Turkey: M&A/Private Equity

The Natural Gas Market License Regulation (the “Regulation”) regulates the licensing system in detail and treats a license as an authorization granted by the Energy Market Regulatory Board (the “Board”) to legal entities for the purpose of carrying out market activities. In this respect, a license is not merely an authorization document obtained at the commencement stage of activities; it is also a regulatory instrument that ensures that the license holder’s scope of activity, shareholding structure, trade name, facility information and other license elements remain up to date.

The Communiqué Amending the Communiqué on Mergers and Acquisitions Requiring the Approval of the Competition Board (“Communiqué No. 2010/4”) (Communiqué No. 2026/2, “New Communiqué”) was published in the Official Gazette dated 11 February 2026 and entered into force.

Ulaştırma ve Altyapı Bakanlığı tarafından yayımlanan “Kıyı Tesislerine Yeşil Liman Sertifikası Düzenlenmesi Hakkında Yönetmelikte Değişiklik Yapılmasına Dair Yönetmelik” (“Değişik Yönetmelik”), 24 Mart 2026 tarihli ve 33203 sayılı Resmî Gazete’de yayımlanarak yürürlüğe girmiştir.