Continuing its activities in Turkey since 1912 BP Türkiyefuel activities To Petrol Ofisi decided to sell. The statement from Vitol, the parent company of Petrol Ofisi, revealed that 51 percent of BP Turkey’s rights were acquired.
BP sold its fuel operations in Turkey to Petrol Ofisi
BP reached an agreement to sell its fuel activities in Turkey to Petrol Ofisi. Although the details of the agreement are still unclear, Petrol Ofisi will acquire BP Petrolleri A.Ş., managed by BP Turkey Rafineri Limited. Official figures are expected to be announced in the coming weeks.
With the sale, all BP stations will be rebranded as Petrol Ofisi. BP has approximately 770 stations in Turkey. With this acquisition, Petrol Ofisi will have a retail network of 2700 points.
According to the statement from Vitol, BP Türkiye also provides fuel storage services. ATAŞ Anatolian Liquidator owns 51 percent of the shares. With the acquisition, Petrol Ofisi’s infrastructure and logistics assets will expand with ATAŞ Anadolu.
Currently awaiting approval from the Competition Authority The agreement will be completed in 2024 Waiting. Speaking on the subject, Petrol Ofisi CEO Mehmet Abbasoğlu said, “We are very excited about the opportunity to create a stronger strategic platform to serve the Turkish market. “We look forward to welcoming our new colleagues,” he said.
It is unclear for now why BP Turkey sold its fuel network. However, it is known that the company is turning to renewable energies in the long term. this too from oil mining in Turkey It means it’s logged out.
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