Lead

Russian energy company Inter RAO expects to resume electricity supplies to Turkey no earlier than September, according to CEO Sergey Dregval, speaking at the St. Petersburg International Economic Forum. The company halted deliveries due to unprecedentedly low prices in the Turkish domestic market, Dregval said, as reported by TASS.

Coverage Comparison

The information comes exclusively from two TASS English-language articles, both quoting CEO Sergey Dregval. No independent confirmation from other outlets was available at the time of writing. TASS is a Russian state news agency, and its reporting reflects official company statements.

Key Claims

  • Resumption timeline: Inter RAO expects electricity supplies to Turkey to begin no earlier than September 2026. The opportunity will depend on electricity prices abroad and on the regime and balance situation in the energy systems of southern Russia and Georgia, Dregval said.
  • Reason for halt: Deliveries were not carried out in 2026 due to low prices in the Turkish domestic market, described by Dregval as "unprecedentedly low."
  • 2025 export figure: Russia exported 231 million kWh of electricity to Turkey in 2025, four times higher than in 2024, according to Alexandra Panina, a member of Inter RAO's executive board, speaking in February 2026.
  • 2026 outlook: Inter RAO expects to keep electricity export and import volumes flat at about 10 billion kWh in 2026. The main export destinations will remain Kazakhstan and Mongolia, as well as supplies to Georgia, Dregval said.
  • 2025 performance: Inter RAO's export-import trading operations across the Russian border decreased by 6.9% in 2025 to 9.7 billion kWh, according to the company's annual report. Russia supplied electricity to eleven countries in 2025, including Kazakhstan, Georgia (including transit to Turkey), Mongolia, Kyrgyzstan, and China.

Perspectives

Company Perspective

Inter RAO presents the halt in Turkey supplies as a market-driven decision, tied to low domestic prices in Turkey, and frames the resumption as conditional on favorable price and grid conditions.

Market Context

Analysts may view the resumption as dependent on energy market dynamics in the region, particularly the balance of supply and demand in southern Russia and Georgia, as well as price competitiveness in Turkey.

Geopolitical Considerations

Energy trade between Russia and Turkey occurs amid broader geopolitical dynamics, and while the report does not address these, such factors could influence trade flows. No additional sources provided commentary on this aspect.