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Turkish Energy Market Regulatory Authority, EMRA, has provided a听smooth changeover for around 1,300 gas stations in either renewing or signing new distributor contracts,听Mustafa Yilmaz, head of the authority, said Monday.
During the opening ceremony of the sixth听Turkey Energy Summit in Konya, Yilmaz said that听519 gas stations have changed their distribution companies and around 800 stations have renewed their contracts with their current distributors.
In 2010, the changeover听period for gas stations was reduced from 15-20 years down听to five years.听During this changeover period, stations have the right to sign new contracts with different distributors to obtain听additional profit shares and/or avail of听transfer payments.听
After 2010, the first changeover period was set for听September 2015.
"With the authority's听regulations,听Turkey's petroleum sector has become compatible with听European standards in both product quality and integration in听global markets," Yilmaz said.
"We see competition in the fuel sector through better听service to consumers, not in transfers," Yilmaz commented.听
Currently, there are nearly 13,000 gas stations and 85 main distribution companies operating听across the country.听
By Ugur Serhan Ozcan
Anadolu Agency
ugur.ozcan@aa.com.tr
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