50% Increase in BOTAŞ Gas Prices – The Right Address for Financial News



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Pipeline and Petrol Transportation Inc. (BOTA) increased the price of gas used by power plants by 49.5% as of August 1st.

According to the information obtained, BOTAŞ began sending articles on price increases to power plants from natural gas.

In the article, it is reported that electricity purchased from natural gas plants thousand cubic meters of gas from the sale price of 312 thousand pounds 20 kuruş has been expressed. Thus, the price of gas sold at a thousand cubic meters 877.6 lire was 49.5% higher.

In the article, it was stated that BOTAŞ will now pay for natural gas sold by the dollar. To date, the US dollar rate was based on 4.86 lire.

The price of natural gas used by BOTAŞ for the production of electricity will be a very strong increase of 49.5% on August 1, 2018.

The electricity used in homes was also high. Electricity prices increased by 9% in dwellings and by 14% in industrial and commercial zones, with effect from 1st August

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