Russian energy minister: Iran asks Russia to provide $2 billion loan for power plants, railroads

 Russian energy minister: Iran asks Russia to provide $2 billion loan for power plants, railroads
  • Clock-gray 18:16
  • calendar-gray 23 November 2019

Iran has asked Russia to provide an additional $2 billion loan for projects including the construction of thermal power plants, hydroelectric power plants, railroads and subway carriages, Russian Energy Minister Alexander Novak said on Saturday, APA reports citing Reuters.

“They’re asking for about $2 billion... They say they were promised $5 billion in 2015... We had loans allocated to them, they ask us to bring the total amount up to $5 billion,” Novak said, without providing further details.

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