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Turkey has highest fuel prices among EU members

Oil&Gas Materials 23 February 2011 15:03 (UTC +04:00)
Turkey has the highest fuel prices compared to member states of the European Union (EU)
Turkey has highest fuel prices among EU members

Turkey has the highest fuel prices compared to member states of the European Union (EU), Anadolu News Agency reported.

Replying to a question motion submitted to the Turkish parliament by a Republican People's Party (CHP) deputy, Turkish Energy & Natural Resources Minister Taner Yildiz said that Turkey, with 1.90 Euro per liter, had the highest fuel price among EU members.

Listing prices in other countries in his written reply, Yildiz said that Turkey was followed in the ranking by Greece with a fuel price of 1.58 EUR, the Netherlands with 1.56 EUR, Denmark with 1.50 EUR, Finland with 1.48 EUR, and by Sweden and Germany with 1.47 EUR.

Fuel's price per liter is 1.46 EUR in Belgium, 1.45 EUR in Britain, 1.44 EUR in Portugal, 1.42 EUR in Italy, 1.41 EUR in France, 1.32 EUR in Ireland, 1.31 EUR in Czech Republic, 1.31 EUR in Hungary, 1.31 EUR in Slovakia, 1.27 EUR in Malta, 1.26 EUR in Slovenia, 1.25 EUR in Lithuania, 1.24 EUR in Spain and Austria, 1.23 EUR in Luxembourg, 1.20 EUR in Poland, 1.19 EUR in Estonia, 1.14 EUR in Romania, 1.13 EUR in Latvia and Greek Cypriot side, and 1.09 EUR in Bulgaria, Yildiz said based on the data provided by EU's statistics authority, EuroStat.

Yildiz also noted that Turkey's Energy Market Regulatory Board (EPDK), in cooperation with relevant institutions, carried out studies to improve competency and predictability, and to provide stability in the energy markets.

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