Koç Holding Investor Presentation
Competition # 1 (SOCAR-STAR Refinery)
STAR Refinery (Total Cap. 10 mn ton)
Production
2019
mn ton
Turkish
Demand
Balance
Tüpraş
Star Total
Goldman Sachs has acquired a 13 percent stake in SOCAR Turkey for $1.3 billion.
Goldman Sachs has the right to resell 10 percent of its stakes to Socar, and the
remaining 3 percent to 'Sermaye Investments Limited' owned by SOCAR within 6 year
at the same price.
LPG
1,2
0.3
1,5
4.2
-2.8
Petchem Feeds
0,3
2.6
2,9
Credit
: 3.3 Billion $
3,3 billion dollar credit agreement. First 4 year
grace period total 15-18 year term.
Gasoline
5,8
5,8
2,4
3,4
Equity
: 2.4 Billion $
Total Investment : 5.7 Billion $
• Project finance is supplied to company (US$
1.5 billion)
Jet Fuel
5,4
1,6
7,0
5,0
2,0
It is planned to be commissioned in 2018.
Star Refinery Production Numbers (K Ton)
Diesel
10,2
4,8
15
26,1
-11,1
Coke
0,8
0.7
1,5
4,6
-3,1
Diesel
4.800
Jet Fuel
1.600
Fuels
Sulphur
158
Petrocoke
698
LPG
260
Petrochemical
Naptha
1.600
Feedstock
Mixed xylene
460
Reformate
524
Investor Presentation
OUTLOOK FOR 2018
www.tupras.com.tr
Fuel Oil
1,5
1,5
1,3
0,2
Bitumen
3,1
3,1
3,3
-0,2
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