Europe

Experts: Turkey, Russia likely to agree on gas price dispute

Experts agree that Turkey and Russia will likely agree on gas price dispute and will not wait for arbitration case ruling

01.11.2015 - Update : 06.11.2015
Experts: Turkey, Russia likely to agree on gas price dispute

MOSCOW

The gas price dispute between Turkey’s state-owned pipeline company BOTAS and Russia’s Gazprom is likely to be solved without an arbitration, experts said Sunday.

Turkey has called on the International Arbitration Court to settle a discount dispute between the state-owned companies. 

Russia's Gazprom had announced a 6 percent discount on natural gas purchases from Turkey last December but Turkey demanded a further price decrease.

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