A Major Fuel Storage Terminal: ATAŞ

Turcas is an indirect shareholder of ATAŞ (Anadolu Tasfiyehanesi A.Ş.), which commenced operations in 1962 in Mersin as a petroleum refinery and continues to operate today as a fuel terminal. At present, ATAŞ is jointly owned by PO (Vitol) (61.45%) and Shell & Turcas Petrol A.Ş. (38.55%). While Turcas was a direct shareholder of ATAŞ until 2026, it divested its 6.02% stake to Shell & Turcas Petrol A.Ş. in March 2026, thereby exiting its direct shareholding. It currently maintains an indirect interest of 11.57% in ATAŞ (38.55% × 30% = 11.57%).

Following the shareholders’ strategic decision in 2004 to cease refining operations and transform the facility into a large-scale petroleum products terminal on the Mediterranean coast, substantial investments were undertaken. As a result, the ATAŞ Terminal now operates under a licensed storage framework.

The terminal offers a total storage capacity of 577,000 cubic meters for petroleum products and is supported by berthing facilities capable of accommodating large-capacity vessels.