Aygaz A.S.

Detailed Description

Aygaz A.S., together with its subsidiaries, purchases and delivers liquid petroleum gas (LPG) to retailers for distribution to customers in Turkey. The company operates through three segments: Gas and Petroleum Products, Electricity, and Other. It also manufactures LPG cylinders, LPG tanks, valves, and other supplementary materials; and cylinder-hood sets and hoses, regulators, small cylinder gas devices, barbecues, and patio heaters. In addition, the company distributes LPG autogas, cylinder gas, and bulk gas; markets LPG-operated devices; carries out LPG marine transportation activities; sells carboy water; and trades in fuel and lubricants through its autogas stations. Further, it engages in the delivery of natural gas to customers through pipelines; and liquefied natural gas to customers through cryogenic vehicles. Additionally, it purchases, builds, rents, and operates vessels, which transport crude oil, petroleum products, liquid petroleum gas, natural gas and solid, liquid, and liquefied products; and generates, distributes, and sells electricity. It operates with total 362 MW of installed capacity with eight 265-MW hydroelectric power plants located in Karaman, Samsun, and Mersin, as well as a natural gas cycle plant of 97 MW in Kocaeli. The company provides its services through 2,383 cylinder gas dealers; and 1,718 autogas stations. Aygaz A.S. was founded in 1961 and is headquartered in Sisli, Turkey. Aygaz A.S. is a subsidiary of Koç Holding A.S.