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February March 6-10, 2000 / Esfand 16-20, 1378
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* World Bank likely to OK Iran loans
* NYMEX crude weakens on OPEC remarks, tight mogas
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* Iran seeks to end U.S. trade ban
* US praises Iran, Saudi support for more OPEC oil
* Iran unlikely to back significant increase in oil output
* Czech lawmakers block export of nuclear equipment to
Iran
* Oil falls on signs Iran may agree to output hike
* U.S. May Lift Sanctions on 3 Iranian Exports
* Iran sells off 85% of carmaker
* Iran warns against hasty decision on oil production
* Iran and Pakistan committed to laying gas pipeline
* MPs give last knock to Iran president's
reforms
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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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Thursday
March 9, 2000
* Iran seeks to end U.S. trade ban
TEHRAN, Iran (AP) - Iran's foreign minister said today his government
sought better trade relations with the United States, particularly the
removal of bans on Iranian goods. ``We would welcome the lifting of U.S.
sanctions on Iranian goods and would consider it as a positive move,''
Kamal Kharrazi told a Tehran news conference >>>
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* US praises Iran, Saudi support for more OPEC oil
WASHINGTON, March 9 (Reuters) - The Clinton administration said Thursday
it welcomed Iran's decision to work with OPEC rival Saudi Arabia in backing
a crude oil production increase that would replenish world supplies in
hopes the move will calm inflation fears and stabilize prices by the end
of April. >>>
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* Iran unlikely to back significant increase in oil output
TEHRAN, March 9 (AFP) - Iran may have accepted in principle to increase
oil production during Wednesday's talks in the Saudi capital, but a Tehran
analyst said Thursday it would remain firmly opposed to any significant
hike in output. "I don't think Tehran will throw its lot into backing
a significant increase in production," the European petroleum industry
analyst told AFP >>>
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Wednesday
March 8, 2000
* Czech lawmakers block export of nuclear plant equipment to Iran
PRAGUE, March 8 (AFP) - The Czech parliament's lower house voted on
Wednesday to block the export of ventilator systems and other equipment
destined for use in the Iranian nuclear power station at Bushehr. >>> FULL
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* Oil falls on signs Iran may agree to output hike
NEW YORK, March 8 (Reuters) - World oil markets went into a tailspin
Wednesday, losing nearly $3 a barrel, amid signs OPEC hardliner Iran may
agree to a production hike by the cartel to help ease soaring prices and
rebuild depleted global stocks. >>>
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Tuesday
March 7, 2000
* U.S. May Lift Sanctions on 3 Iranian Exports
Allowing the sale of carpets, caviar and pistachios would reopen
doors to dialogue, officials say.
By ROBIN WRIGHT
Los Angeles Times
March 7, 2000
WASHINGTON--In what would be a groundbreaking initiative to spur rapprochement
with Iran, the Clinton administration is close to a decision to lift economic
sanctions on Iranian carpets, caviar and pistachios, U.S. officials said
Monday.
The gesture, one of several now being considered, would follow the sweeping
election victory last month by Iranian reformers, ending two decades of
domination by conservatives in Iran's parliament >>>
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* Iran sells off 85% of carmaker
6 March 2000 (Financial Times) -- Iran's main state-holding company
sold 85 per cent of Pars Khodro, the country's third largest car manufacturer,
on Monday in an $82m deal that will consolidate the auto industry and could
strengthen the position of France's Peugeot-Citroen grou >>>
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* Iran warns against hasty decision on oil production
TEHRAN, March 7 (AFP) - Iranian Oil Minister Bijam Namdar Zangheneh
warned Tuesday against any hasty decision by the OPEC member states over
production levels of crude oil, the Iranian news agency IRNA reported.
The current rise in prices on the world markets was transitory and OPEC
members should not take a hasty decision on fixing its production levels,
he told the agency >>>
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* Iran and Pakistan committed to laying gas pipeline
TEHRAN, March 7 (AFP) - Iran and Pakistan reaffirmed Tuesday their commitment
to construct a natural gas pipeline between them, the Iranian oil ministry
said >>>
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Monday
March 6, 2000
* Outgoing conservative MPs give last knock to Iran president's reforms
TEHRAN, March 6 (AFP) - The outgoing conservative majority in the Iranian
parliament, which has blocked President Mohammad Khatami's reforms throughout
his three years in office, on Monday rejected a key section of his budget
just a month before it is due to stand down. After approving Khatami's
budget in principle, MPs voted down a raft of fuel price hikes intended
to balance income and expenditure over the new Iranian year which begins
this month >>>
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