Stu TurleyNovember 6, 2020
Oil & Gas 360 Publishers Note: The US Presidential Election is already having a world wide impact. This will be a story to watch to see if the policy will be changed to Iran and peace in the Middle East compromised.
The Iranian parliament yesterday approved a bill requiring the Atomic Energy Organisation of Iran (AEOI) to produce at least 120 kg of 20% enriched uranium annually at the Fordow nuclear site, FARS news agency reports. AEOI is required to start this process within two months and store the enriched uranium inside the country.
On 5 January, Iran took its latest step in reducing its commitments to the Joint Comprehensive Plan of Action (JCPoA), and said it would no longer observe any operational limitations on its nuclear industry, whether concerning the capacity and level of uranium enrichment, the volume of stockpiled uranium or research and development. The E3 – France, Germany and the UK – then triggered the JCPoA’s dispute resolution mechanism.
In June, the International Atomic Energy Agency (IAEA) adopted a resolution calling on Iran to cooperate fully in implementing its NPT Safeguards Agreement and Additional Protocol. In August, IAEA Director General Rafael Mariano Grossi held talks with Ali Akbar Salehi, the head of the AEOI, as well as with President Hassan Rouhani and Foreign Minister Javad Zarif, on access for IAEA inspectors to the country’s nuclear sites.
Iranian parliament (Image: Fars news agency)
Grossi’s visit to Tehran followed the US Administration’s request to the UN Security Council to initiate the ‘snapback’ mechanism of the Iran nuclear deal. This mechanism allows a party to the agreement to seek the re-imposition against Iran of the multilateral sanctions lifted in 2015 in accordance with resolution 2231.