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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 |
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.