The Fuel Industry’s Leader Took Its Place in Turkey's Only Platform in Energy Trade and Supply: Petrol Ofisi Group at ISTRADE 2018

As the Turkish fuel and lubricants industry leader, Petrol Ofisi Group supported and participated in ISTRADE 2018, Turkey's only platform in the energy trade and supply field. Pointing out that one of the most important issues in the energy field is supply, Petrol Ofisi Group CEO Selim Şiper said, "Petrol Ofisi Group has fulfilled significant tasks related to supply since the first day it was founded and is one of the brands that are aware of the seriousness and value of this issue best. Considering the increasing energy needs of developing and growing Turkey, this summit carries an even more important role as a platform.”

Organized with the support of the Ministry of Energy and Natural Resources and EPDK, the 3rd of the Energy Trade and Supply Summit – ISTRADE 2018, was held at Raffles Istanbul Zorlu Center between 9-10 April this year. During ISTRADE 2018, Turkey's only platform in the field of energy trade and supply, important and expert names of the sector discussed the problems and latest developments in energy trade.

As in previous summits, ISTRADE 2018, which attracted great interest from both domestic and foreign participants, was supported by Turkey's leading non-governmental organizations in the energy field, such as TOBB, PETDER, ELDER, ETD, PETFORM, EÜD, GAZBİR, and GAZID. Petrol Ofisi Group, along with Vitol, one of the world's largest energy trading companies, was among the supporters of this powerful platform.

“Energy is the most crucial need of a developing and growing Turkey.”

Petrol Ofisi Group CEO Selim Şiper emphasized that in the face of the increasing energy need of developing and growing Turkey, the trade and supply factors in this field are of greater importance and continued: ”Petrol Ofisi Group is a company that was established during World War II period, to meet the critical need of fuel supply when it was at its peak and to deliver it all over the country. Today, we provide for a large part of Turkey's presence in this field with our massive infrastructure investments, from our storage facilities to our terminals, which have successfully been established to fulfill this important mission. This is why we are undoubtedly one of the companies that know best the value, importance, and seriousness of energy trade and supply for Turkey. Considering the increasing energy needs of a growing and developing Turkey, this issue is of much greater prominence. Therefore, ISTRADE 2018 fulfills a very critical task as the only platform that brings all the representatives of this field together.”

More than 30 speakers discussed energy on eight various panels

At the 3rd Energy Trade and Supply Summit, more than 30 speakers, consisting of influential senior names in their fields, shared their future predictions, expectations, and current market evaluations about energy on eight different panels. The following topics were discussed at ISTRADE 2018: “Digital Transformation in Energy Trade,” “Retail Electricity Markets and Distribution,” “Trade and Supply in Electricity Markets,” “Fuel Trade and Storage,” “Natural Gas Trade in Turkey,” “The Balkans’ Regional Gas Trade in Turkey,” “Trade and Digitalization in Fuel Markets,” “ETD Istanbul Traders Meeting.”