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    World Bulletin: Turkey consumes second-cheapest gas in Europe

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Figures show that Turkish consumers used second cheapest gas in European Union in the first half as the energy minister said the prices will not be hiked.

by: Sruthi

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World Bulletin: Turkey consumes second-cheapest gas in Europe

Turkey had the second-cheapest natural gas in Europe during the first half of 2014, according to European data.

The gas price per kilowatt hour in Turkey was €0.033 ($0.039) for households, and €0.024 ($0.029) for industry in the first half of last year, according to data from the European statistics agency Eurostat released on Thursday.

This was a drop in price from 2013, when natural gas was €0.041 ($0.050) per kilowatt hour for households and €0.031 ($0.038) for industry.

Energy Minister Taner Yildiz commented on Wednesday that Turkey has about the cheapest electricity and natural gas among the 28 EU countries, and that energy prices would not rise in 2015.
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