Turkish Petroleum Law No. 6491 ("Turkish Petroleum
Law" or "the Law") entered into force through
publication in the Official Gazette dated 11 June 2013 and numbered
28674. Prior to the Law, Petroleum Law No. 6326 was in force for 59
years.
In this article, the important modifications enacted by the
Turkish Petroleum Law shall be analyzed.
Purpose and Scope
The purpose and scope of the Turkish Petroleum Law is set forth
under Article 1. Pursuant to said article, the purpose of the Law
is to enable expedient, continuous and effective exploration,
development and production of petroleum resources of the Republic
of Turkey in accordance with the national interests. With this
provision, the term "in accordance with the national
interests", which was subject to veto and criticism
previously, has been maintained. Another issue subject to criticism
is that this notion is not limited to the purpose and scope
provision, but can be found in the relevant law in
