EU pays about €8.7 billion for Yamal LNG in first 10 months of 2026
October payments increased despite lower shipment volumes, as the bloc approaches a January ban on Russian gas imports.
Growth, prices, jobs, central banks and budgets.
October payments increased despite lower shipment volumes, as the bloc approaches a January ban on Russian gas imports.
Energy Minister Alparslan Bayraktar attributed a shift toward U.S. supplies to costs, though Turkey's purchase price for Russian gas is not public.
Most of the payment was linked to IMF-required reforms, while €658 million came from a separate defense component.
A sharp tariff increase drove up the bill as Russia faces inflation fueled by its wartime economy.
The U.S. trade representative said Trump found the countries’ practices inconsistent with AGOA eligibility criteria, citing trade and investment barriers.
The London-based fintech plans savings accounts paying interest and more credit products as it becomes New Zealand’s 27th registered bank.
Finance Minister Satsuki Katayama said the figures are reference points, not government proposals.