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NATGAS: Turkey Looking for a Gazprombank Sanctions Waiver from the U.S.

NATGAS
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Turkey is in talks with U.S. officials for a sanctions waiver so it can continue buying Russian gas according to Energy Minister Alparslan Bayraktar.

  • It comes as the U.S. announced sanctions on Gazprombank last week.
  • "If such an exemption is not granted to Turkey it will directly impact us. At this point Russia is not the target, Turkey is the direct target [of these sanctions]," Bayraktar said.
  • "These sanctions will affect Turkey. We cannot pay, if we cannot pay we cannot buy the goods. The foreign ministry is in talks," Bayraktar added. 
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Turkey is in talks with U.S. officials for a sanctions waiver so it can continue buying Russian gas according to Energy Minister Alparslan Bayraktar.

  • It comes as the U.S. announced sanctions on Gazprombank last week.
  • "If such an exemption is not granted to Turkey it will directly impact us. At this point Russia is not the target, Turkey is the direct target [of these sanctions]," Bayraktar said.
  • "These sanctions will affect Turkey. We cannot pay, if we cannot pay we cannot buy the goods. The foreign ministry is in talks," Bayraktar added.