Business · Energy & Commodities · 36 mins ago

Turkey Has No Electricity or Gas Price Changes Planned for October or November

Turkey Has No Electricity or Gas Price Changes Planned for October or November

Turkey’s Energy Minister Alparslan Bayraktar says no price changes are planned for electricity or natural gas in October or November.

His comments address bills paid by millions of customers across the country.

Bayraktar also described plans to expand natural gas production in the Black Sea using a floating platform called Osman Gazi.

The platform is expected to raise daily output to 20 million cubic metres from 2027, according to the minister.

A second platform is expected to bring the target to 45 million cubic metres a day from 2028.

Bayraktar said the increased output could allow three out of four households to use domestically produced gas.

He did not announce any price changes beyond saying none are planned for October and November.

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What people are saying

Alparslan BayraktarEnergy and Natural Resources Minister
There is no price change we are planning right now, but we are monitoring developments and the budget situation. For now, we have no such adjustment planned for October and November.
via Bloomberg HT
In 2027, we will set a new limit. This may fall somewhat below 4,000 kilowatt-hours.
via Bloomberg HT