Boxing Day on Red Square sets new Guinness recordSport July 23, 8:33
Joseph Dunford says Russia most military capable country of those posing threat to USWorld July 23, 4:57
Russia’s US envoy Kislyak steps down, his deputy to act as Charg d'Affaires ad interimRussian Politics & Diplomacy July 23, 1:33
Putin greets KamAZ-Master team - winner of Silk Way RallySport July 22, 15:20
Agreements on East Ghouta zone in Syria signed - Defense MinistryWorld July 22, 14:20
PAK FA offers practically unlimited opportunities to pilot - commanderMilitary & Defense July 22, 11:29
Ukraine's National Broadcasting Board issues fine to Public Radio for 0% Urkainian songsWorld July 22, 5:39
Femen movement activists faces 5 years in jail for trying to frustrate summit meetingWorld July 22, 4:38
Russian Deputy PM dismisses allegations he will arrive in Moldova on warplaneRussian Politics & Diplomacy July 22, 2:46
ST. PETERSBURG, June 16. /TASS/. Russia and Iran mighy soon implement projects for $40 bln, Russian Energy Ministry Alexander Novak said on Thursday at the St. Petersburg International Economic Forum (SPIEF-2016).
‘Currently the total volume of the projects - we calculated with our colleagues, and this figure is probably the same in our estimations - is about $40 bln. This is the minimum level of potential projects that could be implemented in the near future," the Minister said.
Currently, according to Novak, two large contracts are already prepared with Iran totaling $2.5 bln, and sources of funding by lending by the Iranian side have been found. "These are the contracts related to two thermal power plants, four blocks of 350 megawatts in terms of the development of electric power industry of Iran, as well as reconstruction of the railway line," he said.