Turkey Says US Granted Exemption on Gazprombank Sanctions

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Friday, 20 December, 2024, 21:49
Turkey and Hungary said they have received exemptions for gas payments to Russia after the United States imposed sanctions on Gazprombank, removing a major hurdle to the gas trade with Moscow.
The U.S. in November imposed new sanctions over the Ukraine conflict on Russia's Gazprombank, one of the country's largest banks which receives payments for natural gas from Gazprom's customers in Europe.
Turkey, Hungary and Slovakia had been using the bank to make payments and have since been seeking clarification and exploring other ways to pay. Turkey and Hungary had asked the United States for an exemption.

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