Tehran, YJC. Deputy Oil Minister says Iran will abide by the international arbiter in its dispute with Turkey over gas.
Deputy Oil Minister of Iran said that Turkey’s suit against Iran on gas export will lead nowhere, asserting that Iran follows the international arbitration in the dispute.
Hamidreza Araqi in interview with Mehr News Agency stated "Turkey has made demands according to the agreement. If it doesn’t lead anywhere, they will be going to ICC or World Trade Organization.”
Pointing out that Turkey’s suit has not yet been proven right he said that the time for the verdict will "depend on the court. It may be from 3 to 6 months from now.”
Also providing comments on Turkey’s claims that Iran’s gas delivery is unstable he said "Right now infrastructure worth billions of dollars has been made. These have gone into stretching the pipeline, pressure boosting installations, and other projects to ensure stable flow of gas to Turkey.”
He pointed out that despite severe cold, this winter Iran has fully provided Turkey with gas, adding "Therefore Turkey’s claims before the international court will lead nowhere.”
Araqi added that Iran will not listen to Turkey demanding discount on gas.
He further asserted
that any discount will depend on increasing export volume in future contracts.
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