Price of natural gas set to drop by 15% in January 2016
With the price of oil in decline over the past year, the cost of natural gas for both household consumers and industrial use is expected to drop in January.
According to a report in Ta Nea the natural gas supplier DEPA is geared towards reducings its prices for the three natural gas provides in Attica, Thessaloniki and Thessaly.
In Attica, where the there are about 320,000 natural gas consumers, the company is rumored to reduce its prices by about 15% during the first quarter of the year, when consumption is high. Over the past two years prices have dropped by about 20%.
Aside from natural gas though, the cost of oil will drop, with industrial consumers set to benefit the most from this. The drop in the cost of oil for industrial use may be up to 35% on an annual basis.
You may be interested
A Greek & a Cypriot on POLITICO’s list of the 28 most influential EU personalities for 2018makis - Dec 15, 2017
One of the two names is more than well-known both in Greece and around Europe as it belongs to the…
Tito’s granddaughter sides with Greece against FYROMmakis - Dec 15, 2017
“Although my grandfather, Josip Broz Tito, ‘gave’ the name ‘Macedonia’ to one of the six constituent republics of Yugoslavia, it…
Education Minister Gavroglou opens a window for election of the Islamic mufti in Komotinimakis - Dec 15, 2017
A few days after the visit of Turkish President Recep Tayyip Erdogan to Greece, the Minister of Education, Kostas Gavroglou…