Turkey to sue Iran

Turkey will sue Iran in the International Court of Arbitration to dispute price of gas imported from the country, the Milliyet newspaper quotes Turkish Energy and Natural Resources Minister Taner Yildiz as telling journalists on Monday.

Iran has not agreed to Turkey's demand to reduce the price for gas supplied to this country, Yildiz said earlier. In 1996, Iran and Turkey signed an agreement to supply 10 billion cubic meters of gas to Turkey annually (30 million cubic meters per day). In 2011, export of Iranian gas to Turkey increased by 12 percent compared to 2010. The figure hit 24 million cubic meters of gas per day.


/Trend/