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3 Jul 2009
Unit:
LEI
 Turkey is interested in developing its biofuel sector, to improve its security of energy supply. Currently Turkey is importing most of its energy needs. About 50% of oil is used for transportation. Biodiesel has been produced chiefly from imported oilseeds. However, the quantities of locally produced rapeseed and, to a lesser extent, safflower have increased strongly in the last few years.
Biodiesel production grew from 2005 onwards but always remained under its capacity. In mid 2008 production was completely halted. Input prices were high and supporting policies were lacking. Mixing gasoline with biodiesel is not mandatory in Turkey.
Economic reforms following the financial crisis in 2001 and a new direct foreign investment law have improved the investment climate for foreign investors. Current possibilities for the Dutch private sector to be involved in the Turkish biodiesel sector are however very limited. Local demand for biodiesel is low and a clear policy focus on biodiesel is still lacking.
Report Dutch business opportunities in the Turkish biodiesel sector
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