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March 12, 2009       Share:    

Source: http://www.presstv.ir/detail.aspx?id=87661§ionid=351020102

Iran to Finance Ecuadorian Power Plants

[Press TV-Iran] After a meeting with Ecuadorian President Rafael Correa, Iranian Deputy Energy Minister Hamid Chitchian said Iran will finance two new power plants in Ecuador and finance a $40 million loan for business development. In January, Iran approved an extension of a $280 million loan for oil project development in Ecuador.

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