BAKU, Azerbaijan, Sept.6
By Leman Zeynalova – Trend:
SHELL & TURCAS PETROL A.S. imported 173,795 tons of diesel in June 2021, as compared to 118,419 tons in the same period of 2020, Trend reports citing Turkey’s Energy Market Regulatory Authority (EPDK).
The company’s domestic sales of petroleum products in Turkey totaled 427,733 tons, including 69,759 tons of gasoline, 357,826 tons of diesel, 131.4 tons of fuel oil and 15.6 tons of kerosene in June 2021.
As for June 2020, SHELL & TURCAS PETROL A.S. sold a total of 318,949 tons of petroleum products in Turkey’s domestic market, including 50,647 tons of gasoline, 268,142 tons of diesel and 160.1 tons of fuel oil.
The company sold a total of 1.990 million tons of petroleum products in Turkey’s domestic market from January through June 2021, including 296,634 tons of gasoline, 1.691 million tons of diesel, 1,972 tons of fuel oil and 98.2 tons of kerosene.
This is while in June 2020, the sales stood at 1.610 million tons, including 238,695 tons of gasoline, 1.370 million tons of diesel, 1,713 tons of fuel oil and 54.3 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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