Turkey Wants Russia to Delay Its Gas Payments Until 2024
- State importer Botas seeks to delay some repayments until 2024
- Unclear whether talks will result in any agreement, people say
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Turkish officials have asked Russia to delay a portion of Ankara’s payments due for natural gas, according to people familiar with the matter, as Turkey seeks to mitigate economic damage from higher energy prices.
Turkey’s state-run energy importer Boru Hatlari ile Petrol Tasima AS, or Botas, is seeking to postpone some of the payments to 2024, according to one of the people, who spoke on condition of anonymity as the payment discussions are private. The talks come on the heels of a deal between the two countries that permits Botas to pay 25% of its obligations in rubles rather than dollars.
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Turkey Wants Russia to Delay Its Gas Payments Until 2024