Amendments to the Natural Gas Market Law and Market Concentration in the Turkish Natural Gas Market

Authors : Dicle Korkmaz

Pages : 37-52

Doi:10.21076/vizyoner.1501198

View : 56 | Download : 42

Publication Date : 2025-02-28

Article Type : Research Paper

Abstract :One of the main goals in the narrative of the Justice and Development Party for Türkiye is to become a regional trading natural gas hub. Reduction of the market concentration is a criterion to become a trading natural gas hub as this concept refers to a competitive market in which suppliers and buyers meet. The European Federation of Energy Traders has awarded Türkiye zero for the criterion of market concentration in the assessment of natural gas hubs in 2019, 2020, 2021 and 2023. The study analyzes the reasons for the market concentration in the Turkish natural gas market and questions the extent to which amendments dated April 2023 to the Natural Gas Market Law numbered 4646 serve as an opportunity to reduce market concentration in the market. It argues that weaknesses of the amended Law should be overcome and accompanied by changes in the method to subsidize the customers to reduce the market concentration.
Keywords : Piyasa Yoğunluğu, Doğal Gaz Piyasası, Türkiye, Doğal Gaz Ticaret Merkezi, 4646 Sayılı Doğal Gaz Piyasası Kanunu