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Wednesday, May 31, 2006

What will they do with the oil?

Israel Radio reports that Iran announced today that it is going to build two more 1000 mw nuclear reactors, with tenders to be issued within two months.

Iran's Bushehr plant, which is nearing completion, and which is being built by the Russians on the Persian Gulf, is the only 1000 MW plant Iran currently has. Its parliament has approved plans to produce at least 20,000 MW from nuclear power by 2020. Iran's nuclear chiefs believe that using 54,000 centrifuges, they would be able to produce enough enriched uranium to provide fuel for a 1,000-megawatt nuclear power plant.

But according to the Jerusalem Post, Iran's current small-scale enrichment used only 164 centrifuges, which spin uranium gas to increase its proportion of the isotope needed for the nuclear fission at the heart of a nuclear reactor or a bomb.

Iranian Deputy Nuclear Chief Mohammad Saeedi said Iran has informed the International Atomic Energy Agency that it plans to install 3,000 centrifuges at its facility in the central town of Natanz by late 2006, and then expand to 54,000 centrifuges. He did not say when the expansion would take place.

"We will expand uranium enrichment to industrial scale at Natanz," Deputy Nuclear Chief Mohammad Saeedi told state-run television.

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