about-us
About Us
Our Production Facilities
Our Business Partners & Affiliates
History

About Us

Purpuse Driven Approach

We are changing and transforming for a sustainable world by saying "Our Energy to the Future".

We aim to be the Leading Carbon Neutral Energy Company by 2050, with the strength we derive from our deep-rooted experience of more than 60 years.

We aim to advance our identity as Turkey's largest industrial enterprise, with our contribution to the circular economy and the responsibility we take in the journey of transition to a low carbon economy, and to lead the energy transformation.

In line with our Strategic Transformation Plan, we focus on four main business lines that we have determined as "Sustainable Refining", "Biofuels", "Zero Carbon Electricity" and "Green Hydrogen", with the basic approach of "having a balanced and diversified clean energy portfolio that supports our understanding of sustainability".

While meeting our country's energy needs without interruption, we will continue to work with all our strength to produce sustainable value together with our colleagues, business partners, suppliers and all our stakeholders.

People-Oriented Appoach

Our most valuable asset is our employees.

In an equitable, inclusive, fair, and human rights-respecting work environment, we prioritize the 'My Future Safety' approach in all our processes.

Drawing strength from our culture of R&D, innovation, and digitalization, we support the development of our human resources with knowledge and skills compatible with future business models.

Transformation for the Energy of the Future

We aim for sustainable and profitable growth with a balanced business portfolio, creating the highest added value for our country, shareholders, employees, and business partners. Along with our country's net zero journey, we have developed efficiently, resiliend and sustainable transition strategy and we continue to work with all our might to transform into a carbon-neutral energy company.

Responsible Production 

We operate with the awareness that sustainable growth is only possible by preserving the environment and natural resources. We closely follow national and international agendas and policies regarding climate change. We efficiently utilize resources in all our processes for the balance of life, contributing to the circular economy. We work to improve the environmental and social impacts of our value chain.

Inclusive Societal Benefit

With an understanding of sustainable development, we aim for inclusivity in societal benefit. We adhere to the United Nations' Sustainable Development Goals. Embracing the concept of global corporate citizenship, we run projects that support societal development in education, environment, equality, culture, and the arts by adopting a business, public, and civil society cooperation system. 

Our Values

We ensure that our core values "Safety", "Respect", "Honesty" and "Innovation" are fully adopted throughout all practices.

Our Production Facilities

İzmit Refinery

Processing Capacity

İzmit Refinery began production in 1961 with capacity to process 1 million tons/year crude oil. As a result of significant capacity increases and the conversion unit investments over the years, the Refinery's design capacity was registered at 11.3 million tons/year. Producing to Euro V standards, İzmit Refinery located in a consumption center, accounting for 33% of Turkey's consuption of petroleum products

Nelson Complexity

The Residuum Upgrading Facility, in İzmit Refinery was mechanically completed at the end of 2014. The unit convert 4.2 million tons of black products intro approximately 3.5 million tons of high-value, environment friendly white products which meet EU standards, mostly diesel, gasoline and LPG. After the Fuel Oil Conversion Facility was commissioned, İzmit Refinery reached one of the highest conversion rates in the world, with a Nelson Complexity value of 14.5.

11.3 Million Tons

Processing Capacity

3.0 Million m3

Storage Capacity

14.5

Nelson Complexity

15.6

Sales Million Tons

İzmir Refinery

Processing Capacity

With the aim of meeting Turkey's growing requirement for petroleum product, İzmir Refinery was brought intro operation in 1972. The refinery, which stardet production with an annual crude oil processing capacity of 3 million tons is now registered as having an annual refining capacity of 11.9 million tons following significant capacity increases and unit modernizations carried out over the years.

Nelson Complexity

The İzmir refinery, which has a Nelson Complexity Index of 7.66, is the only refinery in Turkey to have a machine oil production complex, with a 400,000 tons/year capacity.

11.9 Million Tons

Processing Capacity

2.5 Million m3

Storage Capacity

7.66

Nelson Complexity

8.7

Sales Million Tons

Kırıkkale Refinery

Processing Capacity

Established in 1986 to meet the petroleum demands of the Ankara, Central Anatolia, Eastern Mediterranean and Eastern Black Sea regions, the Kırıkkale Refinery has become a facility with mid level complexity by Mediterranean standards with the addition of hydrocracker, isomerization, diesel desulphurization and CCR reformer units. Kırıkkale Refinery has an annual 5.4 million ton crude oil processing capacity; its crude oil supply is realized via BOTAŞ’s Ceyhan Terminal and the Ceyhan-Kırıkkale pipeline.

Nelson Complexity

With a Nelson complexity of 6.32, the Kırıkkale Refinery has Turkey’s largest road tanker filling capacity.

5.4 Million Tons

Processing Capacity

1.3 Million m3

Storage Capacity

6.32

Nelson Complexity

4.2

Sales Million Tons

12.6 MW

Solar Power Plant

Batman Refinery

Processing Capacity

Commissioned in 1955 with a crude oil processing capacity of 330 thousand tons, Batman Refinery was the first refinery to be founded in Turkey. Following the commissioning of a new crude oil processing unit in 1972, Batman Refinery's annual crude oil processing capacity 1.4 million tons.

Nelson Complexity

The refinery has the advantage of being located near domestic sources of crude oil; however, since it does not have upgrading units, its configuration is simple and its Nelson complexity index is 1.83.

1.4 Million Tons

Processing Capacity

299 Thousand m3

Storage Capacity

1.83

Nelson Complexity

640 Thousand

Sales Million Tons

7 MW

Solar Power Plant

Entek

Our Power Plants

Koç Group’s electricity generation company Entek Elektrik began its investment activities in 1995. The first plant to be established was the Natural Gas Cycle Power Plant in Bursa in 1998, followed by the Kocaeli Natural Gas Cycle Power Plant in later years. When the partnership was established in 2011 with AES Group came to an end in 2014, the partnership’s hydroelectric power plants in Samsun and Karaman were included in Entek Elektrik’s portfolio.

In 2017, the company took over the Azmak Hydroelectric Power Plants, which have 24 MW of installed power, in Mut, Mersin. Again in 2017, the company won the largest purchasing tender among local investors and acquired the Menzelet and Kılavuzlu plants in 2018 to further expand its renewable energy portfolio.

In 2021, the company achieved a total installed power of 437 MW by purchasing the Süloğlu Wind Power Plant, which has 60 MW of installed capacity, in Edirne. In 2022, the company focused on capacity investments and increased the installed power of the Süloğlu Wind Power Plant up to 66 MW, thus boosting the total installed power of Entek to up to 442 MW. The shares of the company, which is a subsidiary of Koç Holding and Aygaz, were transferred to Tüpraş in August 2022. Following the November 2022 Regulation on the Amendment to the Regulation on Storage Activities in the Electricity Market, Entek launched projects on wind and solar power storage plants. In 2023, Entek purchased the Kınık Wind Power Plant, which has a 50 MW installed power capacity, in Izmir and increased its total installed power to 492 MW and its total zero-carbon electricity installed power to 380 MW.

Entek maintains electricity-generation activities in 11 power plants installed in 7 different cities.

1 piece

Doğal Gaz Çevrim Santrali EN

8 pieces

Hidroelektrik Santralleri EN

2 pieces

Rüzgâr Santralleri EN

Our Business Partners & Affiliates

Ditaş

Ditaş

Turkey's Largest Maritime Tanker Fleet

Boasting the largest crude oil and oil product tanker fleet in Turkey, our subsidiary Ditaş delivers our products across the world in a safe, eco-friendly way, with 15 tankers that can carry up to 648.050 DWTs.

In addition to its main area of activity, Ditaş provides services in seven other areas, including brokerage, agency, terminal vetting, and loading masters.

15Tankers
13Tugs
6Mooring Vessels
3Service Craft
1Pilot Vessel
648.050 DWT
Körfez Ulaştırma

Körfez Ulaştırma

The First Private Train Operation Company

As Turkey’s first private train operation company, Körfez Ulaştırma keeps our rafinery fuel corridor open thanks to its modern fleet that includes our country’s first dual-fuel, EuroDual hybrid locomotives. Operating in the transportation of iron ore, the company also holds the title of largest private investor in its field, with increasing investments in its fleet. It provides vital support to the clean energy future of our country and our strategic plan, as eco-friendly rail transport outperforms land tanker transfers.

12Locomotives (7 hybrids)
519Fuel Rail Cars
35 Platform Cars
Opet

Opet

Turkey's Favorite Brand in Fuel Distribution

As our partner in fuel distribution, Opet manages a diverse distribution network with an extensive storage capacity and almost 1.900 fuel stations across Turkey. Maintaining its position in the hearts of Turkish people as their favorite brand, Opet also continues to be the most prestigious brand in the industry.

5Storage Terminals (1.1 million m3)
1.857Stations
Tüpraş Trading Ltd.

Tüpraş Trading Ltd.

We Deliver Our Products to Our Customers on Four Continents and in 15 Countries

Founded in London in 2018, Tüpraş Trading Ltd. delivers our products to 50 customers in 15 countries across four continents. 

In addition to trading fuel oil, crude oil, and light and medium distillates, the company also supports Tüpraş in risk management through derivative transactions in the futures market

Tüpraş Trading Ltd. company sold more than 8 million tons of product and secured approximately 10 million tons of spot crude oil in 2022. 

We embrace inclusivity and diversity in our company. Consequently, we employ 27 experienced individuals from all over the world, of which 33 percent are women. In addition to English and Turkish, eight other languages are spoken in our company: Russian, Portuguese, French, Spanish, Urdu, Hindu, Bulgarian, and Chinese.

Tüpraş Trading Ltd. has quickly become one of the largest Turkish companies abroad thanks to its effective risk policies and dynamic structure.

Entek

Entek

Supporting Zero-Carbon Electricity with Entek

Acquired by Tüpraş in 2022 via share transfer, Entek is a zero-carbon electricity company that aims to bolster our country's clean energy future while strengthening the production portfolio in our strategic transformation journey.

With the help of Entek, we continue to make strides toward our zero-carbon energy production target of 1 GW in 2030 and 2.5 GW in 2035 in line with our Strategic Transformation Plan.

The company seeks to add value to its shareholders through 492 MW installed power capacity and long-term sustainable business models. Entek also holds 10 percent of WAT Mobilite Çözümleri Teknoloji ve Ticaret A.Ş., a Koç Group company established to promote electric car charging stations in Turkey.

492MW of Installed Capacity
8Hydro-electric Power Plants
2Wind Farm
1 Natural Gas Cycle Power Plant
Tüpraş Ventures

Tüpraş Ventures

We Are Making Firm Advances in Venture Capital

In 2022, with the establishment of our Tüpraş Ventures subsidiary, we took another step that will guide the transformation of the energy industry. By investing in line with our focal points in the entrepreneurship ecosystem, namely in Turkey, Europe, and the United States, we intend to capitalize on new technologies and opportunities through promising investments. 

Tüpraş Ventures was founded to invest in technology initiatives for future energy systems, form strategic partnerships, and strengthen the ecosystem. It invests in domestic and international sustainable refining, biofuels, carbon management, zero-carbon electricity, green hydrogen, smart information technologies, Industry 4.0, energy efficiency, the environment, and recycling and waste management.

History

Türkiye’s first oil refinery, Batman Refinery, which can be considered as the foundation of Tüpraş, began operating in 1955. İzmit Refinery, with production capacity of 1 million metric tons per year, was commissioned six years later. With time, the İzmit facility needed to expand. The refinery's crude oil processing capacity quintupled in 10 years. The next year, a new refinery, capable of processing 3 million metric tons of crude oil per year, was commissioned in İzmir. In 1974, in the İzmir Refinery, Türkiye’s only mineral oil production facility to this day commenced operations. The efforts were going ahead at full steam, and projects were being proposed to increase the refineries' capacity. The İzmit Refinery needed to be re-expanded. The work was completed in 1982, and the crude oil processing capacity of the refinery rose to 11.5 million metric tons per year. These milestones were followed by consolidating İPRAŞ and the three refineries under Tüpraş in 1983. A few years later, Kırıkkale Refinery, which can process 5 million metric tons per year, was commissioned. The following year, crude oil processing capacity expansion efforts brought the annual capacity of the İzmir Refinery to 10 million metric tons. Long-term Investment Plan studies began several years later.

Tüpraş İlk Entegre Raporunu Yayımladı

In the early 90s, Tüpraş was transferred to the Directorate of Privatization Administration. In 1991, 2.5 percent of Tüpraş’s shares were publicly offered, and the company was quoted on the Istanbul Securities Exchange for the first time. This was followed by the commissioning of Kırıkkale Hydrocracker Facility in 1993 and the opening of İzmit Hydrocracker and CCR complexes in 1997. In 1998, the company implemented the Automated Pricing Mechanism, which was expected to increase profitability. The ratio of publicly offered shares reached 3.5 percent in the late 90s, and 34 percent of Tüpraş's shares began to be traded on the Istanbul and London Stock Exchanges with the second public offering in 2000. Maintaining its investment activities, Tüpraş acquired Petkim Yarımca Complex in 2001, launched its İzmit Isomerization Unit in 2002, started its Supply Option Study in 2003, and completed the quality and environment certification processes of its refineries in 2004. A new page opened in a 50-year history that began in Batman as the company grew its publicly offered shares to 49 percent in 2005. The shares were transferred to the Koç Holding a year later.

Tüpraş İlk Entegre Raporunu Yayımladı

Acquisition by Koç Holding expedited the company’s efforts and investments. CCR Reformer and Diesel Desulphurization Units were established in the İzmit Refinery in 2007 and in the Kırıkkale Refinery in 2008. Investments in gasoline spec improvements at the İzmit Refinery began in 2009. Tüpraş’s R&D Center was opened in 2010. A loan agreement for the Fuel Oil Conversion Facility was signed in 2011, and in 2012, the company sold $700 million of Eurobonds with a 5.5-year maturity date.

Tüpraş İlk Entegre Raporunu Yayımladı

In 2014, proudly embracing the responsibility coming from being the seventh largest refinery company in Europe and the 28th in the world, Tüpraş crowned its achievements with the Fuel Oil Conversion Facility, the biggest industrial investment of the country. As the biggest single industrial investment in the history of the Turkish Republic, Tüpraş facilities continued to add more value to Türkiye and its investors.

Tüpraş İlk Entegre Raporunu Yayımladı

T. Aylin Tanker was launched the same year and embarked on its maiden voyage the next. The Effluent Treatment Plant was commissioned in 2016 for the reclaiming of the effluent discharge of the ISU Bay Effluent Facility and its reuse at the İzmit Refinery for industrial purposes.

Tüpraş İlk Entegre Raporunu Yayımladı

In the following year, Tüpraş became the first private railway operation company by establishing Körfez Ulaştırma A.Ş. This was followed by the 7000 Crude Oil Unit Modernization Project at the İzmir Refinery. The company opened to the world in 2018 thanks to the Trade Office in London. In 2019, Tüpraş was chosen as the “Most Successful Turkish Industrial Firm” by the Horizon 2020, the EU’s R&D and innovation program. Bringing Tüpraş products to more than 50 customers from 15 countries across four continents, the London Trade Office became a Tüpraş subsidiary as Tüpraş Trading Ltd. in 2020.

Tüpraş İlk Entegre Raporunu Yayımladı

By the end of 2021, Turkish energy industry leader Tüpraş shared its plans to invest in new areas that promote sustainability and to manage its current assets with an approach that focuses on sustainable and profit-based growth as part of its Strategic Transition Plan, set out with the aim of leading the energy industry of the future.

Tüpraş İlk Entegre Raporunu Yayımladı

Tüpraş’s strategic transition journey aims to become carbon-neutral by 2050 with the “Energy to the Future” motto. This transformation is fueled by enhancing the efficiency of current operations, investing in products with added value, and supporting new investments in green hydrogen, electricity, and biofuels. Tüpraş is one of the supporting institutions of the Task Force on Climate-related Financial Disclosures. It is also a member of the leading stakeholder in the hydrogen market, Hydrogen Europe, and Europe’s water platform, Water Europe. Furthermore, the company researches production of sustainable jet fuel from raw materials based on plant and animal waste. It has taken firm steps towards its goal of 1 GW of installed energy capacity by 2030, and 2.5 GW by 2035, thanks to the recently acquired Entek.

Tüpraş İlk Entegre Raporunu Yayımladı

It continues to work resolutely with an eye on its responsibility toward future generations. As a signatory to the United Nations Women Empowerment Principles (UN WEPs), the company was featured in Bloomberg’s Global Equality Index (GEI) and is a party to the Global Compact thanks to its efforts for gender equality throughout its production sites and offices and in every platform.

Tüpraş İlk Entegre Raporunu Yayımladı

Tüpraş was chosen to be one of 50 "Companies to Watch" in 2022 by Bloomberg Intelligence, Bloomberg's independent research initiative. As the seventh largest refinery company in Europe and 30th in the world, the company continues to meet Türkiye’s energy demands and bring sustainable value to its stakeholders and the economy.

Türkiye's leading industrial company, Tüpraş continues to strive for tomorrow's energy and tomorrow's Tüpraş.