Turkish Spot Natural Gas Market Sees 288.9% Trade Volume Surge
Türkiye's spot natural gas market experienced a significant surge on Wednesday, September 23, according to data from the Energy Exchange Istanbul (EXIST). The trade volume increased by an impressive 288.9% to around 14 million liras compared to Tuesday's total of approximately 3.6 million liras.
The spot market prices for natural gas also rose, with 1,000 cubic meters costing 17,333.04 liras on Wednesday. The cumulative trade volume for the day reached around 808,000 cubic meters.
In related news, Türkiye received about 87.65 million cubic meters of natural gas on Wednesday. The current exchange rate is US$1 equals 48.85 liras at 2:00 p.m. local time (11:00 GMT) on Thursday.