Shrimp with Lime Sauce (Camarao com Molho de Limao)

Ingredients
Serves 4
3 tbsp fresh-squeezed lime juice
1/2 cup water
1 small chili pepper seeded and minced
1 tsp salt
1 lb (500 gr) ready-to-cook shrimp (de-headed, peeled and deveined)
1/2 cup all-purpose flour
1/3 cup butter
2 tbsp extra-virgin olive oil
2 tsp annatto powder (sweet paprika can be substituted)
1/3 cup parsley, finely chopped
1 tbsp cilantro, finely chopped
1/3 cup red bell pepper, diced
 

In a medium-sized mixing bowl combine the lime juice, chopped hot pepper and cold water. Add the shrimp and let stand for 15 minutes at room temperature. Drain the shrimp, reserving the soaking liquid.

Put the flour in a large plastic or paper bag, and dredge the shrimp in the flour, a few at a time. Shake the shrimps to remove excess flour and reserve.

Heat a large, heavy saucepan over medium high heat, then add the butter and olive oil. Melt the butter, but don't let it brown. Reduce heat to medium. Fry half of the shrimp for one minute, stirring constantly with a wooden spoon, then remove them with a strainer and reserve. Repeat with the second half of the shrimp, frying for one minute then reserving.

Add the soaking liquid to the pan in which the shrimp were fried. Add the annatto powder or paprika and bring to a boil, stirring constantly. Add the parsley, the cilantro, the red pepper and the reserved shrimp. Cook for a few minutes, mixing all ingredients thorough and heating the dish through. Remove from heat and place in serving bowl. (Add 1 tbsp. fresh lime juice and stir again, if desired.)

Serve with white rice and a green salad.