Iran urges U.N. Council patience on sanctions

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Reuters: Iranian Foreign Minister Manouchehr Mottaki urged the U.N. Security Council on Saturday to wait for a report from its atomic watchdog agency before taking any decision on a new sanctions resolution.

Iran fuel imports down 57 pct after rationing-report

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Reuters: Iran’s daily gasoline imports have fallen about 57 percent since the country introduced fuel rationing last June, a senior oil official was quoted on Saturday as saying.

Iran wants OPEC to discuss output cut in March

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Reuters: Iran wants OPEC to discuss cutting crude oil output at the cartel’s next meeting in March as stocks are expected to increase, Iranian Oil Minister Gholamhossein Nozari said on Saturday.

Iran announces new gas field in Gulf

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AFP: A gas field with an estimated 11 trillion cubic feet in reserves has been discovered in the Gulf off the coast of Iran, Oil Minister Gholam Hossein Nozari said on Saturday.

Iran says invited Chad, Sudan leaders to Tehran

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Reuters: Iran has invited the leaders of Chad and Sudan for talks as Chadian rebels battled the army in their most determined offensive in two years, Iran’s foreign minister said on Saturday at an African summit in Ethiopia.

Iran hopes to sign gas field deal with China soon

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Reuters: Iran hopes to finalise a deal with China National Offshore Oil Corp (CNOOC) by the end of March to develop the country’s northern Pars gas field, Oil Minister Gholamhossein Nozari said on Saturday.

Chinese banks cut business with Iranian banks- paper

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Reuters: Chinese banks have cut back business with Iranian banks due to U.S. pressure over Tehran’s disputed nuclear programme, a senior Iranian Foreign Ministry official was quoted as saying in comments published on Saturday.

Iran’s Azadegan oilfield to go on stream next week: paper

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Reuters: Iran’s biggest oilfield, Azadegan, will come on stream next week, a newspaper reported on Saturday, a key project in plans to gradually boost output capacity in the world’s fourth-largest crude producer.

US envoy: Iran gained from US invasions

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AP: Iran is stronger today because of the U.S.-led invasions of Afghanistan and Iraq, the American ambassador to the United Nations said Friday.

Security Council members want more time on Iran sanctions: France

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AFP: France said Friday that some UN Security Council members were asking for more time to consider additional sanctions on Iran over its controversial nuclear program.