Ali Khayrandish also pointed at the 900 million dollar loan from National Reserve Funds and described it as almost completed. He added that Iran LNG expects to receive this loan in a 45 day period.
Khayrandish mentioned that roughly 700 million dollars has been injected in the ILC project, However the value of implementation is estimated 1 billion and 1 hundred million dollars so far.
Khayrandish added:” Negotiations on another 200 million Euro loan are yet ongoing with a European onsortium along with Mellat bank’s due 200 million loan which ILC will receive it gradually.
Khayrandish predicted early 2012 for the project completion provided that the finance injection goes on good track.
