Iran to Take Gas Dispute With Turkmens To Int’l Court
TEHRAN (PressTV) - Iran plans to take Turkmenistan to international arbitration over the price and quality of gas it has imported from the Central Asian neighbor, Minister of Petroleum Bijan Zanganeh says.
“Iran plans to sue TurkmenGaz over the quality of the delivered gas. We have another complaint to file with the International Court of Arbitration in order to have the company reconsider the price of the exported gas because we believe it is too high and has to be lowered,” he said.
Turkmenistan stopped gas exports to Iran about this time last year, demanding quick payment of what it views as arrears which are disputed by Tehran.
The row dates back more than a decade related to Iran’s imports of gas for distribution in its northern provinces, especially during the winter, because the country’s natural gas fields are mostly located in the south.
Turkmenistan claims Iran owns it about $1.8 billion, but Zanganeh reiterated that the figure is not correct.