Turkey's Energy Exchange hits record in spot gas trade

ANKARA

Turkey's Energy Exchange Istanbul (EXIST) trade volume in spot natural gas market hit Monday a record high for 2020, EXIST data showed on Tuesday.

Total trade on Monday amounted to 21.59 million liras, marking an hefty 384% increase over the previous day.

On March 18 this year, the trade volume in the spot natural gas market hit another record high generating 21.37 million liras since the energy stock exchange was established on Sept. 1 in 2018.

On Monday's spot market, 1,000 cubic meters of natural gas cost 1,441 liras, while the total natural gas trade volume amounted to 14.97 million cubic meters.

Turkey received 117.9 million cubic meters of pipeline gas on Monday.

US$1 equals 6.56 Turkish liras at 1129 GMT on Tuesday.