Iran does not agree to reduce price on gas supplied to Turkey
Azerbaijan, Baku, Jan. 16 / Trend A. Taghiyeva /
Iran has not agreed to Turkey's requirements to reduce the price on gas delivered to this country, Minister of Energy and Natural Resources Taner Yildiz told media, the newspaper Yeni Safak reported today.
"Iran has not agreed to reduce the gas prices, however, Turkey will continue to insist on this," Yildiz said.
In 1996, Iran and Turkey signed the agreement to supply 10 billion cubic meters of gas to Turkey annually (30 million cubic meters per day). In 2011, the export of Iranian gas to Turkey increased by 12 percent compared to 2010. The figure hits 24 million cubic meters of gas per day.
According to the statistics data of the Turkish state pipeline company Botas, Turkey imported 39.7 billion cubic meters of gas from Iran in 2011. Russia ranks first, followed by Iran and Azerbaijan among gas exporters to Turkey.