Turkey Defers $600-Million Payment For Russian Energy To 2024

Turkey has opted to defer until 2024 as much as $600 million in payments to Russia for natural gas deliveries, anonymous sources told Reuters on Wednesday. Last week, Turkey’s Energy Minister Fatih Donmez said that the country had reached a deal with Russian gas giant Gazprom to defer part of the payments Turkey owes for natural gas supplies after the price jump last year. Turkey, a major importer of energy products, has seen its public finances deteriorate since the beginning of the energy crisis and the Russian invasion of Ukraine, which…