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.

Lao Cai Provincial Party Secretary holds the position of Standing Deputy Minister of Agriculture and Environment

|

The Prime Minister receives and appoints Mr. Trinh Viet Hung - Secretary of Lao Cai Provincial Party Committee - to hold the position of Standing Deputy Minister of Agriculture and Environment.

Identities of 2 mothers and children who died in boat capsizing in Hue

|

HUE - The identities of 2 victims of boat capsizing in Hue are identified as mother and child.

Gold price today 28. 2: Gold rings, gold bars surge

|

Gold price today 28. 2: World gold prices rise sharply. Domestic gold prices rise sharply from 2.9 to 3.3 million VND/tael.

Nghe An seeks solutions to regimes for 234 contract teachers and staff

|

Nghe An - The Department of Education and Training is coordinating to advise the Provincial People's Committee to allocate targets and funds for 234 teachers and contract staff who are still facing difficulties.

Understanding taxes correctly: Business households need to "know" 5 important things when switching to declaration

|

Business households are required to memorize 5 things below when switching from fixed tax to declaration 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.