Turkey is in negotiations with the US on a sanctions exemption that will allow Turkey to continue using Gazprombank to pay for gas imports. Turkey's energy minister said on Monday that without an exemption, it will not be possible to pay fees to Russia, and therefore cannot buy goods. The minister's remarks have heightened tension between the US and other European buyers of Russian gas as the US announced sanctions against the bank last week. Previously, the bank played a key role in promoting energy payments and evaded relevant sanctions.

Zhitongcaijing · 11/26 09:57
Turkey is in negotiations with the US on a sanctions exemption that will allow Turkey to continue using Gazprombank to pay for gas imports. Turkey's energy minister said on Monday that without an exemption, it will not be possible to pay fees to Russia, and therefore cannot buy goods. The minister's remarks have heightened tension between the US and other European buyers of Russian gas as the US announced sanctions against the bank last week. Previously, the bank played a key role in promoting energy payments and evaded relevant sanctions.