Energy and Natural Resources

The general principles setting out the legal requirements for licensing are defined under Law No 4646 of Turkey. Accordingly, the entities to engage in market activities shall obtain a license for each activity and for each facility respectively, if the s

By means of its geographical location, Turkey appears to be one of the sunniest countries in Europe, with the calculated solar radiation level quite similar to Portugal and Spain. In order to reduce the natural gas dependency from northern countries, Turk

Energy Policy in Turkey Turkey’s energy demand has increased over the years and Turkey’s importance in world energy market has been growing both as a regional energy transit hub and as a consumer. Turkey is dependent on natural gas imports due to rise

Law No 4646 (“Law”) which regulates the natural gas market in terms of import, transmission, distribution, storage, marketing, trade and the export of natural gas and the rights and obligations of all real and legal persons relating to these activitie

General Outlook of the Energy Market Turkey’s high economic growth which had reached almost double digits numbers by the middle of the last decade and stands around an annual average of 4% dictates new and innovative solutions to Turkey in order to reshuf

The tender processes and construction work on TANAP Project are in progress and start of the construction of this pipeline is expected in this year. This project has gained importance before its start to operate. By reason of political issues between Ukra

As is known, the renewable energy resources have gained great importance in energy production in Turkey as well as in the world. By reason of the exhaustibility of primary energy resources such as coal, oil and natural gas and import dependence on natural

The recent growth of the Turkish economy that had sprawled to the entire last decade gave birth to a new phenomenon of energy price hikes. The country’s growing appetite for ever more energy supplies necessitates a coordinated action on the part of the re

The Turkish Petroleum Law, a touchstone for goals of attracting foreign investors to Turkish petroleum industry entered into force on 11 June 2013 and has been introduced as a revolution in oil and gas industry as it was leveling the playing field for for