Turkey may take natural gas price issue with Iran to arbitration.

By bne IntelliNews January 17, 2012
Energy minister Taner Yildiz said that Turkey demanded a lower natural gas price from Iran but it rejected and the sides could not find a midway solution. It appears that bringing the natural gas price issue to an international arbitration is inevitable, Yildiz added. Technical committees from the two countries are regularly holding talks but these talks have failed to produce a result and this is the last week of talks to find a solution, the minister said.

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