Iran has offered to double export of its gas to Turkey instead of the discount requested by the Turkish side, but Turkey rejected this offer, Hurriyet newspaper wrote on Friday referring to Iranian Oil Minister Bijan Namdar Zangane.
Sources from the Turkish Energy Ministry specified that Iran has refused to supply gas at the discounted price. At the same time Tehran has offered to deliver additional 10 billion cub.m. of gas at a lower price, but Turkey considered this offer “unacceptable.”
Meanwhile, during his visit to Tehran in early April Turkish President Tayyip Erdogan said that Turkey could buy more gas from Iran, if discount is offered.
Iran, which sells its gas to Turkey since 2011, is the second biggest gas supplier to Turkey after Russia and it exports 10 billion cub.m. of gas a year. The price of Iranian gas is not disclosed. According to mass media, it is $490 per 1000 cub.m., which is higher, than Russian and Azerbaijani gas supplied to Turkey. In February 2015 the international arbitrage started consideration of Turkey’s lawsuit against Iran. Turkey demands reduction of Iranian gas price by 25%.