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Related Companies
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Related Funds
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English
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oda_PartialOrCompleteSuspensionOrImposssibilityOfOperationsAbstract|
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oda_UpdateAnnouncementFlag|
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Hayır (No)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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-
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_NatureOfSituationOccured|
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Production cut in Batman Refinery
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oda_InformationAboutOperationsSupendedOrBecameImpossible|
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Production activities in Batman Refinery
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oda_ReasonOfSuspensionOrImpossibilityOfOperations|
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Decrease in regional demand for bitumen
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oda_DecisionDateOfAuthorizedBodyIfExits|
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-
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oda_ValidityDateOfSuspensionOrImpossibilityOfOperations|
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3 June 2021
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalProductionOfCompany|
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Batman Refinery corresponds to approximately 5% of our current total crude oil processing capacity.
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalSalesOfCompany|
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No additional impact is expected on our sales
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oda_ShareOfPartiallySuspendedOperationsInTotalProductionAndSalesOfCompany|
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-
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oda_NumberOfPersonnelWhoseEmploymentContractsWereOrWillBeTerminated|
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No termination of employment due to the production cut is expected.
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oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid|
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-
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oda_PrecautionsTookIntoConsiderationByCompanyManagement|
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Necessary measures will be taken based on the Business Continuity Plan.
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oda_ConditionsRequiredForGoingIntoOperationAgain|
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The return of bitumen demand to its normal level
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oda_ExpectedDateToBeginOperations|
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31 July 2021
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oda_EffectsOnContinuityAssumptionOfCompany|
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No impact is expected.
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oda_ExplanationSection|
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oda_AdditionalExplanationTextBlock|
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Our production at Batman Refinery will be temporarily halted between 3 June 2021 and 31 July 2021, in order to manage our elevated stocks more optimally due to the decrease in regional bitumen demand. Important developments regarding the subject will be shared with our investors
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