8,885.00 TRY BIST 100 BIST 100
4.87 CNY CNY CNY
34.34 USD USD USD
37.42 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
44.67 TRY Interest Interest
74.45 USD Fossil Oil Fossil Oil
32.79 USD Silver Silver
4.44 USD Copper Copper
102.49 USD Iron Ore Iron Ore
374.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,023.12 TRY Gold (gr) Gold (gr)

Discounts were made on industrial gas

BOTAŞ increased the wholesale price of gas used by large industrial enterprises at rates of 13.30% to 17.22%; made a 16.67% discount on wholesale of gas for electricity generation.

Discounts were made on industrial gas
While gas prices were decreasing in global markets, BOTAŞ offered discounts to industrial gas.
According to the statement made by BOTAŞ, effective as of 1st February, the wholesale price of gas used by large industrial enterprises is 13.30 to 17.22%; 16.67% discount was made to wholesale of gas for electricity generation.
Based on October 2022, the price of gas used in the industry has been decreased by 24.77% to 38.45% as of 1st February, 2023.
The Energy Market Regulatory Authority had decreased the electricity ceiling price in the free market from 4,200 TL to 3,650 TL. Thus, it was foreseen that the electricity consumption price in industrial enterprises that consume over the price of electricity sold in the free market would decrease by 12%.
Following this move by EMRA in the energy sector, there was an expectation that there would be a discount on gas sales for electricity generation.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Treasury and Finance Minister Şimşek evaluated foreign trade data

Sunday, November 3, 2024

IMF: EU slowdown, US strength

Friday, October 25, 2024

Germany considers new economic plan

Friday, October 25, 2024

World Bank finances Türkiye $1.9 billion for 4 projects

Wednesday, October 23, 2024

Ministry of Energy and Natural Resources aims to increase the use of domestic resources in electricity generation

Sunday, October 20, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now