Market
How many EU countries will receive Gazprombank sanctions exemptions by mid-2025?
2
United States•Turkey•Russia•Gazprombank•Ankara•Turkish•Alparslan Bayraktar•Ukraine•Russian•Akkuyu Nuclear Power Plant•Hungary
Resolution / Starting Odds
None • 25%
1-2 countries • 25%
3-4 countries • 25%
5 or more countries • 25%
Official announcements from the European Commission or U.S. Department of State
Story
US Grants Turkey and Hungary Exemptions from Gazprombank Sanctions for Russian Gas Payments
Dec 20, 2024, 07:19 AM
The United States has granted Turkey an exemption from sanctions imposed on Russia's Gazprombank, allowing Ankara to continue making payments for natural gas imports from Russia. Turkish Energy Minister Alparslan Bayraktar confirmed the waiver after a series of discussions with U.S. officials. The U.S. had sanctioned Gazprombank in November due to its involvement in facilitating payments related to Russia's military actions in Ukraine. Turkey, which imports more than 40% of its natural gas from Russia, had been exploring alternative payment methods, including loans from Russian banks and payments through the Akkuyu Nuclear Power Plant. Hungary also received a similar exemption, enabling it to pay for Russian gas through Gazprombank.
View original story
Similar markets
0 countries • 25%
1-2 countries • 25%
3-4 countries • 25%
5 or more countries • 25%
21-30 • 25%
10-20 • 25%
Less than 10 • 25%
More than 30 • 25%
Technology • 25%
Energy • 25%
Shipping • 25%
Military • 25%
0-5 countries • 25%
11-15 countries • 25%
6-10 countries • 25%
More than 15 countries • 25%
6-10 entities • 25%
11-15 entities • 25%
More than 15 entities • 25%
0-5 entities • 25%
Sanctions lifted • 25%
Sanctions extended • 25%
Sanctions modified • 25%
Other • 25%
Transportation • 25%
Oil and Gas • 25%
Financial Services • 25%
Technology • 25%
