Chairman of Turkish Energy Market Regulatory Authority (EPDK) Mustafa Yilmaz announced that electricity exchange EPIAS, established in March 2015, will begin trading natural gas as of April 2018 on a new electronic platform.
Yilmaz said that a liberalized spot natural gas market, which ensures high competition between buyers and sellers as well as better pricing mechanism, has been deemed necessary for Turkey by sector leaders, exporters and government authorities. Thus, EMRA has collaborated with the Ministry of Energy and Natural Resources to expedite and conclude the process to establish a spot gas market within EPIAS.
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Tags: electricity exchange, EPIAS, gas, Turkey