New Regulation Changes from EPDK for the Oil Market

Important Regulations from EPDK

Energy Market Regulatory Authority (EPDK) has redefined the revision processes in tariffs with changes made to the current Petroleum Market Pricing System Regulation. These changes are of critical importance for the players in the energy sector.

Regulation Changes Published in the Official Gazette

The Regulation on Amendments to the Petroleum Market Pricing System Regulation by EPDK was published in today’s issue of the Official Gazette. With these changes, some expressions related to the petroleum market have been updated, and "New Turkish Lira" has been revised to "Turkish Lira."

New Process for Tariff Changes

With the new regulation, tariff changes can be made by the license holder a maximum of two times within a calendar year. The changes will be evaluated considering economic indicators and reference tariffs, and approved tariffs will continue to be applied, regardless of any stoppage.

Tariffs and Price Lists Subject to Notification

Tariffs subject to notification will come into effect from the date they are published on EPDK's website and will not require approval. Additionally, procedures for changing price lists have been clarified, stating that these lists will be notified within the scope of the Energy Market Notification Regulation.

New Standards for Announcement Boards

Another important change in the regulation concerns price announcement boards at fuel stations. Now, at stations with multiple announcement boards, it has become mandatory for the fuel name, price information, and visuals on the boards to be consistent. Different price displays will not be allowed.

Transitional Regulations and Implementation Period

With the transitional provision, stations will be required to complete their adjustments to eliminate inconsistencies on announcement boards by December 31, 2025. The new provisions will start to show their effects from today.