Fuel Oil and LPG Industry
According to the data of Energy Market Regulatory Authority (EMRA) for December 2019, consumption of petroleum products in Turkey was 29.9 million tons, up by 2.2% compared to the previous year. Decreasing to 24.9 million tons down by 0.4% compared to the previous year, diesel had the highest share in annual consumption. Gasoline consumption increased by 3.2% to 2.4 million tons.
Turkey is one of the countries where LPG is widely used. Approximately 25% of the LPG consumed in our country is produced at the refineries in the country, and the rest is imported. According to the data of EMRA for December 2019, total LPG demand in Turkey is distributed as 80% autogas, 18% LPG and 2% bulk gas.
As of August 2020, OYAK decided to maintain TOTAL and M OIL brands and to merge all operations of these brands under Güzel Enerji Akaryakıt A.Ş., and the transaction aimed to increase efficiency and synergy.
According to the data of EMRA for December 2019 related to distributor license holders, Güzel Enerji Akaryakıt A.Ş. ranks fifth with a market share of 6.25 percent in diesel and 6.56 percent in gasoline, while Milan Petrol Sanayi ve Ticaret A.Ş. ranks 11th with a market share of 1.19 percent.
In 2020, Güzel Enerji Akaryakıt A.Ş. (TOTAL and M Oil Stations), one of the strong players of the fuel oil and autogas industry with a station network of more than 900 stations in Turkey directly affecting more than 30 major sectors, and Milangaz, operating in autogas, bottled LPG, bulk gas and wholesale segments in 81 cities and more than 950 districts of Turkey for 60 years, joined the OYAK Energy Group Companies.
Milangaz is one of the industry’s most prominent players in the bottled LPG and autogas market, and has one of Turkey’s most widespread and powerful logistics networks with five sea terminals, an LPG storage capacity of 130,000 m3, 19 tube filling facilities, more than 550 autogas dealers, approximately 1.200 bottled LPG dealers, and an LPG storage capacity of 55 thousand tons.
Turkish Electric Energy Sector
As of the end of 2020, the total installed capacity with licensed and unlicensed production in Turkey is 94,860 MW, up by 4% compared to 2019. The increase in installed capacity in 2020 compared to the previous year is 3.593 MW. There has been an increase of 2,058 MW in hydraulic installed capacity, 41 MW in geothermal installed capacity, 144 MW in solar power plant installed capacity, and 843 MW in wind power plant installed capacity, while the thermal installed capacity decreased by 403 MW. As of the end of 2020, the total installed capacity of unlicensed power plants increased by 17 percent to 6,823 MW.
In 2020, the total electricity energy generation in Turkey has been 302.8 kWh, while export is 2.5 billion kWh and import is 1.9 billion kWh. In 2020, natural gas plants accounted for 22.5 percent within the total electricity generation, while hydroelectric plants accounted for 25.8 percent, imported coal plants accounted for 20.7 percent, lignite plants accounted for 12.5 percent and other plants accounted for 18.5 percent.
In 2020, Market Clearing Price has been TRY 278.72/MWh, up by 7 percent compared to 2019. YEKDEM Unit Cost, another important industrial cost element for consumers, was TRY 120.60/MWh in 2020.
While İSKEN, one of the companies of OYAK engaging in activities in the electric energy sector, is one of the largest international investments of our country in this sector, it is also one of the largest thermal power plants of our country.
OYAK Energy, the holder of Supply License, operates in the field of wholesale and retail electricity supply. The company has started electricity supply activities primarily to OYAK Group Companies since April 1, 2018, and continues its activities after the improvements made in 2019.
Has one of the largest thermal power plants in Turkey. İSKEN Sugözü Power Plant is located at Sugözü in İskenderun and meets 3 percent of the total electricity need of Turkey with a total net installed electricity generation capacity of 1,308 MW.
With its basic principle to generate environment friendly energy in a healthy and safe work environment and its “Energy Management” approach, İSKEN provides customers with electrical energy supply and other related electricity market services in the wholesale and retail electricity market.