Tuesday, June 26, 2007

Iran says they will launch a Nuclear Plant in Oct

Iran's energy minister said on Monday, June 25, the country would launch its first nuclear power plant in October, state-run television reported. A Russian company leading construction of the plant near Iran's southern port of Bushehr, earlier this year delayed its launch, which had been set for September, saying Teheran was behind schedule on payments. But Atomstroiexport said in April that it had agreed on a financing plan with Teheran, setting the stage for the June 25 announcement. "Bushehr nuclear power plant will be launched in October, according to schedule," Iranian television quoted Energy Minister Parviz Fattah as saying. "Power substations and lines for supplying electricity, which would be produced by the plant, are ready to use." The international community fears Iran could be seeking to develop nuclear weapons. Teheran insists its nuclear development is meant only for electricity production.

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