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LEGAL DEVELOPMENTS

437

Important Changes and Development regarding

Energy Law

• The Technical Security and Environmental Regulation Regarding

the Construction and Operation of Pipeline Facilities for Crude Oil

and Natural Gas of Petroleum Pipeline Corporation entered into

force through publication in the Official Gazette dated 06.01.2011

and numbered 27807.

• The Law on the Amendment to the Law Pertaining to the Use

of Renewable Energy Resources for the Generation of Electrical

Energy entered into force through publication in the Official

Gazette dated 08.01.2011 and numbered 27809.

• The Draft Regulation on Amendment to the Electric Market

Distribution Regulation concerning electric vehicles was published

on the official website of Energy Market Regulatory Authority on

18.01.2011.

• The Energy Market Regulatory Agency (the “EMRA”) Board (the

“EMRABoard”) decided in its meeting dated 06.01.2011 that there

will be no promotion under the names of gift, sample, campaign

and similar names in sales of LPG auto gas as of 31.01.2011.

• The Law Pertaining to the Regulation of Some Debts and Claims

of Some Public Institutions and Establishments entered into force

through publication in the Official Gazette dated 03.03.2011 and

numbered 27863. The scope of the Law is determined as Petroleum

Pipeline Corporation (“BOTAŞ”), Electricity Generation Co. Inc.

(“EUAŞ”) and its affiliates, Turkish Electricity Transmission

Company (“TEİAŞ”), Turkish Electricity Trade and Contracting

Company (“TETAŞ”), Turkish Electricity Distribution Company

(“TEDAŞ”) and the distribution companies whose capital is held

by TEDAŞ.

• The Communiqué on the Amendment of the Communiqué

Pertaining to the Price Equalizing Mechanism that would Apply

to the Electricity Distribution Zones entered into force through

publication in the Official Gazette dated 03.03.2011 and numbered

27863.