Turkey has sued Iran for charging too much and cutting corners in its gas export. It is said that in case Iran is convicted, it will have to pay from 2 to $2.5 billion.
Turkey’s Minister of Energy and Natural Resources Taner Yıldız had recently said that he was 99 percent sure that the court would rule for Turkey and that Ankara is to charge Tehran for $2 billion.
He had asserted "We have told Iran that their gas was too pricy and that if they didn’t settle for negotiations we would have sued to the International Court of Arbitration.”
He pointed out that new phases of the South Pars gas field will provide Iran with the ability to count on more export, adding "If Iran’s share in the Turk market equals that of Russia, then we can talk about the price in a competitive market.”
Oil Minister Bijan Zanganeh said "There have been negotiations between Iran and
Turkey to off the price in case export is doubled. But despite bilateral talks,
Iran has so far not agreed to Turkey’s request on gas.”