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Important Changes and Development regarding Energy Law

• The Energy Market Regulatory Authority (“EMRA”)

announced the Minimum Capitalization in the Natural Gas

Market for the year 2015 on 18.12.2014.

• EMRA announced the Liquidated Petroleum Gas (“LPG”)

Market Sector Report of October 2014 on 19.12.2014.

• The Regulation on the Amendment to the Natural Gas Market

Certificate Regulation entered into force through publication in

the Official Gazette dated 23.12.2014 and numbered 29214.

• EMRA announced the Amendment to the Natural Gas

Certificate Regulation on 23.12.2014.

• The Regulation on the Amendment to the Regulation on Natural

Gas Market Distribution and Customer Services entered into

force through publication in the Official Gazette dated

24.12.2014 and numbered 29215.

• The Regulation on the Amendment to the LPG Market License

Regulation entered into force through publication in the Official

Gazette dated 24.12.2014 and numbered 29215.

• The Energy Market Regulatory Board’s (“Board”) Decision

dated 20.11.2014 and numbered 5313/1 regarding the ratifica-

tion of the Energy Market Notification System Instruction

Manual was published in the Official Gazette dated 24.12.2014

and numbered 29215.

• The Board Decision dated 20.11.2014 and numbered 5313/2-b

regarding the abrogation of Article 11 of the Board Resolution

dated 08.03.2012 and numbered 3727 on License Applications

and Notification Explanations in the LPG Market was published

in the Official Gazette dated 24.12.2014 and numbered 29215.

• The Board Decision dated 20.11.2014 and numbered 5313-1 on

the adaption of Energy Market Notification System Instruction

Manual was published in Official Gazette dated 24.12.2014 and

numbered 29215.

• The Regulation on the Amendment to the Natural Gas Market

License Regulation entered into force through publication in the

Official Gazette dated 26.12.2014 and numbered 29217.

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NEWSLETTER 2015