10.05.2023, 17:13
Russia granted Turkey a $600 million deferral on gas payments
Source: OREANDA-NEWS
OREANDA-NEWS According to Reuters sources, in the future, "Turkey's deferred payments for Russian energy resources may reach $4 billion"
Turkey has agreed with Russia to defer payments for gas in the amount of $ 600 million until 2024, citing sources told Reuters.
According to the agency, this is the first such postponement under the agreement, which Ankara announced last week. According to him, "deferred payments to Turkey for Russian energy resources can reach $4 billion," the interlocutors tell Reuters.
According to the agency, the transfer of payments will ease the pressure on Turkey's foreign exchange reserves, which have been depleted by unconventional economic policies aimed at supporting the lira, as well as rising energy prices. Last year, Turkey's spending on energy imports reached a record $100 billion. In the 12 months to February of this year, the country received 39% of the total volume of Russian imported gas.
The fact that Turkey has agreed with Gazprom to postpone part of the payments for Russian gas, the Minister of Energy and Natural Resources of the Republic Fatih Donmez said last week.
Turkey has agreed with Russia to defer payments for gas in the amount of $ 600 million until 2024, citing sources told Reuters.
According to the agency, this is the first such postponement under the agreement, which Ankara announced last week. According to him, "deferred payments to Turkey for Russian energy resources can reach $4 billion," the interlocutors tell Reuters.
According to the agency, the transfer of payments will ease the pressure on Turkey's foreign exchange reserves, which have been depleted by unconventional economic policies aimed at supporting the lira, as well as rising energy prices. Last year, Turkey's spending on energy imports reached a record $100 billion. In the 12 months to February of this year, the country received 39% of the total volume of Russian imported gas.
The fact that Turkey has agreed with Gazprom to postpone part of the payments for Russian gas, the Minister of Energy and Natural Resources of the Republic Fatih Donmez said last week.
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