Nine pct increase in natural gas and electricity prices on way
by Daily Sabah
ISTANBULSep 30, 2014 - 12:00 am GMT+3
by Daily Sabah
Sep 30, 2014 12:00 am
Turkish residents will face a nine percent increase in natural gas and electricity prices starting next month, Turkey's energy minister, Taner Yıldız, said on Tuesday.
Minister Yıldız stated that the lack of rainfall for this summer cost 3 billion USD for the electricity not produced.
Pointing out the increase in US Dollar – Turkish Lira exchange rate from 1.9200 level to 2.2800, Yıldız said that the price increase did not cover the loss out of currency rates.
Yıldız said that Turkey is trying to balance its energy gap with domestic resources, and stated that the share of wind power in total electricity production increased to 5 percent, which would mean 1 billion USD less imports for the next year.
The last increase in natural gas and electricity prices was made in October 2012.
Keep up to date with what’s happening in Turkey,
it’s region and the world.
You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Please
click
to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the
cookies
used on our website in accordance with the relevant legislation.
6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan
çerezlerle
ilgili bilgi almak için lütfen
tıklayınız.