Official announcements from the U.S. Department of State or Treasury

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.