OUR PRICING POLICY FOR FUEL AND LPG/AUTOGAS

OUR PRICING POLICY FOR FUEL AND LPG/AUTOGAS

The main purpose of the Petroleum Market legislation is to regulate the procedures and principles regarding the establishment, implementation and disclosure of some products and service prices related to market activities to the relevant parties and the public in order to ensure transparency, equity and stability in the provision of products and services supplied to the petroleum market to users in a safe and economical competitive environment.

In accordance with the Petroleum Market Law, the product price is formed according to free market conditions and the product pricing methodology is based on the closest accessible world free market price.

Within the scope of relevant legislation and free market conditions, our Company sets the pump selling prices and publishes the recommended pump prices for fuel products. Recommended fuel pump selling prices are reference prices and dealers are not mandatory to apply the prices recommended by Petrol Ofisi. They are free to set their own pump selling prices according to market and operating conditions.

LPG/autogas pump price is essentially determined by market conditions in a competitive environment. Our company establishes the pump price within the framework of relevant legislation and free market conditions and publishes the ceiling (maximum) pump price for the LPG/autogas product.

Ceiling/maximum autogas prices are the highest applicable pump selling prices. Dealers are free to determine their own pump selling prices according to market and operating conditions unless they do not exceed the ceiling/maximum autogas pump sales price.