Tehran:  Iran's top nuclear official on Saturday announced that the country is ready to export services related to nuclear energy to other countries.

Fereidoon Abbasi Davani, Director of the Atomic Energy Organization of Iran (AEOI) announced the country’s preparedness in providing nuke services to foreign nations at the inauguration ceremony of an exhibition showcasing the country's nuclear achievements in the southern port city of Bandar Abbas.

Iran can now produce heavy water (deuterium oxide), which is very useful for medical applications, said Abbasi said.

With the recently unveiled third-generation centrifuges, which perform much faster than the previous models and can considerably accelerate the enrichment process, the country can enrich uranium at the level of 20 percent, he added.

Last week, local media reported, scientists and researchers of Iran's Atomic Energy Organisation succeeded in producing and testing the first sample of nuclear fuel rod 'successfully.'

After all the preliminary tests, including the physical and dimensional tests, were conducted successfully, the nuclear fuel bar was fed into the core of Tehran Research Reactor to further study the performance of the produced sample, said the reports.

Iran said Tehran Research Reactor uses the nuclear fuel bar to produce medicines for cancer treatments.