James Rockall, CEO of the World LP Gas Association, yesterday arrived in Ankara upon the invitation of Yagiz Eyuboglu, representative of the Turkish Union of Chambers and Commodity Exchanges (TOBB) LPG Sector Assembly.
As part of their visit, Rockall and the accompanying delegation firstly visited Chairman of Energy Market Regulatory Authority (EMRA) Hasan Koktas, and then Energy and Natural Resources Minister Taner Yildiz at his office.
During the meeting, Yildiz said that the government has implemented important legal regulations in the last decade so that Turkeyâ€™s energy market is provided with a competitive structure. â€œToday our country ranks the 15th in the world with a LPG market worth 3.7 million tons annually. The internal volume of the sector amounts to approximately $12 million.
Furthermore, the sector provides 150,000 people with direct employment. The LPG sector has become one of the dynamics of the energy market in our country thanks to these figures,â€ Yildiz noted. For his part, Rockall said that the sector employs more than two million people throughout the world.
â€œWe mention the example of Turkey on each and every platform. The energy markets management of Turkey is exemplary to the entire world in all respects. We also encourage other countries to establish similar markets consisting of regulatory institutions, which are one of the most important elements of healthy and sustainable development,â€ Rockall said, adding that they are glad with Turkeyâ€™s determination to maintain its pioneering role in that field.
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