Türkiye to make payments in rubles for Russian gas in near future

Türkiye to make payments in rubles for Russian gas in near future
# 19 September 2022 10:47 (UTC +04:00)

Turkish newspaper Yeni Safak cited Turkish Energy Minister Fatih Donmez as saying that the agreement to pay in rubles for 25% of Russian gas supplied to Turkey will take effect in the near future, APA reports.

Donmez said, "Türkiye will pay for 25% of the natural gas purchased from Russia in rubles. The corresponding agreement will come into force in the near future. The fact that Türkiye will buy gas from Russia in rubles instead of dollars will reduce the need for dollars and reduce costs."

Donmez further relayed that the construction of the Akkuyu nuclear power plant (NPP) will be maintained at an accelerated pace, with the first unit of the NPP due to be launched in 2023.

"An agreement has been reached on the Akkuyu NPP. Our ministry, especially our president, has made intensive efforts to bring the parties together and overcome problems. After some time, work will continue at an accelerated pace. The project schedule is binding on us. We must commission the first unit in 2023," he stressed.

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