ÇAĞRILI KONUŞMALAR / KEYNOTES Invited Speeches ... - TPJD

Turkey and the European Union’s Fuel Prices and Taxes
Ülker Aydın
World Energy Council Turkish National Committee
Turkey and the European Union’s Fuel Prices and Taxes Turkey’s economic development within
the basic entries is among the energy sources of oil which is expected to continue the importance
of maintaining the position today and in the future. Oil and products meet 30% of the need for
energy of the country which are used from production to consumption. We import almost 100%
of the consumption and the domestic oil prices has been affected in the same way leading to
movements in world oil prices, according to the fall of world oil prices in 2010, comparison to
2009, the pump prices was not fallen by the same amount in Turkey as a controversy. The pump
prices of oil products are mostly consisted of taxes, oil and oil product prices are affected as well
as the exchange rates in the world prices and refinery output prices of fuel products, Special
consumption tax (PCT) and obtained through value added tax (VAT). In this study; fuel pump
sales prices in our country, analysis of PCT and VAT and our country’s tax revenues from fuel
taxes is compared and searched with the EU countries. The fuel prices in Turkey are quite high
compared to in EU countries.
Keywords: Turkey, European Union’s, Fuel Prices ,Taxes
269