Türkiye

BOTAŞ Releases Last Minute Natural Gas Price Statement – Economy News Update

Petroleum Transport Inc. and BOTAŞ Confirm No Increase in Natural Gas Prices in Turkey

In response to recent rumors of a potential price increase in natural gas, Petroleum Transport Inc. and BOTAŞ, the general directorate responsible for pipelines in Turkey, have released a joint statement confirming that no such change has occurred.

The statement, which was made in writing, emphasizes that Turkey still has the lowest natural gas prices among European countries after Ukraine, according to the HEPI prices index. The wholesale prices of natural gas remain the same as of June 1st, 2023, according to BOTAŞ.

The announcement comes as a relief to many Turkish citizens who were worried about the rising cost of energy amid economic turmoil. The news also reaffirms Turkey’s position as a regional leader in energy affordability.

Further details on this development can be found on ntv.com.tr in the coming hours.

 

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