Chairman of Koc Holding and Tupras Omer Koc said that in the last 12 years, total investments in Turkey’s largest oil refinery Tupras amounted to some 5.9 billion dollars.
Koc said that 2017 was a positive year when the margins recovered in the general sense in terms of the refining sector. He explained that despite the high global capacity utilization, the growing personal vehicle park continued to make a positive contribution to the global petrol demand despite rising engine efficiencies and that strong petrochemical demand generally prevented the fall in mild distillate margins.
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Tags: financial, fuel, investment, Koc Holding, oil, refinery, Tupras, Turkey