The 11th edition of the Energy Deals report which is the annual analysis of mergers and acquisitions in the Turkish energy market is published.
In addition to the analysis of mergers and acquisitions in the Turkish energy market in 2018, the report highlights the expectations for 2019.
According to the report, 2018 saw 23 energy deals with 56% year on year decrease in estimated and disclosed total value to USD 1.52 billion from USD 3.45 billion in 2017. And historically, these marked the lowest levels since 2011.
The report also highlights that the political stability, recovery in the local currency and a more market-based approach will be the major watch-outs to unlock the deal potential for both the local and foreign investors in the Turkish energy market in 2019 while it is noted that making predictions for 2019 is not easy.