OPET Petrolculuk

completed

Opet Petrolculuk A.S. (Opet) is an importer and retail distributor of petroleum products in Turkey. Opet is owned 50% by the Koc Group of Turkey and 50% by Opet’s founding shareholders, the Ozturk family. This project aims at strengthening the company’s position in the Turkish petroleum products distribution industry and enhancing its competitiveness. This $200 million project involves:- the construction of a greenfield marine terminal and tank storage facility which will increase the company’s oil products storage capacity to 766,000 m3; and - the expansion of the company’s existing retail distribution network with new stations primarily located in the larger cities of TurkeyThe marine terminal and storage facilities will be located on the north shore of the Sea of Marmara and will consist of a marine terminal, tank farm, truck loading facilities, pipelines between the marine terminal and the tank farm, sanitary waste treatment unit, ballast and oily water treatment facilities, and required auxiliary systems (e.g. fire fighting, steam generation, water treatment, motor control, diesel generator and a compressed air system). Opet already has storage facilities and terminals in Aliaga, Izmir; Korfez, Kocaeli; Mersin; and Konya.