Turkey files lawsuit against Iran in Arbitration Court

Azerbaijan, Baku, Jan. 31 / Trend A. Taghiyeva / Turkey has today filed a lawsuit against Iran in the International Arbitration Court to challenge the price on gas imported from this country, TRT Haber channel said today. Iran has not agreed to Turkey's demand to reduce the price on gas supplied to this country, Turkish Energy and Natural Resources Minister Taner 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. According to the statistic data of the Turkish State Pipeline Company Botas, Turkey imported 39.7 billion cubic meters of gas from Iran in 2011. Russia ranks first, followed by Iran and Azerbaijan among exporters of gas to Turkey. Do you have any feedback? Contact our journalist at agency@trend.az