Iranian state TV is reporting that the country has launched its domestically-built destroyer in the Caspian Sea.

Today's report claimed that president Mahmoud Ahmadinejad inaugurated the guided-missile destroyer Jamaran-2 in the port city of Anzali, about 250kms north-west of Tehran.

The ship is Iran's first heavyweight military presence in the oil-rich sea, where the five surrounding countries - Iran, Russia, Azerbaijan, Kazakhstan and Turkmenistan - have not reached an agreement on exploitation of its resources.

Iran supports equally sharing the sea. But the other four countries have reached agreements on exploiting the resources through mutual pacts, putting Iran's share at about 12%.

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