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OIL AND GAS
US calls Erdogan threats to Greece 'unhelpful'
by AFP Staff Writers
Washington (AFP) Sept 6, 2022

The United States on Tuesday called Turkish President Recep Tayyip Erdogan's warnings to Greece over sea disputes "unhelpful" and urged the two NATO allies to settle differences diplomatically.

"At a time when Russia has again invaded a sovereign European state, statements that could raise tensions between NATO allies are particularly unhelpful," a State Department spokesperson said when asked about Erdogan's remarks, without naming him.

"The United States continues to encourage our NATO allies to work together to maintain peace and security in the region, and to resolve differences diplomatically."

Erdogan on Saturday told a rally that Greece would pay a "heavy price" for harassing Turkish fighter jets over the Aegean and referenced Turkey's 1922 takeover of the historic Greek city of Smyrna, now Izmir, a bitter memory for Greeks.

Turkey said Greece had used Russian-made air defense system to harass Turkish jets and says Ankara is stationing troops on islands in the Aegean Sea in violation of peace treaties.

Greece rejects the allegations and often accuses Turkey of raising tensions, including through overflights of Greek islands.


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OIL AND GAS
China to pay for Russian gas in yuan, rubles
Moscow (AFP) Sept 6, 2022
Russia's energy giant Gazprom said Tuesday that China will start paying for Russian gas in rubles and yuan instead of US dollars, as Moscow seeks closer ties with Beijing in the wake of Western sanctions over Ukraine. "A transition was made to making payments for Russian gas supplies to China in the national currencies of the countries - the ruble and yuan," Gazprom said in a statement. "The new payment mechanism is a mutually beneficial, timely, reliable and practical solution," Gazprom CEO A ... read more

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