Stations in Alanya Up for Sale: Russian Energy Giant Lukoil Withdraws from Turkey

Russian oil company Lukoil has announced its exit from the Turkish market and placed over 600 fuel stations up for sale, including those in Alanya.

The move comes amid U.S. sanctions, prompting the company to divest its international assets outside Russia.

Lukoil entered Turkey in 2008 by acquiring Akpet, and over time expanded to hundreds of fueling sites nationwide.

This decision could trigger a shift in market shares within the fuel sector and heighten competition among local and global operators.

It remains unclear who will purchase these stations and how the asset transfer will proceed, but experts expect the process to stretch over several months.

Regional authorities, fuel industry stakeholders, and local operators are watching closely, given the possible impact on fuel prices and availability.