9,842.15 TRY BIST 100 BIST 100
35.90 USD USD USD
4.95 CNY CNY CNY
37.23 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
38.77 TRY Interest Interest
74.67 USD Fossil Oil Fossil Oil
32.16 USD Silver Silver
4.49 USD Copper Copper
103.89 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,313.24 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

Trade between Türkiye and the Gulf countries is growing rapidly

Friday, February 7, 2025

Qatar's construction sector poised for a good year

Wednesday, February 5, 2025

Asian stock markets declined after the statements of China and the USA

Wednesday, February 5, 2025

Automotive sector became the export leader in the first month of the year

Tuesday, February 4, 2025

UN Concerned About Additional U.S. Tariffs

Tuesday, February 4, 2025
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