Iran asks Russia to provide $2 bln loan for power plants, railroads

News Service
10:2724/11/2019, Sunday
U: 24/11/2019, Sunday
REUTERS
FILE PHOTO: Russian Energy Minister Alexander Novak attends the Energy Week International Forum in Moscow, Russia October 3, 2019. REUTERS/Evgenia Novozhenina/File Photo
FILE PHOTO: Russian Energy Minister Alexander Novak attends the Energy Week International Forum in Moscow, Russia October 3, 2019. REUTERS/Evgenia Novozhenina/File Photo

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.

"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.

#Alexander Novak
#Russia
#Iran