WSJ learned about the debts of Turkish companies to "Gazprom" $2 billion

. Some Turkish companies owe Gazprom about two billion dollars, reported the Wall Street Journal, citing sources.

According to the newspaper, there are seven private enterprises that have concluded with the Russian company transactions for the purchase of natural gas with the condition "take or pay". It is noted that last year the company took less than 15 percent of the agreed targets and are unable to meet their payment obligations.

According to the Wall Street Journal, the company is now negotiating with the Russian side to resolve the situation without litigation.

The sources suggested that the issue be discussed at the state level, because private companies will not be able to repay the debt.

In addition, some state-owned Turkish banks have opened letters of credit in favor of "Gazprom" for a total of about $ 600 million, said the newspaper.

The Russian company supplies gas to Turkey have decreased in the past year by 35 percent compared to 2018. According to the Turkish energy regulator, Russia remained one of the main supplier Ankara, however, the share of Moscow was reduced from 47 to nearly 34 percent.

The volume of deliveries fell this year. Thus, in the first quarter, they fell by 17 percent compared to the same period last year.

Thus, in 2020, "Gazprom" has lost leadership in the Turkish level and took only fifth place, behind Azerbaijan, Qatar, Iran and Algeria.

Ankara has significantly reduced the supply of "Gazprom" for commercial reasons, says Turkish diplomat, former trade representative of the country in Russia Aydin Sezer.

According to him, the important role played by the stagnation in the Turkish economy.

"In parallel with the fall in world oil prices have also dropped prices for liquefied natural gas, and Turkey increases its imports. This problem is not political, but purely commercial," said he.

Sezer said that Turkey pays for Russian gas under long-term contracts. In his opinion, today the price of natural gas from Russia look high.

"If Russia will offer more competitive prices, Turkey may refuse the import of liquefied natural gas," he suggested.