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Russia says Iran nuclear plant faces financial problems

10.06.2009

MOSCOW, June 10 (RIA Novosti) - Iran's first nuclear power plant in Bushehr being built by Russia is experiencing problems as Russian banks are refusing to accept Tehran's payments under the project, the Atomstroyexport CEO said on Wednesday.

"Financial problems exist as some Russian banks have refused to accept Iran's payments under letters of credit, forcing us to change the funding scheme," Dan Belenkiy said. "But this is not the Iranian side's fault."

The Russian state nuclear power plant builder has nearly the plant in southern Iran.

Belenkiy said it was too early to talk about the plant's launch date.


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