BAKU, Azerbaijan, Aug.28
By Leman Zeynalova – Trend:
SHELL & TURCAS PETROL A.S. imported 118,419 tons of diesel in June 2020, as compared to 111,738 tons in the same period of 2019, Trend reports citing Turkey’s Energy Market Regulatory Authority (EPDK).
The company’s domestic sales of petroleum products in Turkey totaled 318,949 tons, including 50,647 tons of gasoline, 268,142 tons of diesel and 160 tons of fuel oil in June 2020.
As for June 2019, SHELL & TURCAS PETROL A.S. sold a total of 334,727 tons of petroleum products in Turkey’s domestic market, including 54,327 tons of gasoline, 280,251 tons of diesel and 148 tons of fuel oil.
The company sold a total of 1,610,853 tons of petroleum products in Turkey’s domestic market from January through June 2020, including 238,695 tons of gasoline, 1,370,390 tons of diesel, 1,713 tons of fuel oil and 54 tons of kerosene.
This is while during the period from January through June 2019, the company’s sales of petroleum products in Turkish market stood at 1.891,392 tons, including 278,436 tons of gasoline, 1,610,409 tons of diesel, 2,512 tons of fuel oil and 34 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.
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