Publication Date:
2013-06-13
Description:
This report will examine the Turkish domestic natural gas market, as of it is current state and recent development, but also provide analytical prognosis. Taking into account that the Turkish domestic gas market is in its early days of the liberalization, it will analyze the questions as how Turkey will conduct its relations with gas suppliers such as Azerbaijan, Russia, Iran, Iraq and possibly Turkmenistan. This, especially important as Turkey’s consumption requirements grew steadily in recent years and expected to raise further. It will examine questions whether there is an obvious evolutionary development path for gas in the Turkish energy sector and if yes, whether this supported by policy or by default. The research aims at examining of the Third Party Access (TPA) to the transport grid of BOTAŞ and the Natural Gas Market Law No. 4646 that was adopted in 2001 as a fundamental step to establish a liberal natural gas market in Turkey. The lack of full implementation of this law 12 years since the Energy Market Regulatory Authority (EMRA) has passed the law is the main impediment for Turkey to become a gas trading hub, that requires the fully liberalized domestic market. It will examine how will Turkey’s domestic gas market structure develop going forward in terms of market architecture (hubs) and key players? What is the general outlook for Turkish gas demand going forward? The report will also look at the extend to which Regulation of the TPA to LNG terminals (which was published by EMRA in 2009, and rules and procedures about utilization of BOTAŞ Marmara Ereglisi LNG Terminal and EGEGAZ Aliaga LNG Terminal by the third parties are approved and come into the force by 2010), will contribute to diversification of the supply source of Turkey when demand growth rapidly. Given the fact that Turkey is at the present the only gas market in the Southeastern Europe showing massive demand growth, should the focus of Turkey and its suppliers shift to the Turkish domestic gas market itself rather than as a transit terrain? The post Gas in the Turkish Energy Market: Policy and Challenges appeared first on Oxford Institute for Energy Studies .
Print ISSN:
0959-7727
Topics:
Electrical Engineering, Measurement and Control Technology
,
Energy, Environment Protection, Nuclear Power Engineering
,
Mechanical Engineering, Materials Science, Production Engineering, Mining and Metallurgy, Traffic Engineering, Precision Mechanics
,
Sociology
,
Economics
