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.
CENTRAL BANK HOLDS RATES STEADY AT 8.25 PERCENT
The Monetary Policy Committee (PPK) of the Central Bank of the Republic of Turkey (CBRT) yesterday decided...
BUILDING CONSTRUCTION COSTS INCREASED IN Q3
The Turkish Statistical Agency's (TurkStat) third quarter building construction cost index revealed a...
NEW REGULATIONS ISSUED FOR CREDIT CARD INTEREST RATES
The interest rates for credit cards will be set according to the monthly consumer loan interest rates, posing a new challenge for consumers
MAJOR INTERNATIONAL MARKETS STEADY AFTER VOLATILE WEEK
European and U.S. markets stabilized yesterday after a tumultuous week following rumors of central bank intervention in the event of further economic slowdowns. Japanese markets rode the positive Wall Street gains but uncertain outlook remains