PETFORM

TRGAS HUB PROJECT LAUNCHING MEETING

TRGas Hub Project Launching Meeting

Launch meeting was held on December 13, 2013 at the Ankara Sheraton Hotel hosted by PETFORM in order to publicize the TRGas-Hub project and to inform the sector's stakeholders about the content of the project. The meeting was attended by the Minister of E...

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TRGas Hub Project Launching Meeting

Launch meeting was held on December 13, 2013 at the Ankara Sheraton Hotel hosted by PETFORM in order to publicize the TRGas-Hub project and to inform the sector's stakeholders about the content of the project. The meeting was attended by the Minister of Energy and Natural Resources. Mr. Taner Yıldız and Chairman of the Energy Market Regulatory Authority. Senior representatives from public and private sectors, including Hasan Köktaş, have participated. The Strategy Development Directorate of the Ministry of Energy and Natural Resources, the main partners of the project, the European Federation of Energy Traders and ICIS Heren representatives were also present at the meeting.

The opening speech had been made by PETFORM Chairman of the Board of Directors, Mr Orhan Duran. At the beginning of his speech, Duran pointed out that Turkey's natural gas market has grown in parallel with the developments in the country's economy in recent years. Mr Duran also emphasized that the TRGas-Hub Project would contribute to the strategy of becoming the Energy Trade Center of our country and emphasized that this strategy could only be achieved with good manpower and qualified human power and shared the innovations that the project will bring to this field country.

After Duran, Minister of Energy and Natural Resources, Taner Yıldız, thanked to people who work for the preparation of the project. After giving information about the liberalization and transparency process of the Turkish natural gas market, Yıldız stated that TRGas-Hub project will make a significant contribution to this process by emphasizing the importance of educated human power to manage the transformation process of the market. Mr Yıldız expressed that they would always support such successful projects developed by the private sector as the Ministry.

After Mr Yıldız, the project partners took their word for it. Mr Levent Özcan Caner, Energy Strategy and Market Monitoring Department Chairman, who spoke on behalf of the Strategy Development Department of the Ministry of Energy and Natural Resources stated that market liberalization takes place within the Ministry's priority policies and that the process of liberalization experienced in the natural gas market will continue without interruption.

On the other hand Mr Colin Lyle, Chairman of the Board of the European Federation of Energy Traders (EFET) and Chairman of the Gas Committee, expressed satisfaction that EFET has been working on an energy trade vision without boundaries and that recent developments in Turkey's natural gas market are interesting and that they are involved as partners in the TRGas-Hub project. In her speech Ms Loise Boddy, Director of Global Energy Markets on behalf of ICIS Heren stated that Turkey has been closely following the energy market since 2009 and that it will provide all the benefits of its contribution to the development of the Turkish energy market under the TRGas-Hub project.

After all the speeches PETFORM Deputy Secretary General Mr. Eser Özdil made a presentation with the aim of informing participants about the contents of the TRGas-Hub Project. After the questions about the project were answered, the launch meeting was final. Following the launch meeting, the meeting between the project partners and the activities to be performed within the next 6 months of the project have been determined. A consensus was reached on the urgency of starting work on these activities.