Energy
10 May 2023, 6:34 pm 1 minute
Reuters exclusively reported that Turkey has deferred payment to Russia of a $600 million natural gas bill to 2024 – the first such postponement – under a deal announced last week that underlines deepening ties between Ankara and Moscow.
Market Impact
Turkey’s energy import bill hit a record near $100 billion in 2022 and in the year to February it imported 39% of its total 53.5 billion cubic metres (bcm) of natural gas from Russia.
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: EuropeMiddle East
Countries: RussiaTurkey
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story