Market
How will Turkey's energy policy towards Russian gas change by 2025?
2
Resolution / Starting Odds
Increase imports • 25%
Decrease imports • 25%
Maintain current levels • 25%
Diversify to other sources • 25%
Official statements from the Turkish government or energy policy publications
Story
U.S. Grants Turkey Exemption from Gazprombank Sanctions for Gas Payments, Minister Bayraktar Says, Handling 40% of Imports
Dec 20, 2024, 06:54 AM
The United States has granted Turkey an exemption from sanctions related to Gazprombank, enabling Ankara to continue making payments for gas imports. Turkish Energy Minister Alparslan Bayraktar announced this development following discussions with U.S. officials, stating that Turkey would be allowed to process its natural gas payments through Gazprombank, which is responsible for handling 40% of the country's gas imports. The exemption is seen as a crucial move for Turkey, which relies heavily on Russian gas supplies. Bayraktar confirmed the waiver in multiple statements, emphasizing its importance for Turkey's energy security.
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Increase domestic production • 25%
Diversify suppliers • 25%
No significant change • 25%
Negotiate new terms with Russia • 25%
No • 50%
Yes • 50%
Through Gazprombank • 25%
Loans from Russian banks • 25%
Other • 25%
Through Akkuyu Nuclear Power Plant • 25%
Primarily alternative sources • 25%
Other • 25%
Primarily Russia • 25%
Diversified sources • 25%
Debt remains stable • 25%
Other • 25%
Debt significantly increased • 25%
Debt significantly reduced • 25%
Domestic production • 25%
Other sources • 25%
Imports from Azerbaijan • 25%
Imports from Russia • 25%
Switches to alternative payment method • 25%
Stops payments • 25%
Other • 25%
Continues as is • 25%
Yes • 50%
No • 50%
Increase • 25%
No change • 25%
Significant decrease • 25%
Moderate decrease • 25%