• Where is the oldest oil refinery in Turkey?
  • Image courtesy of Tupras. The Izmit refinery located on the north-eastern coast of the Izmit Bay of the Marmara Sea is one of the oldest refineries in Turkey. With a crude oil processing capacity of 11.3 million tonnes per year (Mtpa), the refinery fulfils more than one third of Turkey¡¯s total fuel consumption needs.
  • How much oil does Izmit refinery produce a year?
  • With a crude oil processing capacity of 11.3 million tonnes per year (Mtpa), the refinery fulfils more than one third of Turkey¡¯s total fuel consumption needs. The Izmit refinery is undergoing the FCC revamp installation project. Image courtesy of Tupras. The Izmit refinery is owned by Tupras, one of the leading refining companies of Turkey.
  • How does Turkey get oil?
  • As with natural gas, Turkey is largely dependent on oil imports; local production typically covers less than 10 percent of the country¡¯s annual consumption. Foreign oil supplies reach Turkey both by pipeline and by ship. Turkey¡¯s first oil pipeline, which connects Anatolia to the oil fields in northern Iraq, dates back to 1976.
  • Does T¨¹pra? own a refinery in Turkey?
  • T¨¹pra? controls most of Turkey¡¯s refining capacity and owns 57% of the total petroleum products storage capacity; it also has a strong indirect downstream position through its shareholding in Opet. Overview of T¨¹pra? refineries.
  • Who owns the oil industry in T¨¹rkiye?
  • State-owned TPAO is the primary exploration and production entity in T¨¹rkiye. TPAO has preferential rights in petroleum exploration and production, and any foreign involvement in upstream activities is limited to joint ventures with TPAO. As of January 1, 2023, T¨¹rkiye had six refineries with a combined processing capacity of over 826,000 b/d.
  • How has Iran impacted Turkey’s oil supply?
  • However, notable events in recent years have disrupted this relatively diversified network. Until the late 2010s, Iran met almost one-fifth of Turkey¡¯s oil demand, but the imposition of U.S. sanctions on Iranian oil in 2018 forced Ankara to move away from Tehran and scale up its imports from Baghdad.