Middle East Economic Survey

VOL. XLVII

No 25

21-June-2004

TURKEY

Turkeys Atas Refinery To Become Products Terminal

Turkeys Atas Refinery (Anadolu Tasfiyehanesi AS) announced on 7 June that it would cease working as a refinery and switch to products terminal operations only. The 100,000 b/d plant, located in the southern city of Mersin, is Turkeys only privately held refinery and supplied 14% of domestic demand, however the refinery had been operating at only 50% of capacity in recent years and the...