Turkish fuel retailer Turkuaz Petrol, which network reached over 700 petrol stations after the acquisition of the distribution network of Turkish Petroleum, announced that it will invest 100 million dollars in new petrol stations and brand adaptation of existing ones.
General Manager of Turkuaz Petrol Cagdas Demirag said that the aim is to merge the two retail networks under one roof and to reach 800 petrol stations by the end of 2018. The two networks will be merged under one brand – Turkish Petroleum and total investments in this project would reach 100 million dollars by late 2018 or early 2019.
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Tags: fuel, fuel distribution, investment, petrol station, Turkey, Turkish Petroleum, Turkuaz Petrol