What will be Turkey's energy payment arrangement with Gazprombank by December 2025?
Continues as is • 25%
Switches to alternative payment method • 25%
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Official announcements from Turkish Energy Ministry or Gazprombank
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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Through Gazprombank • 25%
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Loans from Russian banks • 25%
Through Akkuyu Nuclear Power Plant • 25%
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Debt significantly reduced • 25%
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