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Iran is capable of producing nuclear fuel for ships but has no immediate plans to upgrade the level of its uranium enrichment, the nation's nuclear chief was quoted as saying in Sunday.

Fereidoun Abbasi said if it decides to, Iran would first declare its need for higher grade enriched nuclear fuel to the U.N.'s International Atomic Energy Agency. Iran is currently enriching uranium to 20 percent.

Abbasi's comments were reported by the semi-official Mehr news agency.

An Iranian parliamentary committee has approved a bill requiring the government to design nuclear-powered merchant ships and provide them with nuclear fuel.