Turkey's Energy Market Regulator EPDK Implements LNG Import Regulations Following US Agreements
Turkey's Energy Market Regulatory Authority (EPDK) has introduced new regulations for LNG and spot natural gas imports, enhancing infrastructure for US-sourced LNG. These regulations support a significant 20-year agreement with Mercuria and a future deal with Woodside, establishing licensing for LNG export and facilitating market-based gas pricing. The framework positions Turkey to become a natural gas exporter, with provisions for deliveries to European and North African terminals.
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Turkey's Energy Market Regulatory Authority (EPDK) has established new regulations for LNG and spot natural gas imports, facilitating infrastructure for LNG sourced from the United States. The changes, published in the Official Gazette, officially initiate the 'Liquefaction' and 'Floating Storage and Regasification Unit (FSRU)' periods in natural gas licensing.
This legal framework supports a 20-year LNG agreement with US-based Mercuria, signed in September 2025, amounting to 70 billion cubic meters, and an additional deal with Australian company Woodside starting in 2030. New licensing requirements for LNG export have been introduced, alongside definitions for terms like LNG and spot gas imports. The regulations allow for transparent gas pricing based on market demand and enable Turkey to act as a natural gas exporter, with provisions for delivery to European and North African terminals.
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