Petroleum Market Law (No. 5015). Country/Territory Türkiye Document type Legislation Date 2003 Source FAO, FAOLEX Subject Energy, Environment gen. Keyword Oil Transport/storage Authorization/permit Polluter pays principle Oil pollution Liability/compensation Geographical area Asia, Black Sea, Europe, Europe and Central Asia, Mediterranean, Middle East, Western Asia Entry into force notes The Law entered into force on 4 December 2003. Abstract The objective of this Law is to regulate the guidance, surveillance and supervision for the purpose of ensuring the transparent, non-discriminatory and stable delivery of petroleum supplied from domestic and foreign resources to consumers, directly or after processing, in a reliable, cost-effective manner within a competitive environment. The Law consists of three Parts divided into 28 articles dealing with the following matters: general provisions (Part I, arts. 1 - 23); amendments to the Electricity Market Law (Part II, arts. 24-28); temporary provisions (Part III). Holding a license is obligatory for the following petroleum activities: (a) performing refining, processing, lube oil production, storage, transmission; (b) performing liquid fuel distribution, transportation and vendor activities. The process of granting, updating and temporarily suspending or cancelling the licenses shall be undertaken by the Authority. In granting licenses, the technology, quality, safety and sustainability of the enterprise and service . The licensees must undertake the necessary arrangements to prevent environmental risks and to compensate any loss of damage caused to environment as a result of their operations. Full text English Website www.erranet.org References - Legislation Implemented by Regulation on the licenses regarding the petroleum market. Legislation | Türkiye | 2004 Keyword: Business/industry/corporations, Certification, Energy conservation/energy production, Oil, Authorization/permit, Procedural matters Source: FAO, FAOLEX Regulation on environmental impact of petrol and diesel fuels. Legislation | Türkiye | 2017 Keyword: Protection of environment, Oil, Environmental standards, Standards, Public health Source: FAO, FAOLEX Regulation on the licenses regarding the Liquified Petroleum Gas (LPG). Legislation | Türkiye | 2005 Keyword: Business/industry/corporations, Certification, Energy conservation/energy production, Oil, Authorization/permit, Procedural matters Source: FAO, FAOLEX