Monday 28 April 2014

​Russia and Iran strike $10bn energy deal — RT Business

​Russia and Iran strike $10bn energy deal — RT Business:



"Iran and Russia are negotiating a power deal worth up to $10 billion. The negotiations include the construction of new thermal and hydroelectric plants and a transmission network.



Iran’s Energy Minister Hamid Chitchian met his Russian counterpart Alexander Novak in Tehran to discuss the power deals, according to the Mehr news agency. They include the possibility of Russia exporting 500 megawatts of electricity to Iran.



Moscow is discussing with Tehran the trade of 500,000 barrels a day of Iranian oil for Russian goods. The deal could be worth as much as $20 billion, and has rattled Washington because it could bring Iran's crude exports above a one million barrels a day which is the threshold agreed upon in the nuclear deal."



'via Blog this'

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