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* Plans cost cuts of 830 million euros, mostly in 2016 (Adds details)

WASHINGTON, July 6 (Reuters) - The White House said on Monday that any agreement reached with Iran over its nuclear capabilities must be in line with the framework agreement negotiators reached in April.

* Guards are economic and political as well as military power

* Steel, iron ore prices down 15 pct since June (Recasts, adds comment, changes dateline)

MOSCOW, July 6 (Reuters) - Russian Foreign Minister Sergei Lavrov and Iranian Foreign Minister Mohammad Javad Zarif met in Vienna on Monday to discuss process in reaching a deal on Iran's nuclear programme, Russian Foreign Ministry said in a statement.

MOSCOW, July 6 (Reuters) - Gazprom has told pipeline makers to suspend deliveries of pipes for expanding Russia's network to be connected to the proposed Turkish Stream project, an industry source said on Monday.

* Could still be interested in Alstom if assets become available (Releads with comments on portfolio change, adds details on Alstom, one-off charges)

July 6 (Reuters) - Velocys Plc, whose technology is used to convert gas to liquid fuels, said on Monday it suspended Chief Executive Roy Lipski, pending an investigation into "serious allegations" of misconduct.

KIEV, July 6 (Reuters) - Ukraine has ordered state-run energy firm Naftogaz to create a fund worth to $1 billion to finance the purchase, transport and storage of gas, the government said on Monday.

VIENNA, July 6 (Reuters) - Austria launched legal action on Monday against the European Commission over its backing of British plans for the 16 billion pound ($24.9 billion) development of the Hinkley Point nuclear power plant, Chancellor Werner Faymann said.

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