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Russia To Reduce Gas Imports From Turkey

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According to sources, Turkey is preparing to reduce imports of liquefied petroleum gas (LPG) from Russia by a quarter next year. This is due to a chill in ties between Turkey and Russia after the shooting down of a Russian jet by Turkey on November 24.
“Turkish firms are not simply worried about a reduction in LPG deliveries from Russia because of the current (political) situation they are already preparing for this.”
“It may be more expensive, but the process of how to ensure future deliveries from elsewhere is being worked out. We are not just talking about deliveries from Algeria, but from the United States as well,” two sources at Gazprom disclosed.
They also disclosed that Russia may adopt further punitive measures on Turkey, including freezing work on the Turkish Stream gas pipeline project.

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