Ownership Profile

Aksoy Holding

The Gateway to Shell & RWE’s Operations in Turkey

Turcas Petrol, with a history stretching back 92 years, is an oil/energy-focused investment company having subsidiaries with leading companies in their sectors. Turcas investment portfolio is focused on 2 business lines: Fuel Retail & Lubricants and Power Generation. Turcas’ subsidiary in fuel retail and lubricants market, Shell & Turcas Petrol, boasting a network of more than 1,150 fuel stations across Turkey has generated TL 55.5 billion revenues in 2021. Shell & Turcas is a sector leader and one of the largest companies in Turkey.

In the field of Power Generation; Turcas and its partner RWE took the 800 MW Denizli Natural Gas Combined Cycle Power Plant into operation in 2013. Despite tough market conditions in 2021, the plant achieved an all-time high annual power generation value in its history and supplied 4.4 billion kWh electricity to the system.