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IAEA, Saudi Women and Energy Association Sign MoU to Boost Cooperation

Officials are seen at the signing ceremony in Vienna. (IAEA)
Officials are seen at the signing ceremony in Vienna. (IAEA)
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IAEA, Saudi Women and Energy Association Sign MoU to Boost Cooperation

Officials are seen at the signing ceremony in Vienna. (IAEA)
Officials are seen at the signing ceremony in Vienna. (IAEA)

The International Atomic Energy Agency (IAEA) and Saudi Arabia’s Women and Energy Association signed in Vienna on Monday a Memorandum of Understanding to boost cooperation.

The agreement aims to bolster cooperation in capacity building, with a focus on developing the role of women in the fields of science, technology, engineering, and mathematics (STEM) and support innovation in nuclear sciences to achieve a sustainable future.

The agreement was signed by IAEA Director General Rafael Mariano Grossi and Women and Energy Association Chairwoman of the Board Princess Mishaal bint Saud AlShalan.

Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz attended the signing ceremony.

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Türkiye Receives Waiver for Gas Payments to Russia from Gazprombank Sanctions

A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
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Türkiye Receives Waiver for Gas Payments to Russia from Gazprombank Sanctions

A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Gazprombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo

Türkiye has received an exemption for gas payments to Russia after the United States imposed sanctions on Gazprombank, Turkish Energy Minister Alparslan Bayraktar revealed in response to a question from Reuters.

The US imposed new sanctions on Russia's Gazprombank in November, creating an obstacle for buyers of Russian gas, which had been using the bank to make payments. They have since been seeking clarification and exploring other ways to pay.

Türkiye imports almost all its gas requirement and Russia is the top supplier, providing more than 50% of the country's pipeline imports.

Ankara's pipeline gas imports from Russia stood at 21.1 bcm last year.

Türkiye had requested an exemption in discussions with US officials so that it can continue paying for Russian natural gas imports via Gazprombank.

The US on Thursday also granted a waiver to Hungary, which mainly relies on Russian oil and gas.