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Iran rejects Turkey request for cheaper gas
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Sunday, 05 Feb 2012
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Tehran Times reported that Iran has not received any official request on the gas price lowering from Turkish Botas Company.

Mr Majid Bojarzadeh spokesman of National Iranian Gas Company said that according to the gas contract between Iran and Turkey both parts could discuss about the price of exporting gas and if the negotiations fail, they can take to international arbitrations.

Earlier, Turkey filed a lawsuit against Iran to the International Arbitration Court because of short supply of Iranian gas to the country.

Mr Taner Yildiz energy minister of Turkey had said in January 16th 2012 that Iran has rejected Ankara's demand for cheaper natural gas adding that going to an international arbitration court over the issue seems inevitable.

He said that we have close cooperation with Iran and we are developing joint projects but we voiced our discomfort to them Iranian officials over the price of the natural gas we import and told them that the prices are high. They did not share the same view with us. We respect their view but we did not reach an agreement, so an international arbitration court seems inevitable.

Mr Yildiz noted that Ankara's talks over the issue with Iranian energy officials follow Turkey's negotiations with Moscow over the price of the imported natural gas from Russia. Turkey routinely reviews and controls the price of the natural gas it imports from Russia, Iran, Nigeria, Azerbaijan and Algeria.

He said that as soon as the two countries reach an agreement, a Turkish delegation could go to Tehran or an Iranian delegation could visit Ankara to end the pricing issue.

(Sourced from tehrantimes.com)

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