Turkey Has No Immediate Plans to Increase Natural Gas Prices

Turkey has no plans to increase natural gas prices in October or November, Energy and Natural Resources Minister Alparslan Bayraktar has announced, although future decisions will depend on economic developments and the state budget.
Speaking on a live television programme on 18 October, Bayraktar said the government was monitoring developments but had no price changes planned for the next two months.
He explained that household natural gas prices remain heavily subsidised. Consumers currently pay around $220 per 1,000 cubic metres, compared with approximately $1,000 at prevailing European prices. According to Bayraktar, government support covers well over 50% of the cost at current market prices.
The minister also confirmed that Turkey’s natural gas storage facilities were fully stocked ahead of winter, reaching 100% capacity as early as July.
Bayraktar outlined Turkey’s plans to increase domestic energy production, including expanding natural gas output from the Black Sea and developing new oil fields. The government aims to reduce dependence on imported energy and increase the share of domestically produced natural gas supplied to households in the coming years.
For consumers, however, the immediate message is clear: no natural gas price increase is planned for October or November 2026, although the government will continue to monitor costs and budget conditions.


