BAKU, Azerbaijan, July 23
By Leman Zeynalova – Trend:
Amount of petroleum import by SHELL & TURCAS PETROL A.S. in Turkey stood at 2.124 million tons as of 2019, Trend reports citing Turkey’s Energy Markets Regulatory Authority (EPDK).
The whole amount of the petroleum imports accounted for diesel types.
This is while in 2018, the company’s import totaled 1.993 million tons of petroleum.
The company’s domestic sales in Turkey in 2019 stood at 4.009 million tons of petroleum products, including 597,433 tons of gasoline types, 3.407 million tons of diesel types, 4,259 tons of fuel oil types and 89 tons of kerosene.
In 2018, SHELL & TURCAS PETROL A.S. sold 4.147 million tons of petroleum products in Turkey’s domestic market, with 579,184 tons being gasoline types, 3.562 million tons of diesel types, 6,124 tons of fuel oil types and 112 tons of other products.
As for this year, according to the latest EPDK data, the company sold a total of 1.090 million tons of petroleum products in Turkey’s domestic market from January through April 2020, including 160,596 tons of gasoline, 928,275 tons of diesel, 1,536 tons of fuel oil and 54 tons of kerosene.
This is while in April alone the company’s domestic sales of petroleum products in Turkey totaled 191,966 tons, including 23,335 tons of gasoline, 168,579 tons of diesel, 49 tons of fuel oil and 1.9 tons of kerosene.
Turcas signed a Joint Venture Agreement with The Shell Company of Turkey Ltd. (Shell Turkey) in 2005 for retail and commercial sales, marketing and distribution of fuel products and lubricants. Shell & Turcas Petrol A.Ş. (STAŞ), in which Turcas has a 30 percent stake, commenced operation on July 1, 2006 pursuant to this agreement.
Boasting a network of more than 1,000 fuel stations across Turkey and generating TL 39.3 billion in revenue in 2019, Shell & Turcas is a sector leader and one of the largest companies in Turkey.
Shell & Turcas maintains its leadership in direct fuel sales from fuel stations with a market share of 18.7 percent. The Company also continues to lead the sector in fleet sales with a 27.8 percent market share. While sustaining a strong position in the fuel market, the company’s profitability per station is 2.5 times above the industry average.
---
Follow the author on Twitter: @Lyaman_Zeyn