Turkey seals $929m loan from Deutsche to buy LNG

In:

Oil & gas

Region:

Middle East & Africa, Americas

Turkey’s state gas company - Boru Hatlari ile Petrol Tasima (Botas) - has sealed a €925 million ($929 million) loan from Deutsche Bank to finance LNG purchases in a bid to reduce the country’s reliance on imports from Russia. The three-year loan allows Botas to buy LNG from...

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