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Russia says bank problems delaying Iran nuclear plant

Russia says bank problems delaying Iran nuclear plant

Washington, 10 June (WashingtonTV)—In an interview with the Interfax news agency published on Wednesday, the head of Russia’s nuclear contractor, Atomstroiexport, said that the completion of Iran’s first nuclear power plant was being delayed by Russian banks refusing to work with Tehran.

The state-owned Atomostroiexport is building the nuclear power plant in the southwestern Iranian city of Bushehr, along the Persian Gulf. The project has experienced numerous delays, including some linked to disagreements over payment terms.

“The problems with financing exist because not all Russian banks are ready to work with Iran, and we have to find alternative options,” Atomstroiexport head, Dan Belenky, told Interfax, according to AFP.

http://televisionwashington.com/floater_article1.aspx?lang=en&t=2&id=11149

June 11, 2009 - Posted by | business and costs, Iran | , , ,

1 Comment »

  1. Ahmadinejad and the elections.

    http://ruben2008.wordpress.com/2009/06/11/why-ahmadinejad-will-lose-these-elections/

    ruben2008's avatar Comment by ruben2008 | June 11, 2009 | Reply


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