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Eugene

(61,937 posts)
Mon Feb 17, 2014, 10:05 AM Feb 2014

Iran seeks new Russia reactor in exchange for oil

Source: Agence France-Presse

Iran seeks new Russia reactor in exchange for oil

(AFP) – 53 minutes ago

Moscow — Iran's ambassador to Moscow on Monday said Russia could build the Islamic republic a second nuclear power reactor in exchange for massive oil shipments that have raised grave concern in Washington.

Ambassador Mehdi Sanaei said the two close trading partners have been negotiating Iran's delivery of hundreds of thousands of barrels of oil a day since a meeting at a regional summit in September between Russian President Vladimir Putin and his counterpart Hassan Rouhani.

Russian officials had previously neither confirmed nor denied the discussions. But they stressed that such deliveries would not break existing UN sanctions on the Islamic state.

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The White House last month expressed "serious concern" over the rumoured oil-for-goods swap -- which one Russian report said concerned the delivery of 500,000 barrels of crude per day -- because it could potentially boost Iran's energy exports by more than 50 percent.

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Read more: http://www.google.com/hostednews/afp/article/ALeqM5hE8axHbPFGZFYge1LahFamTJDwVg?docId=1a245714-97c6-43db-9973-0a91e42ae5c1

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