Sanctions Cloud Future of Turkey's Gas Deals with Iran and Turkmenistan
Market Intelligence Analysis
AI-PoweredTurkey's gas deals with Iran and Turkmenistan are uncertain due to sanctions, which may impact Turkey's energy imports and relations with the two countries.
Market impact analysis based on bearish sentiment with 66% confidence.
Article Context
Turkish President Recep Tayyip Erdogan is traveling to Turkmenistan for festivities December 12 marking the Central Asian state’s 30th anniversary of neutrality. While in Ashgabat, Erdogan will also hold talks with Turkmen leaders likely focusing on the topic of natural gas supplies. Speaking to reporters earlier in December, Turkish Energy Minister Alparslan Bayraktar said Ankara is working to expand gas imports via a long-time arrangement with Iran, augmented by a swap deal with Turkmenistan. A lack of clarity about sanctions currently…
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