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Iran Energy Ministry Settling Debts to Local Contractors

Iran Energy Ministry Settling Debts to Local Contractors Iran Energy Ministry Settling Debts to Local Contractors

The Energy Ministry has paid $900 million of its debt to private contractors over the past nine months.
Reza Ardakanian, the energy minister, made the statement in the opening ceremony of the 34th International Power System Conference (PSC) in Tehran on Monday, IRNA reported.
“The ministry owes $2.5 billion to private companies,” said.

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