Tue, 21-Oct-2025

Natural gas prices hit fresh record peaks

Natural gas prices

LONDON: European and the UK gas prices rocketed on Tuesday to an all-time high on strong winter demand and simmering geopolitical tensions between key supplier Russia and consumer nations. Europe’s reference Dutch TTF gas price hit 162.775 euros/megawatt hour in late morning deals, up more than 10 per cent from Monday, while UK prices leapt to … Read more

Turkey increases gas prices by 48.4%

ISTANBUL: Turkey has raised natural gas prices by 48.4 per cent for large industrial and commercial organisation subscribers for November, while experts warned of higher inflation rates. The latest hike was announced by Turkey’s BOTAS Petroleum Pipeline Company, which also revealed that the tariff for electricity generation plants for the same month was increased by … Read more