The Energy Market Regulatory Board (EPDK) has begun to make arrangements for establishing a natural gas exchange. First, the "Stabilization of the Gas Market" will be established followed by the "Natural Gas Day-Ahead Market." The exchange market will not be a separate entity but will reside under the Energy Market Exchange (EPİAŞ). Natural gas and liquidated natural gas (LNG) firms will be able to trade within this market as buyers and sellers.
The exchange will serve as a platform for buyers and sellers to meet and will increase the diversity of supply. The advantage of the market for consumers will be decreasing prices because of high competition.
It is underlined that stabilization of the gas market is a necessity for a healthy, functioning exchange and that the "Natural Gas Day-Ahead Market" is expected to be opened by 2018.
The tariffs for 59 out of 69 natural gas distribution companies applied between 2012 and 2016 will be changing next year as new tariffs will be enforced by the EPDK. While distribution firms previously had the right to determine their own tariffs, distributors will now have to adhere to tariffs determined by the EPDK.
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