Turkmenistan is adjusted to export further natural gas to Iran though "one good turn deserves another"
The Iranian side made a right choice, having suspended judicial proceedings with the Turkmen side what declared the Head of the National Iranian Gas (NIGC) Company Hamid Reza Araki. The National Iranian Gas Company for an extended period, violating the “take or pay” principle, did not proceed of the Turkmen gas in due volumes. In addition, due to non-compliance by NIGC of the financial liabilities under the contract, the impressive debt of the Iranian company to “Turkmengaz” State Concern…
