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2018 expectations are given below; Brent Crude 55-60 $/bbl Med Complex Margin & Tupras Net Margin -We expect Med Complex margns to be 4,75 – 5,00 dollar per barrel band -Tupras net refinery margns to be 7,50-8,00 dollars per barrel Capacity Utilisation -Full Total Capacity Utilization using imported semi-products such as ASRFO and HVGO • Production: approximately 28.3 million tons • Total sales: 31.0 million tons Investment -Refining investments for 2018 will be about 250 Million dollars
-In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.