[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_ForwardLookingEvaluationsAbstract|
Forward Looking Evaluations
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
07.08.2019
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|
2019 expectations are given below :

Med Complex Refinery Margin
Med Complex Margin expectation is revised as 2.75 – 3.25 $/bbl in 2019

Tüpraş Net Refinery Margin
Tüpraş Net Refinery Margin expectation is revised as 4.0 – 4.5 $/bbl in 2019

Operations Targets
Capacity utilization: 95-100%
Production: ~28 million tons
Total sales: ~30 million tons

Investment
Refining investments expectation is revised as ~150 million $

In case of a discrepancy between the Turkish and the English versions of  this disclosure, the Turkish version shall prevail.