Bloomberg: Turkey has requested a discount on gas it imports from Iran, Hurriyet newspaper said, citing Energy Minister Taner Yildiz.
By Benjamin Harvey
Turkey has requested a discount on gas it imports from Iran, Hurriyet newspaper said, citing Energy Minister Taner Yildiz.
Turkey imports 16 percent to 20 percent of its natural gas from Iran, which is its most expensive source of imported gas, the Istanbul-based newspaper quoted Yildiz as saying. The price is unacceptable, so Turkey has requested a discount, he was quoted as saying.
A European Union ban on Iranian oil came into full effect July 1, and analysts expect the sanctions to cut the crude exports of Iran, OPEC’s second-largest producer.
The U.S. military has recently doubled the number of minesweepers in the region, giving it greater flexibility to counter any Iranian effort to mine the Strait of Hormuz at the mouth of the Persian Gulf, where about a fifth of the world’s oil supply passes.