20.03.2016 - 16:31 [ Mehr News Agency ]

Iran, Turkey reach agreement on gas price

The International Court of Arbitration court ruled against Iran in its gas dispute with Turkey in February, 2016.

Turkey, which buys around 10 billion cubic meters of gas from Iran, opened two separate cases against Iran in 2012. One of the files was over higher gas prices and another was over deficiencies in gas distribution. In the second case, the court sided with Iran.