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gas - Latest news GMK Center

Photo – Turkey raises electricity and gas prices from April
Turkey raises electricity and gas prices from April

EPDK and BOTAS reported an average 10-25% increase in energy prices

Photo – EU reduced energy imports by 7.1% y/y in 2024
EU reduced energy imports by 7.1% y/y in 2024

In value terms, these imports fell by 16.2% year-on-year

Photo – EU plan could cut fossil fuel imports by €45 billion in 2025
EU plan could cut fossil fuel imports by €45 billion in 2025

Annual savings by 2030 could increase to €130 billion

Photo – Gas prices in Europe rose above $600: implications for the Ukrainian market
Gas prices in Europe rose above $600: implications for the Ukrainian market

Reserves in the EU are declining, while demand is growing

Photo – What’s happening in Ukraine’s gas production sector
What’s happening in Ukraine’s gas production sector

Gas production in the country should continue to grow, but there are some negative factors that will have a direct impact on investment activity

Photo – Electricity prices in Europe increased in December in most markets
Electricity prices in Europe increased in December in most markets

In Ukraine, the weighted average price of the DAM in December amounted to €136.4/MWh

Photo – Electricity prices in Europe rose in July due to increased demand
Electricity prices in Europe rose in July due to increased demand

In Ukraine, the weighted average price for solar power in July was €134.4 MWh, which is higher than in other European countries

Photo – Turkey increased gas prices for average consumers by 33.1%
Turkey increased gas prices for average consumers by 33.1%

The changes will apply to enterprises with an annual volume of natural gas usage of 300,000 cubic meters and less

Photo – Gas consumption in the EU increased by 8.8% y/y in January
Gas consumption in the EU increased by 8.8% y/y in January

The indicator became the highest in the last two years

Photo – EU gas consumption decreased by 13.5% y/y in 2023
EU gas consumption decreased by 13.5% y/y in 2023

The indicator was lower than the average level of consumption for 2017-2021

Photo – Gas consumption in the EU decreased by 7.3% y/y in September
Gas consumption in the EU decreased by 7.3% y/y in September

The September figure was below the average level of consumption for 2017-2021

Photo – Türkiye has increased gas prices for industry by 20% since October
Türkiye has increased gas prices for industry by 20% since October

The last time gas prices in Turkiye increased in September 2022

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