Turkey expects $100m from Greece after court case
Business |
Natural-gas dispute could see crisis-hit Athens pay Turkey millions
Turkeys energy minister has said the country could receive $100 million from Greece after an international court ruled in Ankaras favor over a gas and debt dispute.
The Paris-based International Court of Arbitration ruled yesterday on a case taken by Turkey's state-owned pipeline corporation BOTAS against Greeces natural-gas company DEPA.
Four years ago, unable to repay debt to Turkey, Greece was expected to outline a plan for payment. However, BOTAS officials took the issue to the Paris court, Energy Minister Taner Yildiz, told reporters in Kayseri, central Turkey on Thursday.
"Despite the fact that we are sorry for Greece and what the country is facing now, we have to prioritize our citizens and their needs," Yildiz said, adding that BOTAS and DEPA will negotiate and calculate the amount of the fee which Greece will pay to Turkey.
Anadolu Agency
The Paris-based International Court of Arbitration ruled yesterday on a case taken by Turkey's state-owned pipeline corporation BOTAS against Greeces natural-gas company DEPA.
Four years ago, unable to repay debt to Turkey, Greece was expected to outline a plan for payment. However, BOTAS officials took the issue to the Paris court, Energy Minister Taner Yildiz, told reporters in Kayseri, central Turkey on Thursday.
"Despite the fact that we are sorry for Greece and what the country is facing now, we have to prioritize our citizens and their needs," Yildiz said, adding that BOTAS and DEPA will negotiate and calculate the amount of the fee which Greece will pay to Turkey.
Anadolu Agency
