Trillion Energy International Inc. TRLEF

TCF.V GAS DEMAND IN EUROPE PICKING UP

[Charts1]

Supply Risk and Soaring Demand Keep European Natural Gas Prices at 1-Year High

By Tsvetana Paraskova - Nov 15, 2024, 7:30 AM CST




Supply Risk and Soaring Demand Keep European Natural Gas Prices at 1-Year High | OilPrice.com

[Artfriend]

Trillion Energy International's gas revenues are determined by BOTAS, the Turkish gas and oil supplier with a fixed price of about  10 USD /MCF. Only the purchase price of BOTAS determines the revenue of TCF.

[Guytorule]

Correct, Botas prices are not reflective of EU gas prices. Turkey also buys nature gas from Russia thru pipeline at much lower prices than EU. So Trillion is governed by BOTAS , a state owned Turkish company which has a hugh massive inflation problem in their country and pressure is on them to most likely reduce their gas pricing further to their community for both residential and commercial

[Artfriend]

Yes, the posting of rising gas prices in the EU has nothing whatsoever to do with Trillion Energy's tariff prices as this is a BOTAS fixed price.  1. If the EU gas price is below the BOTAS fixed price, this is good for TCF. 2. If the EU gas price is above the BOTAS fixed price, good for BOTAS.   This is the explanation of Art Halleran CEO TCF. So, it makes no sense to