Puppet Masters

Turkey asks Russia if it can delay its gas payments until 2024 to delay its gas

Middle East Monitor
Tue, 04 Oct 2022 23:23 UTC

Turkish officials have asked Russia to delay a portion of Ankara's payments due for natural gas as Turkiye seeks to mitigate economic damage from higher energy prices, Bloomberg reports.

According to the report, Turkiye's state-run energy importer, Botas, is seeking to postpone some of the payments to 2024, due to the currency crisis in the country.

Last month, Botas was permitted to pay 25 per cent of its obligations in rubles rather than dollars.

Turkiye's heavy reliance on imported energy has added to pressure on its currency and budget.

The Turkish lira has depreciated more than 28 per cent against the dollar in 2022.

Comment: See also:

Reader Comments

Buffalo_Ken · 2022-10-04T23:31:57Z

Derivative instruments of destruction are now in play.

Buffalo_Ken · 2022-10-04T23:33:47Z

Buffalo_Ken - If I was Russia, I'd be inclined to tell Turkey to pound salt, but there may be delicacies involved in this situation - Turkish delight and such. Still, Turkey you can't play both sides so make a choice OR die in indecision if you can't.

codis · 2022-10-05T09:27:14Z

Buffalo_Ken

...If I was Russia, I'd be inclined to tell Turkey to pound salt, ...

I think the Russians are much smarter than that. Gas is energy which is the life blood of the economy. You can see in current Germany how one does without.

I think the tell them "Sure, but ...". And draw them more into the Russian/Chinese sphere of influence. And don't forget - the Turks control the strategically important entry to the Black Sea.

I can see more ruble and yuan flowing into the country, and them stirring up more trouble in Nato - until they leave.

Jamso ·

codis Right on.

· 2022-10-05T17:27:52Z

Buffalo_Ken · 2022-10-06T14:09:25Z

codis ....yeah I've seen that on the map - tis a bottleneck if there ever was one:

And don't forget - the Turks control the strategically important entry to the Black Sea.

But begs the question posed in the song below - I guess the Turks decide on that, but seems like they ought realize playing both sides is precarious and pretty soon tolerance for that will diminish I suspect.

[Link] - They Might be Giants tune...

codis · 2022-10-06T15:15:21Z

Buffalo_Ken

....yeah I've seen that on the map - tis a bottleneck if there ever was one:

And there is even a treaty allowing the Turks to block the strait for ships of belligerent nations - called "Montreux Convention".

But begs the question posed in the song below - I guess the Turks decide on that, but seems like they ought realize playing both sides is precarious and pretty soon tolerance for that will diminish I suspect.

Erdogan is a smart and cunning man, and he knows on which side his bread is buttered ...

Buffalo_Ken · 2022-10-06T15:18:45Z

codis - you know being the keeper of a bottleneck is profitable, but sometimes it is more trouble than it is worth....the other two top bottlenecks for ship travel are those canals, the one in Panama and the one around Egypt. Ummm - who has jurisdiction over those I query?

If the keeper of something doesn't have principle well founded and tries to play both sides, eventually the keeper gets replaced.

codis · 2022-10-06T15:21:06Z

Buffalo_Ken

you know being the keeper of a bottleneck is profitable, but sometimes it is more trouble than it is worth....the other two top bottlenecks for ship travel are those canals, the one in Panama and the one around Egypt.

How right you are - one just needs to look into the recent history of both countries.

The more reasons for Erdogan to have a strong ally.

Buffalo_Ken · 2022-10-06T15:21:55Z

codis - now as an aside, in the Diplomacy global tournament game conducted in 1991 in Chapel Hill I had the honor of playing Germany. Wasn't my choice, I'd just assume not been stuck in the middle, but I got a bit of repour, oh I mean rapport, going with the Turkish player and we swept the board eventually cepting England. In hindsight, I think it would of been better if I could of been friends with Russia in that game because the Russian-German connection runs strong. I should know and I do know in many ways.

codis · 2022-10-06T15:33:10Z

Buffalo_Ken Besides of the (probable) germanic roots of the Romanov family, they German and Russian royals had strong ties for centuries. Catherine the Great was born Catherine Sophie of Anhalt-Zerbst - a German aristocrat.

And in WWI, the Germans and Ottomans (Turks) were allied as well. It was the Germans that shipped most the weapons to them, and enabled the Gallipoli victory.

Buffalo_Ken · 2022-10-06T16:01:12Z

codis - yeah and I'm sure you know about Catherine inviting some German's to Russia being she felt out of her culture and the Volga Germans got to avoid conscription supposedly...not a bad deal necessarily. Anyhow, I am an outcome of that. Even though the Germans in those communities stuck together to their detriment I reckon in hindsight, I suspect there were dalliances, and in my imagination, I suspect I am an outcome of that as well....just not sure when the dalliance happened but it did. Dalliances happen all the time and you can imagine a fine Russian peasant encountering a stressed and troubled young German frauline and then well nature happened as nature has a way of happening and always will and always has....the past is the past - the future is what I mainly care about.

codis · 2022-10-06T16:15:33Z

Buffalo_Ken

yeah and I'm sure you know about Catherine inviting some German's to Russia being she felt out of her culture and the Volga Germans got to avoid conscription supposedly...not a bad deal necessarily.

I thought it was Frederick the Great who exchanged citizens with Russia ...

But looking it up, it was one of his successors, Frederick Wilhelm II, who had the village Alexandrowka near the Prussian town of Potsdam built ...

Only the later Georgian dictator in charge of Russia distrusted those ex-Germans, and had them deported to Kazakhstan.

Buffalo_Ken · 2022-10-06T16:22:33Z

codis - all that may be true, but Catherine the Great beckoned to Germans with the carrot of being "free of conscription" and many decided it was worth the risks. Amongst those many my mother's mother were. My mother's mother fled from Russia as a baby in 1899 but 1 year old - and maybe not even that. I don't know for sure how long their kin had been there in Saratov, but that is where she came from and I suspect as I've said already that there was a dalliance that made the difference from my perspective and I'm glad it happened assuming it did!

Now, I know I've told this story, but I'll tell it again. When my mother's mother and her family crossed the ocean and got on the rail onto their final destination, in Chicago a kind person saw my grandmother as a little baby dirty and distressed and this kind person took that baby from my mother's mother's family willingly at the time, and they were relieved to see her go into the hands of another. They were all wore out.

The kind person returned and when he did ( or maybe was a her ) my grandmother was in a dress and had been lovingly cleaned. I think if not for this kind person's act I would not be typing presently and that speaks to how the little things add up to big differences in time.

I pray for Peace and I think I've been consistent in my sentiment in this regard,

Ken

codis · 2022-10-06T17:03:16Z

Buffalo_Ken

- all that may be true, but Catherine the Great beckoned to Germans with the carrot of being "free of conscription" and many decided it was worth the risks.

Sounds like she targeted Prussia, one of the more "belligerent" German kingdoms of that time.

My mother's mother fled from Russia as a baby in 1899 but 1 year old - and maybe not even that. I don't know for sure how long their kin had been there in Saratov, but that is where she came from and I suspect as I've said already that there was a dalliance that made the difference from my perspective and I'm glad it happened assuming it did!

As I heard, this was a time of political unrest in Russia. No wonder they got away. Considering the later years, a good choice.

I pray for Peace and I think I've been consistent in my sentiment in this regard,

I'd join - and yes

Buffalo_Ken · 2022-10-06T17:06:06Z

codis

Together we are better is a simple thing to say.

I plan on living it.

Wish me luck.

With respect to you codis - I don't know how you do it day after day, but you are reliable and speak words of wisdom most of the time and I for one appreciate you and your sidekick if you got one!

Peace,

Ken

Buffalo_Ken · 2022-10-06T17:07:53Z

codis - by the way, looks like this thread could be a personal place for us to share thoughts as a comment upon the post of another....sort of like RC setup with many and that was a good idea I think....it is just you know me - I'm not cliquey....I don't care for cliques....I prefer logic and good intent.

Your friend,

Ken

ps - I guess Jamso gets to be part of the discourse if so desired as well...no sweat off my back...and probably....well, let the chips fall.

codis · 2022-10-06T17:11:12Z

Buffalo_Ken

Wish me luck.

So I do.

We will see what the midterms bring. Some great change is being predicted, and I hope the WEF puppet is ousted.

And perhaps the US will choose a less belligerent path, which is more advantageous for you Americans.

... you and your sidekick if you got one!

My wife - she kicks me in the side if I deviate from her directives ...

Buffalo_Ken · 2022-10-06T17:25:55Z

codis - well you know what they say don't you - if your wife ain't happy most likely you won't be either.

As for elections solving any troubles, I think the troubles are beyond that but momentum of ideas sometimes grows if the ideas resonate and I put my faith in that.

Ken

Tsakoug · 2023-05-01T00:00:13Z

I guess this sort of explosive expose doesn't interest Sott editors, who have such a soft spot for Turkey.

Turkish intel agency MIT uses journalism to mask undercover agents, assets and informants - Nordic Monitor

[Link]

TBoris · 2023-05-01T00:47:00Z

Tsakoug I think it is one big intelligence agency world wide making it "safe for democracy".

Buffalo_Ken · 2023-05-01T18:24:26Z

Tsakoug

TBoris

Oh boy - intelligence agencies have been compromised...Turkey plays both ends to its own detriment soon I suspect.

Thanks for sharing on this old post.

Ken

Tsakoug · 2023-05-01T19:44:16Z

TBoris Some countries are contributing more zealously than others....

Wow. There are bad omens here with references to the Four Horsemen of the Apocalypse and a riderless horse you would see at a funeral. From...

Unkl Brws

Not these grannies!!! [Link]

Michael L

Can't wait to see that happen... "People are determined to be respected." ... speaking of which, less food would do wonders though!!

LindaMay

Did anyone else notice the reference to 9-11? Big Ben's hands were at 9:00, and it bonged eleven times? I wonder if BB can be hacked these days? I...

globalgrrl

So it was them? Darn those Ruskies with Punjabi accents who tried to scam me last year. You have to hand it to them Ruskies for imitating foreign...

Demore

Puppet Masters

Turkey asks Russia if it can delay its gas payments until 2024 to delay its gas

Reader Comments

Latest News

Picture of the Day

Quote of the Day

Recent Comments

Quantum Quirk