Iranian President Mahmoud Ahmadinejad has criticized a contract to sell Iran's gas to the United Arab Emirates-based Crescent Petroleum Company, describing it as unfair, the Iranian government-controlled international news network Press TV reports on its Web site Friday.
Ahmadinejad said the contract was based on an unacceptably low price and the deal had been tarnished by corruption. Crescent has denied any corrupt practices and said there was "clearly a misunderstanding," Press TV reports.