gas from Iran. ``It is our understanding
... that Turkey has made no decision to bring gas from or through Iran
so long as Turkey's requirements can be met from other sources, specifically
from a trans-Caspian alternative,'' deputy spokesman James Foley told reporters
... FULL
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