Termopet

What Termopet does

Termopet Akaryakıt A.Ş. is a privately held Turkish fuel distribution company headquartered in Ankara's Çankaya district. Founded as a joint-stock company on December 10, 2019 with a committed and paid-in capital of 150,000,000 TL, the company operates a nationwide branded dealer and franchise fuel-station network covering all 81 Turkish provinces, supplemented by a marine fuel delivery operation across 25+ coastal ports. Its product portfolio spans wholesale and retail petroleum products — gasoline (95 octane), standard and XTR diesel, kerosene, fuel oil, heating fuel, and LPG Autogas — alongside the Taşıtmatik fleet card and a Doğrudan Borçlandırma Sistemi (DBS) direct-debit channel for commercial customers. Revenue is generated through transaction-fee-based unit pricing at the pump and direct commercial sales.

The company serves four primary segments: retail vehicle owners, commercial and industrial fleet operators, the agricultural sector (accessed through partnerships with five Turkish banks offering interest-free fuel financing to farmers), and Turkish-flagged maritime operators (supplied at reduced ÖTV excise-tax pricing under Cabinet Decision No. 2003/5868 and held distribution permits for 2018-2021). Its go-to-market is anchored in a channel-partner model — independent dealers operate branded stations, supported by a digital dealer portal and Termometre dealer magazine. The company's ownership is concentrated in the Direkci family, with Cemil Direkci as Chairman and Filiz Direkci as Vice Chairman, and the company has published a Halka Arz (public offering) page under its Investor Relations section, signaling preparation for a future Turkish capital-markets listing.

Name

Termopet

Legal name

TERMOPET AKARYAKIT ANONİM ŞİRKETİ

Website

https://termopet.com.tr

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Termopet is a privately held Turkish fuel distributor operating a branded dealer network across all 81 provinces plus marine fuel delivery at 25+ ports, serving retail, commercial, agricultural, and maritime customers with petroleum products, LPG, and fleet-card services.

Ownership category

akta.pro rank

Product category

Fuel Distribution and Retail

NAICS

Gasoline Stations (4571), Other Gasoline Stations (45712), Petroleum Bulk Stations and Terminals (424710), Gasoline Stations with Convenience Stores (45711)

SIC

Retail-Auto Dealers & Gasoline Stations (5500), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Retail Service Station Operations (Company-Owned & Dealer-Operated) (EUALAIAA)

akta.pro secondary industries

Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB), Marine Bunkering & Port Fuel Supply (EUALAIAG), Conventional Marine Fuel Bunkering (HFO/VLSFO/MGO/ULSFO) (TLAHAKAA), Alternative Transportation Fuels Retail (EV Charging, Hydrogen, CNG/LNG, Biofuels Blends) (EUALAIAI)

Keywords

• Fuel distribution services
• Petroleum product retail
• LPG autogas sales
• Marine fuel supply
• Fleet fuel management

Headquarters

HQ city

Çankaya

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Fuel Product Sales: Revenue generated from wholesale and retail sale of petroleum products including gasoline (95 octane), diesel (standard and XTR), kerosene, fuel oil, furnace fuel, and LPG through a network of branded fuel stations and commercial sales channels.
2. Marine Fuel Sales: Specialized fuel delivery service to Turkish-flagged vessels, commercial yachts, fishing boats, and service vessels at ports throughout Turkey with reduced excise tax (ÖTV) pricing for eligible maritime operators.
3. Commercial/Industrial Sales: Direct commercial fuel sales to businesses, agricultural sector, and industrial customers through dealer network and direct commercial sales operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Termopet distributes and retails petroleum products (gasoline, diesel, kerosene, fuel oil, and heating fuel) and LPG autogas through a nationwide network of branded fuel stations covering all 81 Turkish provinces. The company also operates a specialized marine fuel supply division delivering reduced-excise-tax fuels to Turkish-flagged vessels at ports across Turkey, a fleet card management service (Taşıtmatik) for commercial customers, and direct commercial fuel sales to industrial and agricultural buyers.

Product overview

Termopet Akaryakıt A.Ş. is a Turkish fuel distribution company operating a network of branded fuel stations across Turkey. The company offers a portfolio of three main product lines: Akaryakıt (petroleum products including gasoline, diesel, kerosene, fuel oil, and heating fuel), LPG/Otogaz (auto gas), and Taşıtmatik (fleet card management). The company also operates a specialized marine fuel sales division serving commercial and recreational vessels. Termopet distributes through independent dealer stations and has operations spanning retail, commercial, and maritime fuel sales.

Differentiator

Problem solved

Functional benefit

Products and services

• Akaryakıt (Petroleum Products)

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core.

• DenizBankcoreGTM or Marketing PartnerDenizBank Üretici Kart partnership allows farmers to purchase interest-free fuel and lubricating oil at Termopet stations for 5 months. This partnership enables Termopet to reach approximately 600,000 farmers who hold the Üretici Kart.
• VakıfbankcoreGTM or Marketing PartnerVakıfbank TarımKart partnership provides Termopet dealers with special POS pricing for agricultural customers, facilitating fuel sales to the farming community.
• Ziraat BankasıcoreGTM or Marketing PartnerZiraat Bankası BaşakKart partnership enables farmers to purchase interest-free diesel and lubricating oil for 5 months at Termopet stations, with approximately 17,000 partner merchants nationwide.
• ŞekerBankcoreGTM or Marketing PartnerŞekerBank Hasat Kart partnership provides farmers harvest-time payment options for fuel purchases at Termopet stations, supporting agricultural sector financing.
• İşBankasıcoreGTM or Marketing PartnerİşBankası İmece Kart partnership allows farmers to purchase fuel at Termopet stations with up to 6 months interest-free terms, extending financing support to agricultural customers.
• EPDK (Enerji Piyasası Düzenleme Kurumu)coreOthersTurkish Energy Market Regulatory Authority (EPDK) is the regulatory body overseeing the fuel distribution sector in Turkey.
• TÜPRAŞ (Türkiye Petrolleri Rafinerileri A.Ş.)coreTechnology or IntegrationTÜPRAŞ is Turkey's primary oil refinery and crude oil processing company, serving as a key supplier for fuel distributors in the country.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Petrol Ofisi: Turkey's largest fuel distribution and branded station network operator. Directly comparable to Termopet as a nationwide wholesale fuel distributor with branded service stations, fleet cards, and lubricant offerings across all Turkish provinces.
• Opet: Major Turkish fuel distribution company with a nationwide branded station network and integrated convenience-store (Sunpet) and lubricants business. Comparable to Termopet in retail fuel, fleet card, and dealer/franchise distribution model.
• Aytemiz Akaryakıt: Independent Turkish fuel distribution company with a branded service station network across the country. Closely comparable to Termopet as a non-major independent distributor competing in retail fuel, LPG, and lubricants.
• Akpet (Akaryakıt İstasyonları A.Ş.): Turkish branded fuel station operator (historically affiliated with Demirören Group). Comparable to Termopet in nationwide fuel retail and LPG autogas distribution.

Broad incumbents

• TotalEnergies Turkey: Turkish subsidiary of TotalEnergies operating branded retail fuel stations and lubricants distribution. Comparable to Termopet in fuel marketing, lubricants (Termopet even cross-promotes TotalEnergies lubricants products), and B2B fleet services.
• Shell & Turcas Petroleum: Major international oil company's Turkish marketing arm operating a large branded retail fuel network. Comparable to Termopet in retail gasoline/diesel sales, fleet cards, and lubricants across Turkey, with broader international backing.
• BP Petrolleri (BP Turkey): Turkish retail and wholesale fuel operations of BP, with branded stations across Turkey. Comparable to Termopet in fuel retail, fleet services, and dealer model, with global major backing.
• Türkiye Petrolleri (TP): State-affiliated Turkish fuel distribution and retail brand with nationwide presence. Comparable to Termopet in retail fuel and LPG distribution, with state backing and broader energy portfolio.

Regional players

• Lukoil Turkey (LUKOIL Eurasia): Turkish retail operations of Russian-major Lukoil. Comparable to Termopet in branded retail fuel stations and lubricants, operating within Turkey but with international parent ownership.
• Sunpet (Kadooğlu / Sunpet brands): Turkish independent fuel distribution brand with regional station network. Comparable to Termopet as a non-major branded distributor in retail gasoline, diesel, and LPG, though with smaller footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/officialtermo
• Facebookfacebook.com/termopetofficial

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Termopet