Thursday, 2 August 2018

Botas mandates 50% price rise for gas used for power generation

Turkeys gas infrastructure (source: IEA) Turkeys gas infrastructure (source: IEA)

Turkey’s state pipeline operator Botas has increased the price for natural gas used for power generation by 50% to 1,312 Lira ($267) per thousand cubic metres, effective August 1. The price hike comes as a weaker Turkish Lira has been pushing up prices for oil and natural gas imports, which are now handed through to end-users.

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