Iran may reduce price for gas imported to Turkey by 10 pct
According to a claim filed by Turkey to the International Court of Arbitration, Iran is to reduce the price for gas imported to Turkey by 10 per cent, Sabah newspaper quoted Turkish Energy Minister Taner Yildiz as saying.
Yildiz noted that the issue of the price for Iranian gas could be settled within a year.
Iran and Turkey signed an agreement on the annual supply of 10 billion cubic meters of gas or 30 million cubic meters daily to Turkey in 1996.
According to the Botas state pipeline company, Turkey imported 39.7 billion cubic meters of gas in 2011. Russia ranks first among gas exporters to Turkey, followed by Iran and Azerbaijan.
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