Petrol Ofisi, one of the most important names in the fuel market in Turkey, is one of the companies of the fuel giant BP in the Turkish market. BP Petrolleri Inc. And BP Turkey Refining LimitedHe announced he would buy.

Although the transaction price is not specified in the agreement between the two parties, the agreement becomes valid upon approval by the Competition Authority, the regulatory body. Payment process 2024 It is expected that in .

BP withdraws from Turkey; Petrol Ofisi’s market share is increasing

Gasoline Ofisi is currently 1935 to the station So it is the fuel company with the most stations in Turkey. BP, which started its operations in Anatolia in 1912, continued its operations throughout the history of the Republic of Turkey. After 111 years will have ended. The company has 770 stations. BP is also one of the stakeholders in the Baku-Tbilisi-Ceyhan pipeline.

Petrol Ofisi, founded in 1941 by decision of the Council of Ministers, was privatized in 2000 and sold to the İş Bankası – Doğan Holding partnership. Petrol Ofisi, which was fully owned by Doğan Holding in 2005, was transferred to Austrian OMV with gradual sales until 2010. Later, OMV acquired its shares from the Swiss-based company Vitol GroupHe sold it to and left Turkey.

Board member Vitol makes a statement about the takeover Chris Bak, “We are extremely pleased with this step that will enable Petrol Ofisi Group, the national pride of the Turkish energy sector, to become even stronger. The young and dynamic population and with growth potential We have full confidence in Turkey’s future.” said the CEO of Petrol Ofisi Group Mehmet Abbasoglu in ““We look forward to this exciting meeting, which will further strengthen our market power, and to the arrival of our new teammates.” he said. When the agreement is finalized, the number of Ofisi gas stations will increase to 2,705. So stations are active in Turkey 21.64% It will be owned by Petrol Ofisi.