COVID-19 Latest
Turkmenistan|business|January 26, 2017 / 05:56 PM
Iran to sue Turkmengaz for halting gas exports

AKIPRESS.COM - The National Iranian Gas Company will sue the Turkmengaz Company for halting exports to Iran, NICG Chief Hamidreza Araqi announced on Tuesday, Fars news agency reports.

"Iran will soon take legal action against Türkmengaz Company for bringing gas exports to a halt," Araqi told reporters.

He went on to say that contrary to the minute which was inked between NIGC and Türkmengaz in closing days of 2016, the Turkmen side terminated gas exports to Iran on the first day of 2017.

"Turkmengaz cut gas exports to Iran on alleged miscalculations in payments though they have so far refused to hold negotiations with NIGC over the issue and stopped gas deployment contrary to provisions of the contract," Araqi added.

Turkmenistan wants to receive gas price for Iranian years of 1386-87 the amount of 1.8 billion dollars - Iran made objection to.

Following Ashgabat ultimatum to stop gas flow to Iran, an Iranian delegation departed for Turkmenistan.

The Iranian delegation cut short the negotiations in late December and decided to come back home because of Turkmen insistences on their stances, but upon the Turkmen request, the Iranian delegation returned from airport to the negotiating table and finally senior officials of Turkmenistan said that the gas exchange between the two countries will continue.

All rights reserved

© AKIpress News Agency - 2001-2024.

Republication of any material is prohibited without a written agreement with AKIpress News Agency.

Any citation must be accompanied by a hyperlink to akipress.com.

Our address:

299/5 Chingiz Aitmatov Prosp., Bishkek, the Kyrgyz Republic

e-mail: english@akipress.org, akipressenglish@gmail.com;

Follow us:

Log in


Forgot your password? - recover

Not registered yet? - sign-up

Sign-up

I have an account - log in

Password recovery

I have an account - log in