Market
What will be the status of Turkey's energy debt by the end of 2025?
2
Resolution / Starting Odds
Debt significantly reduced • 25%
Debt remains stable • 25%
Debt significantly increased • 25%
Other • 25%
Reports from Turkish Ministry of Energy, financial statements
Story
Turkey Exempted from U.S. Sanctions on Gazprombank, Energy Minister Alparslan Bayraktar Confirms Continued Gas Payments
Dec 20, 2024, 06:54 AM
Turkey has received an exemption from U.S. sanctions on Gazprombank, according to Turkish Energy Minister Alparslan Bayraktar. This exemption allows Turkey to continue making payments for gas imports through Gazprombank. Bayraktar stated that the decision followed a series of discussions with U.S. officials, enabling Turkey to manage its natural gas debts without facing penalties related to the sanctions imposed on Russia's Gazprombank.
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Similar markets
Maintain current levels • 25%
Diversify to other sources • 25%
Increase imports • 25%
Decrease imports • 25%
No significant change • 25%
Diversify suppliers • 25%
Negotiate new terms with Russia • 25%
Increase domestic production • 25%
Through Akkuyu Nuclear Power Plant • 25%
Loans from Russian banks • 25%
Other • 25%
Through Gazprombank • 25%
Moderate new reserves discovered • 25%
No new reserves discovered • 25%
Exploration activities delayed • 25%
Significant new reserves discovered • 25%
Natural Gas • 25%
None • 25%
Electricity • 25%
Oil • 25%
No change • 25%
Significant decrease • 25%
Moderate decrease • 25%
Increase • 25%
None • 25%
Oil • 25%
Natural Gas • 25%
Electricity • 25%
Yes • 50%
No • 50%