Turkey’s energy minister has said the country could receive $100 million from Greece after an international court ruled in Ankara’s 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 Greece’s 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.
