NATURAL GAS MARKET LAW ( Draft Version) General Directorate of Energy Affairs

BOTAŞ Natural Gas Trading & Other Activities Natural Gas Transmission (National System Operator) LNG Facility & Storage Operations 2 Unbundling of BOTAŞ  Restructuring process will be determined by Ministry of Energy and Natural Resources taking into account Secretariat of Treasury’s, State Personnel Administration’s and BOTAŞ’s opinion.

3 National System Operator (BOTAŞ)  BOTAS Transmission Co. (as the national system operator), will be responsible for;  the operation and coordination of transmission network  taking the necessary precautions for the operation of the system.  Principles and procedures about duties and responsibilities =>> EMRA.  Import limitation artical removed. More private sector participation

Storage Underground Natural Gas Storage LNG Terminal Operations 4 Redefinition of Storage Activities  LNG terminal operating activities: “Liquification of natural gas, temporary storage and re-gasification.”

5 In order to support the LNG terminal and underground storage investments:  Investors who increase capacity or build new LNG terminals and underground storage facilities untill 31/12/2025, will benefit from incentives (5 year extension with the Council of Ministers’ decision) Incentives for private sector Organized wholesale natural gas market Operating the organized wholesale natural gas markets with the financial settlement transactions and other activities.

6 Thank you