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Ankara Petroleum Suppliers And Traders

TURKEY PETROLEUM MARKET

Petroleum Prices in Turkey

Turkey has a strategic and very good geographical location and is considered a crossroads of Northwest Asia and Europe. According to the International Journal of Oil and Gas, there are over 6,000 petroleum products. Turkey's exports in 2018 in the competition compared to a year ago had a growth of 10.22 percent. Meanwhile, the national companies distributing petroleum products in the Middle East, using the existing experts in the field

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Ataturk International Airport is the 11th busiest airport in the world and many Turkish airports are in very good condition and the number of passengers is very high. Asphalt, which is used to make roads and roofs flat or impenetrable, is one of the most widely used petroleum products. Turkey exports the most to EU countries and the use of Turkish products is very common among the countries of the world. In principle, the applicant countries for the import and purchase of petroleum products in the Middle East

What are Petroleum products?
What are Petroleum products?

In refineries, different parts of crude oil are separated and other usable products are introduced into production. According to the International Journal of Oil and Gas, there are over 6,000 petroleum products, most of which are used in our daily lives, and perhaps few people know about their relationship to oil. 

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How was bitumen discovered?
How was bitumen discovered?

The Achaemenid dynasty used bitumen for sealing and waterproofing the palace with the grandeur of Persepolis. Remains of it can be seen in the historical complex of Persepolis. Ancient Susa artists used a mixture of bitumen and heated it to obtain a composition that was very similar to stone. They used this material to make various objects as well as to make sculptures and fossils. 

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How to distinguish good paraffin from bad paraffin
How to distinguish good paraffin from bad paraffin

There are many things that can be considered in buying paraffin and first the use of paraffin should be determined because the quality of paraffin in each industry is determined by the use of paraffin in it, for example in the paraffin candle industry a lower percentage of oil is considered  as higher quality, but this is the opposite in the lubrication industry.

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What is petroleum coke?
What is petroleum coke?

Petroleum coke (Petcoke) is the final carbon-rich solid material obtained from the oil refining process and is a group of fuels known as coke. Petroleum coke is specifically obtained from a final cracking process, which is considered a chemical engineering process, and the hydrocarbons of the oil chains are divided into shorter chains in a section called the coke unit. 

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To which countries is Turkey exporting the most?
To which countries is Turkey exporting the most?

2. EnglandOne of the largest products in the top of Turkish exports to the UK is automobiles. Of course, exports to the UK do not only include cars, but also home appliances, furniture, textiles, and clothing. Consider that Turkey could export up to $ 11 billion this year.

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Turkey - fuel trends. The total volume of LPG in Turkey was 4. That’s 38% of the total car park in Turkey. Economics explain the huge presence of LPG in Turkey’s market, according to Cem Önce, Secretary General of the Turkish LPG Association. The LPG sector in Turkey was worth around $3. Turks complain that Turkey has the highest motor fuel prices in the world, but there are ways to reduce your fuel costs on your trip to Turkey. Fuel Turkey sell the following motor All Istanbul taxis, and some other cars in Turkey are fitted to use liquified natural gas instead of or diesel fuel. As is known, the petroleum explorations have come to the fore in Turkey within the discovery of new oil wells. Even if its oil production does not meet the oil demand, Turkey has been working also on reforms in oil market like in other energy sub-sectors. The Petroleum Market Law and License Regulation include rules which opens the market activities to private sector companies. The recent Petroleum Law with Law No. 2013, provides several amendments and incentives regarding oil exploration and operation in order to support and increase of the oil exploration and manufacturing activities in Turkey. This law includes advantageous principles that will attract the interest of investors and increase the oil manufacturing activities in Turkey. Petroleum areas have been divided into sea and land, which had been regulated as 18 petroleum areas. Different criteria and conditions have been set forth for each petroleum area and the license terms are longer for the seas. Application of the same license terms for all petroleum areas according to the repealed law influenced the investments negatively regarding their terms. State's share on the manufactured petroleum is based on the market price whereas this amount was calculated depending on the wellhead price. License applications for the same petroleum area which are made within 90 days have been accepted. Applications for the same petroleum area were not accepted after 4 working days according to the repealed law. Moreover, the market control of TPAO (Turkish Petroleum Corporate) has been decreased, even if it's control has not been abolished completely. According to the repealed law, the oil exploration and operation license obtaining right belonged solely to the TPAO, whereas the New Petroleum Law opens the market to private sector companies while the TPAO has a privilege in extension of expired licenses under certain conditions. The New Petroleum Law provides several customs and stamp tax reductions or exepmtions for import and transfer of certain equipments used in petroleum activities under certain conditions. In addition tax incentives, the petroleum exploration or operation license owners may benefit from the other general investment incentives with the Council of Ministers' resolution.
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https://www.petrolplaza.com/news/25576#:~:text=Tukey%E2%80%99s%20LPG%20market%20continues%20to%20grow%20strong%20The,in%20Turkey%20was%204.1%20million%20tonnes%20in%202018.
https://uk.practicallaw.thomsonreuters.com/5-524-3232?contextData=(sc.Default)&transitionType=Default&firstPage=true
https://autotraveler.ru/en/turkey/trend-price-fuel-turkey.html