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ARTICLE · 25 APRIL 2017

Turkey Updates Rules And Procurement Processes For Petroleum Products

Moroglu Arseven
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Turkey's Energy Markets Regulatory Authority ("Authority") has amended procurement principles for petroleum products from domestic and international sources, excluding fuel oil ("Petrol Products").

TurkeyEnergy and Natural Resources
E. Benan Arseven
E. Benan Arseven
C. Hazal Baydar, LL.M.
C. Hazal Baydar, LL.M.
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Turkey's Energy Markets Regulatory Authority ("Authority") has amended procurement principles for petroleum products from domestic and international sources, excluding fuel oil ("Petrol Products"). New conditions now apply to the letter of conformity which is required for Petrol Product imports to enter free circulation in Turkey. The Authority must now also approve delivery of such products.

The Amendment Communiqué on Procedures and Principles of Procuring Petrol Products Except Fuel Oil from Domestic and International Sources ("Amendment Communiqué") was published in Official Gazette number 30003 on 10 March 2017, entering into effect on the same date.

The new conditions and rules which are introduced through the Amendment Communiqué are as follows:

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