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English
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Evet (Yes)
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Hayır (No)
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14.02.2018
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Hayır (No)
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2018 expectations are revised and given below
Brent Price Estimation
Average Brent price expectation in 2018 is unchanged at 70 - 75 $/bbl Med Complex Margin
Med Complex margn expectation is revised to 4.25 – 4.75 $/bbl in 2018
Tüpraş Net Margin
Net Tüpraş refinery margn expectation is revised to 9.5 – 10.5 $/bbl
Operations
• Capacity utilization target is revised to 95-100%
• Production is revised to ~27 million tons.
• Total sales is revised ~30 million tons.
Investment
Refining investments expense expectation is revised to 150 Million $ In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail. |
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