Turkey hikes gas prices up 30%

Turkish state-owned energy importer BOTAS said on Wednesday it had raised natural gas prices for households, industry and electricity production, with the price for households raised by 30%.

Separately, the energy market regulatory authority (EPDK) raised electricity prices by between 15% and 25%, according to an announcement in the Official Gazette.

The price of natural gas used in industry was raised by 40% for those who consume less than 300,000 cubic metres per year and by 10% for those who use more than that amount.

BOTAS also said natural gas prices for electricity production were raised by 16.3%.