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Energy

Turkey

A key driver of the global economy, the energy sector is affected by geopolitical, economic and regulatory pressures. You require advisors who understand your industry and work with leaders of energy companies, regulators, governments, industry bodies and investors on the cutting edge of commercial, regulatory and risk issues in the sector. Based across 15 jurisdictions in emerging Europe, we have been active in the region since the beginning of the privatisation and liberalisation of the energy sector across the region. We have helped to shape the sector by advising on the most high-profile and ground-breaking projects and transactions over many years.

The CMS Turkey team comprises a unique mix of specialist energy lawyers familiar with both Turkish and international practice within the energy sector. The team has valuable specialist knowledge of the Turkish energy market, having advised for example on the liberalisation of the Turkish electricity market, which means you have access to first-hand advice on any regulatory issues which may arise. 

Our multinational team has worked on many high profile energy projects and provided advice to both local and international energy players, meaning we are ideally placed to advise both local and international investors on their energy investments in Turkey.

Our dedicated energy lawyers work in every part of the sector, including upstream and downstream oil & gas, electricity, nuclear and renewables. Whether you are a NOC, IOC, independent, electricity company, investor, government or financial institution, we have the energy specialists to meet all your strategic challenges globally.

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30/10/2018
Car­riage ban on mar­ine fuels with sul­phur con­tent above 0.50% form­ally...
On 26 Oc­to­ber 2018, dur­ing its 73rd ses­sion on 22 - 26 Oc­to­ber, the Mar­ine En­vir­on­ment Pro­tec­tion Com­mit­tee (‘MEPC73’) of the In­ter­na­tion­al Mari­time Or­gan­iz­a­tion (the ‘IMO’) form­ally ad­op­ted the car­riage ban on mar­ine fuels with sul­phur con­tent above 0.
12/10/2018
Dutch ju­di­ciary com­pre­hens­ively re­jects gov­ern­ment’s cli­mate change...
On 9th Oc­to­ber 2018, The Hag­ue Court of Ap­peal handed down its judg­ment in a long run­ning ap­peal brought by the Dutch gov­ern­ment against a judg­ment (dated 24th June 2015) of The Hag­ue Dis­trict Court. The earli­er judg­ment be­came fam­ous across the world, be­cause.
25/09/2018
In the Af­ter­math of Achmea – Does Vat­ten­fall En­sure the Fu­ture for...
On 6 March 2018, the EU Court of Justice (CJEU) held in its Achmea rul­ing that dis­pute set­tle­ment pro­vi­sions provid­ing for ar­bit­ra­tion in in­tra-EU bi­lat­er­al in­vest­ment treat­ies (BITs) are in­com­pat­ible with EU law.
21/09/2018
EU to define €100’s of bil­lions pa of sus­tain­able in­vest­ment
It is easy to ask: what does sus­tain­able in­vest­ment mean? The an­swer is not simple even though a lot rides on it. In the EU cli­mate and en­ergy space alone, the EU es­tim­ates that ad­di­tion­al sus­tain­able in­vest­ment will need to rise to €180 bil­lion per an­num (on.
27/07/2018
Oil and Gas - "Hanged on a Comma"? Punc­tu­ation in Fin­an­cing Agree­ments
Sum­mary In Vit­ol E&P Lim­ited v New Age (Afric­an Glob­al En­ergy) Lim­ited [2018] EWHC 1580 (Comm), the Com­mer­cial Court was asked to con­sider the re­la­tion­ship between a cor­por­ate lend­ing fa­cil­ity and a re­serve based lend­ing fa­cil­ity.
14/06/2018
In­ter­na­tion­al PPAs: High Court pro­tects ar­bit­ra­tion pro­cess
In At­las Power Ltd v Na­tion­al Trans­mis­sion and Des­patch Com­pany Lim­ited [2018] EWHC 1052, the Eng­lish High Court gran­ted an anti-suit in­jec­tion to a group of in­de­pend­ent power pur­chasers in Pakistan (“IPPs”) to pre­vent a col­lat­er­al at­tack against an ar­bit­ral.
23/05/2018
Oil & Gas: Im­plied con­tract for de­mur­rage out­side BP Terms
In Glen­core En­ergy UK Ltd v OMV Sup­ply & Trad­ing Ltd [2018] EWHC 895 (Comm) the Com­mer­cial Court de­cided that an ex­change of emails between parties to an ex­ist­ing crude oil sales agree­ment was cap­able of giv­ing rise to a sep­ar­ate im­plied con­tract.
14/05/2018
En­ergy per­form­ance of build­ings and Brexit: the fi­nal cut (for now)
In March 2018 we men­tioned the boost­ing of the con­struc­tion, tech­no­logy and elec­tric vehicle char­ging sec­tors by a pro­posed re­boot­ing of en­ergy per­form­ance of build­ings le­gis­la­tion. Today, the Coun­cil of the European Uni­on an­nounced agree­ment on the fi­nal ver­sion.
14/05/2018
En­ergy per­form­ance of build­ings: the fi­nal cut (for now)
In March 2018 we men­tioned the boost­ing of the con­struc­tion, tech­no­logy and elec­tric vehicle char­ging sec­tors by a pro­posed re­boot­ing of en­ergy per­form­ance of build­ings le­gis­la­tion. Today, the Coun­cil of the European Uni­on an­nounced agree­ment on the fi­nal ver­sion.
13/04/2018
The Acon­cagua Bay – “al­ways ac­cess­ible”
On 26 March 2018 the Com­mer­cial Court ruled, in an ex­tremely suc­cinct de­cision, that a war­ranty in a voy­age charter­party that a berth is “al­ways ac­cess­ible” en­com­passes both entry to and exit from the berth.
13/03/2018
Oil & Gas: JOAs, budget over­runs and op­er­at­or pen­sion de­fi­cits
In Mara­thon Oil UK LLC v Cent­rica Re­sources Lim­ited, TAQA Bratani Lim­ited and TAQA Bratani LNS Lim­ited [2018] EWHC 322 (Comm), the Com­mer­cial Court con­sidered wheth­er an op­er­at­or was en­titled to charge joint ven­ture par­ti­cipants for pen­sion fund short­falls.
12/03/2018
The next re­boot for en­ergy per­form­ance of build­ings
The con­struc­tion, tech­no­logy and elec­tric vehicle char­ging sec­tors are to be boos­ted by a re­boot­ing of en­ergy per­form­ance of build­ings le­gis­la­tion. Pro­vi­sions are also in­cluded to seek to un­lock fin­ance for en­ergy ef­fi­cient renov­a­tion of ex­ist­ing build­ing stock.