Iran to Seek Arbitration in Turkmenistan Gas Row

By John Lee.

Reuters reports that Iran is ready to file a case with the International Court of Arbitration (ICA) over the quality and price of gas it receives from Turkmenistan.

The ICA is part of the Paris-based International Chamber of Commerce (ICC).

Turkmenistan stopped gas exports to Iran in January 2017, saying it was owed $1.5 billion to $1.8 billion for gas it had delivered to Iran, a claim Iran disputes.

Iran has imported gas from Turkmenistan since 1997 to supply its northern region.

(Source: Reuters)

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