Contact Us on the WhatsApp icon to send us a message or email

McIntyre Report Political Talk Show

The Vladimir Putin Interview

Recent News

The next 3 minutes will transform your life forever.

Get our free News Emails on latest articles, alerts and solutions for both legal templates and ways to help fight back against the Globalists vax Mandates , and health resources to boost your immune system and ways to Protect from deadly EMF 5G radiation and more.

FREE E-BOOKS AND REPORTS ALSO

Australian National Review - News with a Difference!

How you can advertise on Truthbook.social

Help us help defend free speech and save democracy from the World Economic Forum planned Totalitarian Great Reset. and help us expose the Covid Fraudsters

Russia remains key oil and gas supplier to NATO state – media — RT Business News

Facebook
Twitter
LinkedIn
WhatsApp
Email
Russia remains key oil and gas supplier to NATO state – media — RT Business News

Russia’s share of Türkiye’s energy imports neared 60% in 2023, according to Hurriyet

Russia maintained its position as the top oil and gas supplier to Türkiye in 2023, the Hurriyet newspaper reported on Saturday, citing data from Ankara’s Energy Market Regulatory Authority.

In October, the share of Russian gas in Türkiye’s imports reportedly amounted to 59.14%, while Russian oil accounted for 49.93% of national consumption, an increase from 40.74% in October 2022.

According to the paper, deferring payments for Russian natural gas last year “had a calming effect on Ankara in solving economic problems.”

In May, Moscow agreed to postpone the settlement of Türkiye’s gas bills. Under the terms of the deal, up to $4 billion in Turkish energy payments to Russia were reportedly put off until 2024.

Last month, Reuters reported that the Turkish government and companies had managed to save around $2 billion on energy bills in 2023 by increasing imports of discounted Russian oil and refined products.

Turkey became the biggest importer of Russian energy among Western states after EU nations halted most imports of oil and gas from Russia, under international pressure and sanctions imposed over Moscow’s military operation in Ukraine.

China and India have been importing even larger volumes of Russian oil and gas, but Türkiye’s proximity to Russian ports helps Ankara to save more than other buyers, thanks to lower shipping costs.

For more stories on economy & finance visit RT’s business section

You can share this story on social media:

Source link

Original Source

Related News

Let’s not lose touch…Your Government and Big Tech are actively trying to censor the information reported by The ANR to serve their own needs. Subscribe now to make sure you receive the latest uncensored news in your inbox…