This study attempts to analyze the deregulation process of downstream oil industry in Turkey and to develop policies concerning Turkish downstream oil industry. Privatization of Petrol Ofisi and TÜ / PRAS and the enactment of the Petroleum Market Law in 2003 were the main implementations of radical deregulation process of downstream oil industry. The main goal of deregulation process has been to create a competitive market. However, establishment of a competitive downstream oil industry has not been achieved, yet. Despite the price liberalization, price competition between distribution companies has not been realized, so far. TÜ / PRAS was transformed to a private monopoly through the privatization. Moreover, price liberalization has increased both the refining margins of TÜ / PRAS and distribution margins of distribution companies at the expense of consumers. A comprehensive competition policy about downstream oil industry should be developed immediately. Furthermore, due to its poor performance since 2003, Energy Market Regulatory Authority&rsquo / s (EMRA) responsibilities in downstream oil industry should be removed and a new regulatory authority which will solely interest with petroleum sector should be established.
| Identifer | oai:union.ndltd.org:METU/oai:etd.lib.metu.edu.tr:http://etd.lib.metu.edu.tr/upload/12607879/index.pdf |
| Date | 01 November 2006 |
| Creators | Oguz, Ender |
| Contributors | Erdil, Erkan |
| Publisher | METU |
| Source Sets | Middle East Technical Univ. |
| Language | English |
| Detected Language | English |
| Type | M.S. Thesis |
| Format | text/pdf |
| Rights | To liberate the content for public access |
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