07/10/2024
Interview

The traditional leader in the fuel, lubricants and chemicals markets: Petrol Ofisi

Petrol Ofisi, one of Turkey’s most established brands, takes the lead in many areas today. Founded in 1941, the company has contributed to the development of both the country and the society since the first day. Today, it takes justified pride of being one of the key values of Turkey as the third largest company in the country.

Continuing its traditional leadership in the Turkish fuel market and lubricants and chemicals market, Petrol Ofisi was founded during World War II, at a time when fuel shortage was on the rise and Turkey was completely dependent on foreign resources. Ever since its establishment with a staff of 9 people on February 18, 1941 as a national brand in Turkey, Petrol Ofisi has assumed the role and duty of “providing the products required within the scope of its activities and delivering them across Turkey, as well as providing support in all areas, including agriculture and industry, to strengthen and bring Turkey into the future”.

Founded as a local and national brand using Turkey’s equity, Petrol Ofisi has generated energy for the socio-economic development of the country and society since that day. Taking pride in every step it takes to move Turkey forward, Petrol Ofisi has become an exemplary industry leader that is much more than a market leader, which gives priority to people and technical safety.

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Shortly it has become a brand of pride in the country

Petrol Ofisi has a female, fire breathing wolf symbol on its logo, which is based on the female wolf Asena, one of the main elements of Turkish mythology. With only 9 people, it quickly became able to render its services accessible for the most remote corners of the country. Through these investments, it has paved the way for major development initiatives in Turkey in various fields, including agriculture and industry. After being founded by the state, Petrol Ofisi became a national treasure and source of pride thanks to its investments and was converted into a Joint Stock Company in 1983 and privatized in 2000.

World energy titan Vitol acquired Petrol Ofisi in 2017

Today, Petrol Ofisi has a unique infrastructure with more than 1,750 fuel stations, supplying fuel to over 1,400 village pumps, 9 fuel terminals, 3 LPG terminals, 20 airport supply units, 1 lubricant factory and a storage capacity of approximately 1 million cubic meters. It has created a unique synergy with another giant and multinational company. With the largest foreign capital investment in Turkey in 2017, Petrol Ofisi was incorporated into Vitol, the world’s leading fuel and energy titan.

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The only brand that can serve on land, at sea and in air

Providing great help for Turkey’s journey into the future in its history of 78 years, Petrol Ofisi is the most important brand of our country today that can supply fuel not only to land vehicles but also to marine and aviation vehicles thanks to PO Marine and PO Air. PO Marine is the only brand that can refuel in all Turkish seas along the entire coastline. Similarly, PO Air serves more than 200 leading domestic and foreign airlines in Turkey and abroad. With its unique infrastructure, experience and expertise, Petrol Ofisi also supplies fuel to many important projects such as the Istanbul Airport, Yavuz Sultan Selim Bridge, Çanakkale Bridge and highways, contributing to the development of Turkey in these areas.

Over 350 products, particularly Maxima and Maximus, are produced

Petrol Ofisi is a traditional market leader in the ‘Turkish fuel market’ as well as in the ‘Turkish lubricant and chemical market’. According to the Petroleum Industry Association (PETDER) data, Petrol Ofisi has maintained its leadership in the lubricants and chemicals market for the last 9 years in a row with a 24.9 percent market share. The company’s lubricants and grease are manufactured in its high-tech factory in Derince, Kocaeli with an annual total production of 140,000 tons and a storage capacity of 65,000 tons. Over 350 products, primarily Maxima and Maximus, produced in the factory are offered for sale at 16,000 points all across Turkey. Hosting lubricant laboratories accredited in 84 tests by the Turkish Accreditation Agency (TURKAK), Petrol Ofisi Technology Center (POTEM) is the most advanced center not only in Turkey but in a larger geographical area. It serves not only Petrol Ofisi, but also the whole sector, especially public institutions. Lubricants, produced by Petrol Ofisi with its advanced production technology and R&D capacity, offer the ideal solution to almost all the needs in this area under a single brand, with its rich product diversity. Petrol Ofisi Lubricants meet the needs of many industries such as agriculture, industrial manufacturing, marine, machinery as well as automotive.

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Lubricants are exported to 33 countries on 4 continents

Besides the Turkish market, lubricants and chemicals produced by Petrol Ofisi are exported to markets across the globe as well. In 2018, the total sales volume of these products reached 120,000 tons, 10,000 tons of which were exported to 33 countries on 4 continents. Countries such as Iraq, Romania, TRNC, Azerbaijan, Georgia, Turkmenistan, Yemen, Libya, Tunisia, Russia, Kosovo, and Bosnia and Herzegovina were among the leading export markets of Petrol Ofisi. In addition, countries such as Pakistan and Chile, which were exported to for the first time, served as examples of Petrol Ofisi Lubricants’ access to remote markets.

Turkey’s third largest company by turnover in 2018

One of Turkey’s most important national values, Petrol Ofisi makes great contributions to employment and economy with its strong impact in all areas.  According to the 2018 data of Capital 500, Petrol Ofisi is Turkey’s third largest company with its total sales revenue of $49.9 billion. With a similarly significant impact on the field of employment, Petrol Ofisi creates employment opportunities for tens of thousands of people through its dealers, as well as for more than 800 employees under the General Directorate.

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