Population	72,974 mln 2006 estimated. Source: State Planning Organisation (SPO)
GDP/Capita	$ 5,349 2006 estimated (SPO)
Generation	Fossil fuel: 74,7% Hydro: 25,1 % Wind: 0,1% Other Renewables: 0,1%
Electricity Market Size	approx. 174 TWh in 2006
Surplus Installed Capacity over Demand	12.567 MW
Net Electricity Exports/Imports	Exports to Azerbaijan, Georgia, Syria and Iraq: 2.236 GWh Imports from Turkmenistan and Georgia: 573 GWh
Natural Gas Consumed	Approximately 36,5 bcm natural gas consumed (imported + produced) in 2007
Natural Gas Imported	Appriximately 35,6 bcm natural gas was imported in 2007
Natural Gas Consumption Forecast for 2007	37.5 bcm

Electricity

• 32% of the market is open in 2006 (%39 in 2007).
• As of March 2007; 288 private and 129 public generation licenses;1 transmission license; 20 distribution and 20 retail licenses; 23 private and 1 public wholesale licenses; 200 auto producers licenses have been granted. Another 562 applications are under different stages of licensing procedure.
• One transmission company.
• 20 distribution companies were formed in 2006, according to the electricity sector strategy paper. There are totally 21 distribution companies, including Kayseri and Surroundings Electricity Company, which is privately owned.
• Regulated tariffs in the electricity market are the transmission tariff, distribution tariff, retail tariff and wholesale tariff of Turkish Electricity Trading and Contracting Company.
• Regulated third party access: bilateral contracts with residual power pool.
• Eligibility threshold is set by the Energy Market Regulatory Board. (6 million kWh in 2006, 3 million kWh in 2007)

Natural Gas

• Natural Gas Market legislation is in line with EC Regulation 1775/2005 and Directive 2003/55/EC concerning natural gas market.
• Since 2 November 2002 until January 2008, 160 licenses have been granted by EMRA for natural gas market activities. These are 11 import, 26 wholesale, 1 transmission, 57 distribution, 15 LNG transmission, 45 CNG, 4 storage and 1 export.
• In accordance with the Natural Gas Market Law EMRA has conducted tenders for city gas distribution. As of January 2008 the distribution tender process has been completed for 53 distribution zones since the market liberalization by EMRA. 50 of those cities obtained their license from EMRA. 50 of these new distribution companies started their investments in their related distribution zones. Also out of these cities 37 cities started to use natural gas.
• Network code has been in force since September 2004, Capacity allocation is made on entry-exit system for one year base. The entry-exit transmission tariff system adopted by the Board. Rules pertaining to TPA are set out in the network code.
• At the moment, there are two LNG facilities and one underground storage facility in Turkey which are Marmara Ereğlisi LNG Terminal, Aliağa LNG Terminal and Silivri Undergraound Storage Facility. Licences for all of the three existing storage facilities granted by EMRA. On the other hand, studies are proceeding for storing natural gas in underground storage facilities. In this context there are two ongoing underground storage projects. One is Tuz Gölü Underground Storage Facility Project and the other one is Tarsus Underground Storage Facility Project. Though not yet in constructed, Tuz Gölü (Salt Lake) Underground Storage Facility obtained license from EMRA in 2007.

• According to Natural Gas Market Law, BOTAŞ is required to conduct tenders to transfer its existing natural gas purchase and sales contracts to other entities until its imports are brought down to 20% of annual consumption. The process for transfer of contracts was initiated in 2004. In September 2005 tender was launched for contract release corresponding 16 bcm, eventually 4 bcm is tendered to four different private companies. Evaluation process is completed and approved by BOTAŞ on 30 November 2006. Two of these four companies obtained import license from EMRA 2007.
• Natural gas wholesale price is determined freely by the parties since January 2008 in line with the relevant Board Decision of EMRA.
• With an amendment introduced to the Natural Gas Market Law in 2007; reconstruction of EGO and establishment of a new distribution company instead of EGO and consequently privatization of EGO was foreseen. Accordingly, a new natural distribution company in the name of Başkent Doğal Gaz Dağıtım A.Ş. has been established and this company obtained distribution license from EMRA in September 2007. The t privatization process of Başkent Doğal Gaz Dağıtım A.Ş is expected to be completed in 2008.