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.