Turkey renews demand for lower natural gas price from Iran.

By bne IntelliNews April 16, 2012
Energy minister Taner Yildiz said that Turkey renewed its request for a lower price for the natural gas it imports from Iran. Yildiz added that the Iranian side did not accept the renewed request; consequently Turkey will not withdraw its international arbitration case. Turkey took important steps towards securing natural gas from Iraq in return for electricity, Yildiz also said. The minister said Turkey would build power plants on the Iraqi border. The minister also unveiled that the officials are working on a new tiered natural gas pricing method which would be based on the amount of gas consumption.

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