Dear Stakeholders,
As of March 2020, GüzelEnerji has been operating under the roof of OYAK, the most successful example of complementary occupational pension funds in Turkey. GüzelEnerji, which encompasses TotalEnergies Stations and M Oil, two reliable brands of the fuel distribution and lubricant industry, as well as Otojet, an electric vehicle charging business, has been included among OYAK Energy Sector companies with OYAK's sustainable growth vision and strategic approach.
With more than 60 years of deep-rooted history, dynamic organizational structure and the strength it derives from its qualified employees, OYAK plays a pioneering role in all sectors in which it operates, increasing its competitive power on an international scale and expanding its global sphere of influence in line with its sustainable growth targets.
Alternative fuels, renewable energy, clean energy technologies, electric vehicle use, battery and e-charging investments have become the main agenda items in the energy sector in 2021, a year of record increases in energy prices on a global scale. OYAK entered the fuel distribution sector with TotalEnergies Stations and M Oil under GüzelEnerji and increased the commercial profitability, competitive power and added value created by these brands every day.
As one of the leading companies in the Turkish fuel and lubricants sector, GüzelEnerji operates fuel terminals with a capacity of approximately 270 thousand m3, as well as a lubricants factory and more than 900 stations. In addition, in the field of marine fuels, GüzelEnerji maintains its leading role in the fuel sector by refueling all marine vessels sailing within the cabotage borders without SCT at many points in Turkey.
In 2022, the TotalEnergies Stations brand underwent a significant transformation with the combination of OYAK's deep-rooted experience and TotalEnergies' global strength. Building a new system based on digitalization, renewable energy and low-carbon-oriented circular economy models to manage the world's diminishing resources and rapidly increasing demand, TotalEnergies Stations has transformed into an energy company with a diverse and comprehensive product range. In line with this transformation, we inaugurated Başakşehir Mehmetçik Fuel Station No. 2 in June 2022, becoming the first station in Turkey and Europe to receive LEED certification. Operated by Mehmetçik Foundation, one of our valuable stakeholders, our station's sustainability practices such as solar energy system, electric vehicle charging station, wastewater reuse and rainwater harvesting set an example for the fuel sector.
Another brand of ours, M Oil, has been serving in the fuel and lubricant sector with 100 percent Turkish capital since 1996. M Oil carries out wholesale and retail sales of fuel oil, LPG auto gas, lubricants at its stations. M Oil represents another pride of OYAK Energy Sector companies with its wholesale sales in domestic and international markets. M Oil's lubricant and antifreeze production facility responds to all kinds of product demands from domestic and foreign markets with its Quality System Certificates.
GüzelEnerji is one of the representatives of OYAK Energy Sector companies contributing to the global fight against the climate crisis, while the Otojet brand, owned by TotalEnergies Stations, became the first fuel company to receive an electric vehicle charging network license from EMRA. Otojet will soon transform into a national charging service provider with electric vehicle charging units to be installed across Turkey.
OYAK Energy Sector companies, which constitute an exemplary model not only in Turkey but also in the world, will continue to work with unwavering faith in their country and its potential. We will continue to produce more and share the value we create with all our stakeholders, especially our valuable OYAK members.
Best Regards,
Yüksel YILMAZ
OYAK Energy Sector Group President
