(EnergyAsia, November 30, Friday) — Iran has agreed to lend Sri Lanka $1.5 billion to help fund housing, power and irrigation projects and an expansion of the island’s only oil refinery. The agreement covering eight Memoranda of Understanding was signed in Tehran this week by Sri Lanka’s President Mahinda Rajapaksa and his Iranian counterpart, Mahmoud…
SRI LANKA: Iran to lend $1.5 billion for infrastructure, oil refinery works
Posted on November 29, 2007 by EnergyAsia