Turkey Gets Waiver to Pay for Russian Gas via Sanctioned Gazprombank

Turkey Gets Waiver to Pay for Russian Gas via Sanctioned Gazprombank

OilPrice.com

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Turkey has obtained a waiver from the United States to pay for natural gas to Russia via the now-sanctioned Russian Gazprombank, Turkish Energy Minister Alparslan Bayraktar told Reuters on Friday. In November, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Gazprombank in what the Treasury said was “another major step in implementing commitments made by G7 leaders to curtail Russia’s use of the international financial system to further its war against Ukraine.” The latest…

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