Aswan Dam allies in the Middle East, including Turkey and Iraq, were irritated and jealous that Egypt, a persistently neutral country, was being offered so much aid. In June 1956, the Soviets offered Nasser $1.12 billion at 2% interest for the construction of the dam. On 19 July the U.S. State Department announced that American financial assistance for the High Dam was "not feasible in present circumstances." On 26 July 1956, with wide Egyptian acclaim, Nasser announced the nationalization of the Suez Canal as well as fair compensation for the former owners. Nasser planned on the revenues generated by the canal helping
Maskeliya Dam Maskeliya Dam The Maskeliya Dam (also known as the Maussakelle Dam) is a large gravity dam at Maskeliya, in the Central Province of Sri Lanka. Along with the Castlereigh Dam, the dams are the highest point and beginning of the Laxapana Hydropower Complex, involving a number of dams, penstocks, and hydroelectric power stations. The dam creates the Maskeliya Reservoir over the route of Maskeliya Oya, a major tributary of the Kelani River, which is the 4th longest in the country. A penstock from the Maskeliya Reservoir, measuring in diameter, transfers water directly to the Canyon Hydroelectric Power Station, located further