MNA According to an informed source in the Iranian Oil Ministry, Iran has won the first phase of a legal case in a dispute over gas against Turkmenistan and the Central Asian country has to pay compensations. After two years that Iran sued Turkmenistan over ceasing gas supplies to Iran during 2017 winter in the International Court of Arbitration ...

Observer Research Foundation | SANKET SUDHIR KULKARNI: Since the last few months, Iran and Turkmenistan have got embroiled in a bitter dispute. The dispute had started brewing last year when Turkmenistan accused Iran of faltering on payments that Iran was obliged to pay for receiving natural gas from Turkmenistan. In turn, Turkmenistan decided to cut-...

Tasnim An Iranian deputy minister said the dispute between Iran and Turkmenistan over natural gas trade has gone to arbitration, noting that both sides have filed lawsuits against each other. In an interview with Tasnim, deputy oil minister and managing director of the National Iranian Gas Company (NIGC) Hamid Reza Araqi said Tehran and Ashgabat ...

Press TV - Iran says it has resumed a strategic scheme that involves swapping Turkmenistans natural gas with equal volumes for exports to Azerbaijan. Amir Hossein Zamaninia, Irans deputy petroleum minister for international affairs and trade, was quoted by media as saying that the scheme that had been halted in January - had been resumed in ...

MNA A senior energy expert Mohammad Aminrad said, as Peoples Republic of China increases gas import volume from Turkmenistan following the construction operation of its fourth gas pipeline, prolongation of gas dispute between Iran and Turkmenistan threatens Irans presence in gas market of this country significantly. With producing more than 10 ...

SHANA The Turkmen ambassador to Tehran says Iran and Turkmenistan need to continue talks to solve technical matters concerning their joint gas projects. Chairman of Iran's Parliament National Security and Foreign Policy Commission Alaeddin Boroujerdi met with Turkmenistan Ambassador to Iran Ahmad Ghorbanov in Tehran on Tuesday. "The relations ...

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Reuters - Tehran is ready to file a case with the International Court of Arbitration (ICA) over the quality and price of gas it receives from Turkmenistan, the Iranian oil minister said on Monday, as a dispute between the two nations over payments escalates. The Central Asian nation stopped gas exports to Iran in January 2017, saying it was owed ...

IRNA The dispute between Iran and Turkmenistan over a natural gas deal has reached its peak after the Central Asian country cut its gas flow to Iran in winter 2017. The negotiations did not lead anywhere, the dispute lasts and the case will most probably be refered to the International Court of Arbitration to as the last resort. The dispute ...

SHANA - Iranian Minister of Petroleum Bijan Zangeneh says Iran has kept doors open for talks with Ashgabat for resolving a gas dispute between the two neighbors. The official, speaking to reporters on Wednesday, said Turkmenistan has never opted for resorting international arbitration over its gas dispute with Iran, adding if the talks fail to reach ...

Press TV - Turkmenistan says it plans to take a dispute with Iran over gas supplies to international arbitration. Reports said on Tuesday that Turkmen President Kurbanguly Berdymukhamedov had the day before discussed the issue with Myrat Archayev, head of state gas firm Turkmengas. Archayev told Berdymukhamedov that talks had fallen through ...

Radio Free Europe Radio Liberty - Energy politics around the Caspian Sea breeds complications, as a recent example involving Turkmenistan, Iran, Turkey, Azerbaijan, and Armenia reminds us. Turkmenistan is in a serious bind. The country has the fourth-largest natural gas reserves in the world but currently has only one customer -- China -- at a time ...

March 4, The Iran Project -Managing Director of National Iranian Gas Company (NIGC) has announced that Iran will start exporting gas to Iraqi city of Basra from next year. Speaking at aConferenceonJCPOAandResistance Economy on Saturday, Hamid Reza Araghi referred to the JCPOAs achievements, explaining before the removal of international sanctions ...

FNA- Iranian Deputy Oil Minister Hamid Reza Araqi underlined that the country does not need Turkmenistan's gas as it does not affect the country's domestic needs. "Gas imports (from Turkmenistan) are not for commercial purposes or to address domestic needs," Araqi, also managing director of National Iranian Gas Company (NIGC), said on Saturday. He ...

Reuters- Turkmenistan is ready to continue talks with Iran after cutting gas supplies to Tehran this month, but also has the right to take the dispute to arbitration, the Central Asian nation's foreign ministry said on Thursday. The ministry said in a statement that Iran's debt stemmed from the National Iranian Gas Company's failure to abide by ...