A string of Turkish businesses have accumulated financial debt of about $two billion to Russian state strength huge PAO Gazprom, according to individuals common with the issue, legal responsibility that could hinder Ankara’s drive to reduce its reliance on Russian all-natural fuel, in section by boosting imports from the U.S.
Seven private Turkish businesses, which have dedicated to shopping for substantial annual quantities of fuel from Gazprom under lengthy-term “take-or-pay” contracts, obtained much less than 15% of agreed volumes previous calendar year, and failed to meet payment obligations…
More Stories
Management Firms Shaping the Future of Leadership
What Sets Elite Management Firms Apart
How Management Firms Are Redefining Leadership