Iran Energy Minister Due in Moscow Tomorrow
TEHRAN (Tasnim) – Iranian Energy Minister Reza Ardakanian said he would travel to Moscow to hold talks with senior Russian officials about a $5 billion loan from the country.
Speaking to reporters on the sidelines of a cabinet session in Tehran on Wednesday, Ardakanian said he plans to leave Tehran for Moscow on Thursday.
He added that he plans to follow up on a five-billion-dollar loan Russia is going to give Iran.
Russia had agreed to provide a $5 billion loan to Iran for joint infrastructure projects in October 2015, when Russian Energy Minister Alexander Novak travelled to Tehran.
In September 2019, Iran and Russia signed final documents of a deal which allows Moscow to grant the €1.2-billion loan to Tehran for the construction of Sirik power plant in southern Iran.
Back in February, Ardakanian highlighted the country’s self-sufficiency in the area of power generation and said the Islamic Republic is the top producer of electricity in the Middle East.
