13.01.2026 13:30
Aytemiz Akaryakıt, which has over 800 dealers across Turkey, changed hands for the second time in the last two years. In 2023, the company transferred from Doğan Holding to the Russian oil giant Tatneft, and this time the control was handed over to TNCI Holding, linked to the Republic of Tatarstan. The sale is said to have occurred due to U.S. sanctions against Russian companies.
Aytemiz Fuel Distribution Inc., which has one of the most widespread distribution networks in the Turkish fuel sector, has experienced a notable ownership change. The company has moved from the Russian oil company Tatneft to the control of TNCI Holding, an investment group affiliated with the Republic of Tatarstan. The parties did not share any figures regarding the sale price.
"THE FIRST SALE REFLECTING US SANCTIONS ON TURKEY"
Journalist Olcay Aydilek, who announced the development to the public, highlighted the connection of the sale to international sanctions in a post on the social media platform X. According to Aydilek's report, Tatneft's divestment of Aytemiz is considered one of the first concrete examples of sales observed in the Turkish market following the US sanctions on Russian energy companies.
IT HAD PASSED FROM DOĞAN HOLDING TO TATNEFT IN 2023
Aytemiz Fuel joined Tatneft with a value of approximately 336 million dollars after Doğan Holding transferred its shares in 2023. With the latest transaction, the company's shares have now passed to TNCI Holding, which is connected to Tataristan but is a separate entity from Tatneft.
IT HAS 840 STATIONS
Aytemiz operates with approximately 840 fuel stations across Turkey. The company's storage terminals located in Mersin, Izmit, Kırıkkale, Trabzon, and Alanya provide a strong supply infrastructure in the sector with a total capacity exceeding 250,000 cubic meters.