Skip Ribbon Commands
Skip to main content
Energy

Energy

After it was acquired by the Koç Group in 2006, Tüpraş began investing in technological development and transformation in operational excellence, production efficiency, environmental performance, and occupational safety. Tüpraş’s capex spending over the last 11 years reached USD 5.8 billion pursuant to its strategic investment decisions. As part of this effort, the largest one-off private sector industrial investment in Turkish history, the USD 3 billion Residuum Upgrade Project (RUP), was completed. As such, a large volume of imported products, particularly diesel, were displaced by domestic production, which narrowed the national current account deficit by some USD 1 billion annually.

Opet bolstered its second-place position and maintained its market share in the domestic fuel distribution sector, which grew 8% in 2016. Serving consumers at more than 1,500 Opet and Sunpet stations, Opet aims to be the first choice of customers in the sector with its “Supreme Service Philosophy.” Efforts to this end yielded significant achievements crowned with a number of awards in 2016.

Serving Turkish consumers across the country under the Aygaz, Mogaz and Lipetgaz brands, Aygaz maintains its competitive edge with its extensive dealership network, strong corporate business culture, close proximity to the end consumer along with an excellent service quality and speed. The Company registered record-breaking LPG sales of more than 2.1 million tons in 2016 and maintained its leadership in the overall LPG market with a 29% market share.

With a total installed capacity of 219 MW, Entek posted consolidated revenue of TL 302 million in 2016.

​​