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2015-11-05 19:40:00

TURKEY WANTS MORE

TURKEY WANTS MORE

Turkey said in February it struck a deal giving it a 10.25 percent price discount on gas from Russia's Gazprom but that accord was not signed and state pipeline operator Botas said last week it had appealed to the International Chamber of Commerce (ICC) after months of fruitless talks. "An agreement was clinched on the 10.25 percent, therefore we are taking that as our base level, but will seek a higher discount at international arbitration," Alaboyun said in an interview.

A spokesman at Gazprom said last week the possibility of an out-of-court settlement remained. Alaboyun did not rule that out either. "If Russia agrees on the 10.25 percent price discount, the problem could…

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Tags: TURKEY, RUSSIA, GAS, GAZPROM
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