NATO member demands privileges in US sanctions on Gazprombank

Thanh Hà |

Turkey - a NATO member - is seeking a US sanctions exemption to continue paying for Russian gas.

Turkey is negotiating with the US on a sanctions exemption, allowing the country to continue using Russia's Gazprombank for payments when importing gas.

Turkish Energy Minister Alparslan Bayraktar told reporters that if there were no exemptions, we would not be able to pay Russia. "If we can't pay, we can't buy goods," he added.

Bayraktar's comments heighten tensions between Washington and the rest of Europe that are still buying Russian gas over sanctions announced last week on Gazprombank.

Previously, Russia's Gazprombank has avoided Western sanctions related to the conflict in Ukraine because it plays an important role in supporting energy payments.

Energy Minister Alparslan Bayraktar stressed the importance of a exemption for Turkey, citing a previous exemption for sanctions related to Iran.

According to the regulatory agency's data, Russia is Turkey's largest gas supplier, providing about 42% of the country's gas imports last year.

Hungary - a European country that also imports a lot of Russian gas - has criticized the US sanctions on Gazprombank, saying the move endangers energy security.

Hungarian Foreign Minister Peter Szijjarto said after talks in Istanbul with regional energy ministers, including Bayraktar, that countries in the region would find ways to continue the flow of Russian gas.

Turkey and Russia want to set up a gas hub in Turkey, including the possibility of installing additional pipelines across the Black Sea.

In addition to gas, Turkey depends on Russia for crude oil, with about half of its crude oil imports coming from Russia. Turkey also has a nuclear power plant under construction by Russian nuclear power company Rosatom.

Thanh Hà
RELATED NEWS

EU talks about the news of Russian gas laundering sources to smuggle into Europe

|

The European Union (EU) affirmed that Azerbaijan does not re-export Russian gas to the bloc.

Gazprom determines Ukraine will cut off Russian gas

|

Gazprom is preparing for the scenario of Ukraine directly turning off the Russian gas valve, completely stopping the flow of Russian gas to Europe by 2025.

US sanctions Russian bank last linked to SWIFT

|

Russia's last major bank with access to the international payment system SWIFT has just been sanctioned by the US.

The 14th Vietnam Trade Union Congress takes place from June 3-5, 2026

|

The 14th Vietnam Trade Union Congress, term 2026-2031, takes place from June 3-5 at the National Convention Center, Hanoi City.

The Prime Minister will exchange views with delegates at the 14th Vietnam Trade Union Congress

|

On the afternoon of May 29, the Vietnam General Confederation of Labour held a press conference to inform about the 14th Congress of Vietnam Trade Unions, term 2026-2031.

Deploying about 92 social housing development projects serving workers and students

|

Hanoi - In the afternoon of May 29, Mr. Vu Dai Thang, Member of the Party Central Committee, Deputy Secretary of the City Party Committee, Chairman of the Hanoi People's Committee, had a dialogue with workers.

Nearly 1,000 days to determine land prices are still not finished

|

The Department of Natural Resources and Environment of Bac Lieu province (old) determined that land prices lasted for nearly 1,000 days, increasing the risk of large revenue losses for the budget.

Trillion-VND revenue, continuously reporting losses, game businesses in the sights of tax inspection

|

With trillions of VND in revenue but continuously reporting losses or slight profits, some game publishing businesses are subject to tax authorities' inspection in 2026.

EU talks about the news of Russian gas laundering sources to smuggle into Europe

Thanh Hà |

The European Union (EU) affirmed that Azerbaijan does not re-export Russian gas to the bloc.

Gazprom determines Ukraine will cut off Russian gas

Thanh Hà |

Gazprom is preparing for the scenario of Ukraine directly turning off the Russian gas valve, completely stopping the flow of Russian gas to Europe by 2025.

US sanctions Russian bank last linked to SWIFT

Ngọc Vân |

Russia's last major bank with access to the international payment system SWIFT has just been sanctioned by the US.