The Iran Project

Iran gas dispute with Turkmenistan unresolved

Financial Tribune – The National Iranian Gas Company filed a lawsuit against Turkmengaz, the national gas company of Turkmenistan, last year in the International Court of Arbitration.

Despite rumors in sections of the media on Tuesday, which reported that Iran has won the case, no court verdict has yet been issued, a NIGC spokesman said.

“The case is still under review and further investigations are going on. The court has not yet ruled in favor of any party,” ISNA quoted Mohammad Asgari as saying.

Rejecting reports from the rumor mills, he asserted that any new development will be reported by the NIGC.

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