Turkey Seeks US Sanctions Waiver to Continue Russia Gas Flow (1)

Nov. 26, 2024, 1:26 PM UTC

Turkey is in talks with the US over a sanctions waiver that would allow the country to keep using Russia’s Gazprombank to pay for natural gas imports.

Without an exemption, “we won’t be able to pay Russia,” Energy Minister Alparslan Bayraktar told reporters late Monday. “If we can’t pay, we can’t buy the goods.”

Bayraktar’s comments add to tensions between Washington and the remaining European buyers of Russian gas over the sanctions announced last week on Gazprombank, which had previously avoided penalties related to the invasion of Ukraine because of its key role in facilitating energy payments.

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