01 June 2015
License Holders Will Need to Submit a Letter of Guarantee to the Energy Markets Regulation Authority to Obtain National Markers:
Recently, the Energy Markets Regulation Authority (“EMRA”) amended the Regulation on Implementation of National Markers in Petroleum Market (“Regulation”) by means of issuing a new regulation which was published in the Official Gazette dated June 12, 2015 (“Amending Regulation”).
01 April 2015
The Council of Ministers Introduces Important Changes to Incentives in Certain Investments:
The Council of Ministers has implemented some changes to its decree dated June 06, 2012 regarding state incentives which will be provided to certain investments (“Decree”) through its decree published in the Official Gazette dated April 08, 2015 (“Amending Decree”).