LIQUID PETROLEUM GAS MARKET VALUE IS $7.5 BILLION SAYS ENERGY MINISTER TANER YILDIZ
- Updated : 07.04.2014 13:35:36
- Published : 07.04.2014 13:29:38
The Turkish LPG sector employs 150,000 thousand people and sells 2.7 million tons of auto-LPG for more than 10 million car users that run LPG as an alternative fuel to oil.
Around 7.5 million households use 1.1 million tons of LPG as their main energy source since no Liquified natural gas (LNG) infrastructure is available for them.
LPG has a global market volume of 269 million tons, of which 47 per cent are used by households. The EU aims to reduce levels of carbon emissions by 2020 and urges the use of LPG which has considerable lower levels of carbon emissions.
RUSSIA INCREASES INTEREST RATE TO 9.5 PCT FROM 8 PCT
JAPAN EXPANDS STIMULUS TO SPUR RECOVERY
Japan's central bank expanded its asset purchases in a surprise move Friday to shore up sagging growth...
CONSUMER CONFIDENCE INDEX DROPS BY 4.9 PCT
The consumer confidence index compiled from the results of the Turkish Statistical Institute's (TurkStat)...
US FED ENDS STIMULUS CITING IMPROVED LABOR MARKET
The U.S. Federal Reserve announced on Wednesday after a two-day meeting in Washington that it will end its asset-purchasing program, citing positive labor market figures for the change