The Regulation Amending the Regulation on Environmental Impact Assessment (the “Amendment Regulation”) based on the Environment Code numbered 2872, was published in the Official Gazette on February 9, 2016, entering into effect on the same day. The significant amendments brought by the Amendment Regulation are summarized in the following list; #LawBulletinTurkey #energylaw #energylawfirm #energymarketturkey #EnvironmentalLaw #energysuppliersliabilities #RenewableEnergy

Situated in the sixth biggest choke point in the world for the transit of Crude Oil 2.9 million barrels a day pass through Turkey from the Middle East, Central Asia and Russia on to Europe. Turkey has become the natural transit point for Oil and will become a major transit point for Natural Gas according to the EIA. The Turkish straits of the Bosphorus and Dardanelles are the main transit route for Russian and Caspian crude to access international markets #energymarketturkey

The Regulation Amending the Electricity Market Balancing and Settlement Regulation (“Amending Regulation”) which was published in the Official Gazette dated March 28th, 2015 and numbered 29309 come into force as of the date of July 1st, #electricitylaw #energylaw #energymarketturkey #turkishenergylaw #energylawfirm #energyindustry #energydisputes

Turkey's installed power capacity stands today at around 70 GW and the government aims to install an additional 110 GW by 2023. The aims is for 90% of the country's electricity in 2023 to be equally provided by gas, coal and renewable energy plants (30% each). Nuclear energy will provide the remaining 10%. Currently, imported natural gas provides the main bulk of Turkey's electricity generation, around 40%. #energymarketturkey #energylaw #energyindustry #energylawfirm

Turkish Petroleum Corporation (TPAO), which is currently a national oil company involved in upstream sector (exploration, drilling, well completion and production) was first founded in 1954 by the Law No. 6357 for the purposes of hydrocarbon discovery, drilling, production, refiner and marketing activities. The registered capital of the TPAO is 3 Billion Turkish Liras. #energyindustry #energydisputes #energylaw #energymarketturkey #energysuppliersliabilities

Rusya ve Türkiye arasındaki ekonomik ilişkilerin gelişmesiyle birlikte, iki ülke vatandaşları karşılıklı olarak birçok sektörde yatırım yapmaya başladı. Zaman zaman hukuki problemlerle karşılaşan yatırımcıların sorunlarını, Av. Dr. Harun Kılıç ile Rusya Sesi için özel röpörtaj. Türkiye pazarında faaliyet gösteren Rus işadamları, tıpkı Rusya ile çalışan Türk girişimciler gibi sıklıkla hukuki sorunlarla karşılaşıyor. Çoğu sıkıntı, hukuki risklerin analiz edilmemesinden kaynak

Istanbul Arbitration Center will be set up to deal with disputes in the international energy market An International Court of Arbitration will be set up in Istanbul to deal with dispute resolution of international energy cases, according to law experts. “International arbitration is preferred by companies in recent years instead of local courts in the event of commercial litigation,” said Dr. Harun KILIC, partner from KILIC & Partners International Law Firm. KILIC said that e

Water Stuctructures Wıll Be Inspected Along with the Article 88 of the Omnibus Bill, an additional Article has been added to the Law on Organisation and Duties of General Directorate of State Hydraulic Works (the Law Numbered 6200) which includes water structures in the scope of administrative surveillance. As for the Additional Article 6 of the Law Numbered 6200, water structures which are subject to surveillance are stated as follows; #energymarketturkey #energysuppliersli

EMRA (Energy Market Regulatory Authority in Turkey) has made certain amendments on the auditing principles of the companies operating in electricity market with “Regulation on Amendments on Procedures and Principles to be Applied to Auditing, Preliminary Survey and Investigation of Companies That Operate in Electricity Market” (Regulation), came into force with Official Gazette numbered 29104, dated 30.08.2014. According to the most important reform introduced with this Regul

Suppliers with special charge in Electricity Market Pursuant to EMRA’S board decision on 12.09.2012, operations of retail and wholesale electricity, operated by distribution companies shall be carried out within different legal entities from 01.01.2013 on. Therefore, “Supplier Companies With A Special Charge” is regulated by the Code of Electricty Market Numbered 6446 (the Code). Pursuant to the Code, a supplier company in the electricity market, is a legal entity which deals