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Edition: U.S. Article Save Email Print Reprints Most Popular Most Shared Six more U.S. banks closed 12:26am EST Obama surprises with Copenhagen summit decision 04 Dec 2009 Firework blaze in Russia nightclub kills at least 103 | Video 7:18am EST The FBI agent inside the Galleon case 04 Dec 2009 Italian court hands Knox 26 years for Briton's murder | Video 6:39am EST Six more U.S. banks closed 12:26am EST Somali sea gangs lure investors at pirate lair 01 Dec 2009 Efforts under way to stem U.S. school dropout problem 02 Dec 2009 The FBI agent inside the Galleon case 04 Dec 2009 Obama surprises with Copenhagen summit decision 04 Dec 2009 Iran says needs 20 nuclear sites: report Ramin Mostafavi TEHRAN Sat Dec 5, 2009 8:07am EST Related News Iran rejects IAEA transparency demand on atom sites Fri, Dec 4 2009 U.S., Germany losing patience with Iran Thu, Dec 3 2009 Iran to review ties with countries over IAEA vote Thu, Dec 3 2009 Iran to enrich uranium to higher level: Ahmadinejad Wed, Dec 2 2009 Iran says to protest over IAEA nuclear resolution Tue, Dec 1 2009 TEHRAN (Reuters) - Iran said on Saturday it needed 20 uranium enrichment plants to provide fuel for its nuclear power plants, an announcement likely to heighten tension with six major powers over the Islamic state's nuclear ambitions. World "To provide fuel for our nuclear power plants, we need to have 20 uranium enrichment plants," the official IRNA news agency quoted Ali Akbar Salehi, head of Iran's Atomic Energy Organization, as saying. In a defiant response to last week's International Atomic Energy Agency vote rebuking Iran for building a second enrichment plant in secret, Tehran said on Sunday it would build 10 more sites like its Natanz underground one monitored by the IAEA. Iran has one nuclear power plant, under construction by Russia. Analysts say Iran will need many years if not decades for such a major expansion of its enrichment capability. The IAEA resolution urged Iran to stop all activities related to enrichment, allow unfettered IAEA inspections and guarantee it is not hiding more sites. Western powers have warned Iran it is rapidly approaching an end-of-year deadline to accept a U.N.-drafted nuclear fuel deal which calls on Tehran to send 75 percent of its low-enriched uranium (LEU) from Natanz to Russia and France to be turned into fuel for a Tehran medical research reactor. The proposal to farm out most of Iran's LEU reserves is aimed at minimizing the risk of the country refining the material to the 80-90 percent grade suitable for a bomb. Foreign Minister Manouchehr Mottaki said the fuel exchange proposal was still on the table, state radio reported on Saturday. "We have three options ... we produce fuel, or exchange it (inside Iran) or buy it from another country," Mottaki said. "NO PLANS" TO WITHDRAW FROM NPT Iran says its enriched uranium is only for electricity generation. But the country's record of nuclear secrecy and lack of power plants to use the low-enriched uranium has convinced the West that Iran is hiding a program to develop nuclear weapons capacity. Iran added to the West's concerns on Friday by saying it will provide the IAEA with the bare minimum of information about its plan to build new sites. Iran's parliament said on Thursday the Islamic state will review its co-operation level with countries that voted against its nuclear activities at the IAEA. The measure passed by a 25-3 margin with six abstentions, smoothed by rare backing from Russia and China, which have blocked global attempts to isolate Iran in the past. Mottaki downplayed the threat. "They still have time to correct their mistake and return to the right path," Mottaki said without elaborating. Iran dismissed on Saturday France's Total from investing in development of the country's phase 11 of the South Pars gas field, state television reported. It was unclear whether that move was related to the threat of retaliation, however. Salehi accused the West of maneuvering to force Iran to leave the Non-Proliferation Treaty (NPT), saying "Iran has no plans to pull out of the NPT." (Writing by Parisa Hafezi, Editing by Sonya Hepinstall) World More from Reuters Firework blaze in Russia nightclub kills at least 103 PERM, Russia (Reuters) - President Dmitry Medvedev on Saturday demanded tough punishment for the owners of a Russian nightclub where at least 103 people died in a blaze and stampede sparked by an indoor firework show. | Video Six more U.S. banks closed Apple acquires music service Lala GM exec expects Germany to contribute Opel aid BHP, Rio seal iron ore joint venture agreement Italian court hands Knox 26 years for Briton's murder | Video » More Top News special report: Most feared man on Wall St? FBI Special Agent B.J. Kang was there for the arrests of Bernie Madoff and Raj Rajaratnam. Who's next? According to court documents and industry sources, Kang may be focusing in on Steven Cohen and hedge fund SAC Capital Advisors. Full Article Video: FBI may be eyeing SAC capital Five facts about SAC Capital Advisors corporate crime Our new home We’ve rebuilt Reuters.com to make the site faster and easier to use, whether you want a quick glance at the top headlines or a longer deep dive into a topic that’s important to you. Full Article Video Tour © Copyright 2009 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal ECVJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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