Union of Chambers and Commodity Exchanges of Turkey

In his opening speech, Council President Akbal expressed his satisfaction that the last meeting of the Turkey Natural Gas Council in 2021 was held face-to-face. Akbal, referring to the Energy Summit held in November, said that they had the opportunity to reiterate the importance of creating a more liberal and competitive market structure liberalized by the market practices missed in the talks.

Within the agenda of the meeting, EPDK Natural Gas Market Department / Network Operations Group Chairman Dr. Bağdagül Kaya Caner made a presentation on the futures natural gas market that came into effect on October 1^st and the work carried out by EPDK to increase the depth and liquidity in the EPİAŞ Organized Wholesale Natural Gas Sales Market.

Councilor BOTAŞ Natural Gas Business and Market Operations Regional Manager Murat Önde made a presentation on natural gas transmission system, regulatory developments and grid development processes. Önde gave information about BOTAŞ's transmission activities by making statements about the consumption rates for 2021 in his presentations.

Barış Sanlı, the Energy Consultant at the OECD Permanent Representative Office of Turkey, gave assessments about the developments in the supply and demand of natural gas in his presentation titled “Europe's Difficult Winter,” and explained his expectations for 2022.

Turkey Natural Gas Council Consultant Erdinç Özen gave information about the investment needs to be made in accordance with the global natural gas demand and net zero target of World Energy Outlook, recently published by the International Energy Agency (IEA).