20 percent hike in natural gas

Another giant hike in natural gas. According to the statement made by BOTAŞ; The sales price of natural gas used for electricity generation was increased by 49.5 percent, the sales price of natural gas used in industry was increased by 50.8 percent and the sales price of natural gas used in residences was increased by 20.4 percent.

Petroleum Transport Inc. with PipelinesThe natural gas tariff table for September has been published on the (BOTAŞ) website. Accordingly, the gas 20 percent the time has come.

The following statements were used in the statement made by the institution;

  • As it is known, natural gas is an imported energy source, and more than 99 percent of it is supplied from foreign supply sources within the framework of international agreements.
  • Due to the increasing natural gas demand with the decrease of the effect of the pandemic in the world, there has been a high increase in natural gas prices in the global energy markets, and this situation is well known and followed by the public. In addition, after the war between Russia and Ukraine, which is Europe’s largest natural gas supplier, the increase in natural gas prices continued to increase and there was an increase of up to 2000% in natural gas prices in the global markets compared to the pre-pandemic period. On the other hand, high natural gas prices in global markets have not been reflected to our consumers at the same rate until today.
  • On the other hand, according to the independent publication Household Energy Price Index (HEPI-Household Energy Price Index) and EUROSTAT data, natural gas with the lowest price among European countries is used in residences and industrial establishments.

As of September 1, 2022, unfortunately, it has become mandatory to make a regulation in natural gas sales prices in a way that will affect our consumers at the minimum level within the framework of possibilities. In this context, effective from 1 September 2022;

  • Average price of natural gas used in residences 20.4 percent
  • Average price of natural gas used in Small and Medium Sized Enterprises 47.6%
  • Average price of natural gas used in industry 50.8 percent
  • Average price of natural gas used for electricity generation 49.5 percent

rate was increased.

Despite these increases, more than 80 percent support continues to be given to our consumers, especially in natural gas used in residences.