Aygaz

Aygaz A.Ş. is a Turkish energy company founded in 1961 and majority-owned by Koç Holding. Its core business is the importation, storage, distribution and sale of liquefied petroleum gas (LPG), serving household, automotive and industrial customers. The company operates across the main LPG formats used in Turkey, including cylinder gas, autogas and bulk LPG, and it also manufactures and sells equipment associated with LPG use. Aygaz has maintained a leading position in Turkey’s LPG sector since its establishment. Its distribution system reaches all 81 provinces of Turkey through a network of more than 3,800 cylinder-gas dealers and autogas stations. The company’s household business is built around cylinder delivery, while its automotive business supplies Aygaz Euro LPG+, an autogas product used by more than one million vehicles each day according to the referenced company description. Aygaz cylinders are reported to reach more than 100,000 homes daily. The company’s activities extend beyond LPG retailing. Through subsidiaries and affiliated businesses, Aygaz brings together Koç Holding’s energy interests outside the oil and refinery segment. The referenced portfolio includes Mogaz, Akpa, Aygaz Doğalgaz, Anadoluhisarı Tankercilik, AES Entek, EYAŞ and United Aygaz LPG Ltd. These interests cover areas such as natural gas, electricity, LPG trading, maritime transportation and related energy infrastructure. Aygaz also exports LPG equipment to 22 countries in Europe, Africa and the Middle East. Its operating model combines bulk energy procurement and storage with a nationwide dealer network, branded consumer products and specialized logistics. The company reports a workforce extending across its headquarters, facilities and dealerships, with more than 15,000 personnel included in the referenced description. Aygaz is partly publicly held through the Turkish capital market while remaining controlled by Koç Holding. For 2022, the referenced Wikipedia material reports consolidated sales revenue of 6,413 million Turkish lira and consolidated net profit of 465 million Turkish lira. These figures are time-specific and should not be treated as current performance indicators. Overall, Aygaz is positioned as a national-scale LPG and broader energy platform whose brand identity rests on distribution reach, household cylinder service, autogas availability and integration with the Koç Group’s energy activities.

Aygaz was established in Turkey in 1961 and developed as Koç Holding’s principal LPG-focused energy company outside the group’s oil and refinery activities. From its foundation, the company concentrated on making LPG available to households, motorists and industrial users through storage, distribution and branded sales operations. The company’s historical importance comes from the scale of its LPG infrastructure and its sustained leadership in Turkey’s LPG sector. Its business expanded beyond a single fuel format to cover cylinder LPG for homes, autogas for vehicles and bulk LPG for larger consumers. Aygaz also began manufacturing and marketing LPG-related devices, allowing the brand to participate not only in fuel distribution but also in the equipment used by customers. Over time, Aygaz built a nationwide route-to-market based on cylinder dealers and autogas stations. The referenced company description states that the network serves all 81 Turkish provinces and includes more than 3,800 cylinder-gas dealers and autogas stations. This distribution footprint supports daily delivery of cylinders to more than 100,000 homes and daily use of the company’s Aygaz Euro LPG+ autogas by more than one million vehicles. Aygaz’s corporate scope subsequently broadened through subsidiaries and affiliates connected with LPG trade, natural gas, electricity and maritime transportation. The referenced portfolio includes Mogaz, Akpa, Aygaz Doğalgaz, Anadoluhisarı Tankercilik, AES Entek, EYAŞ and United Aygaz LPG Ltd. This structure reflects the company’s role as a platform for Koç Holding’s energy businesses outside the oil-refining area rather than as a narrowly defined consumer-fuel label. The company also developed an international equipment business, exporting LPG devices to 22 countries in Europe, Africa and the Middle East. Its principal market, however, remains Turkey, where the brand’s visibility is reinforced by its household cylinder service and automotive-fuel network. Aygaz is majority-owned by Koç Holding and partly floated on the Turkish stock exchange, combining group control with public-market participation. The referenced profile identifies Aygaz as one of Turkey’s largest industrial organizations according to an Istanbul Chamber of Commerce listing. It reports 2022 consolidated revenue of 6,413 million Turkish lira and net profit of 465 million Turkish lira. No additional historical financial periods, leadership records or detailed corporate chronology were supplied in the source material used for this dossier.

• 2022

  Reported 2022 consolidated results

  [1]Aygazen.wikipedia.org

  The referenced profile reports consolidated sales revenue of TL 6,413 million and net profit of TL 465 million for 2022.

• 1961

  Aygaz is founded

  [1]Aygazen.wikipedia.org

  Aygaz is established in Turkey and begins the corporate history that would make it a long-standing LPG-sector company.

A nationwide Turkish LPG and energy brand emphasizing distribution scale, household reliability, automotive fuel availability and broad access through dealers and stations.

• Household fuel

  Cylinder LPG

  Aygaz distributes LPG in cylinders for household use through a nationwide dealer network. The referenced company description states that Aygaz cylinders reach more than 100,000 homes each day, making cylinder gas a central part of the brand’s Turkish household business.

• Automotive LPG

  Aygaz Euro LPG+

  Aygaz Euro LPG+ is the company’s branded autogas offering for LPG-powered vehicles. It is distributed through Aygaz’s autogas station network and, according to the referenced profile, is used by more than one million vehicles each day.

• Commercial and industrial fuel

  Bulk LPG

  Bulk LPG is supplied to customers requiring fuel outside the household cylinder format. It forms part of Aygaz’s broader LPG distribution portfolio alongside cylinder gas and autogas.

• Energy equipment

  LPG devices and equipment

  Aygaz manufactures and sells devices associated with LPG use. The company also exports LPG equipment to 22 countries in Europe, Africa and the Middle East.

• 2022

  Aygaz reported 2022 consolidated revenue of TL 6,413 million and net profit of TL 465 million[1]Aygazen.wikipedia.org

  Other

  The referenced company profile reported consolidated sales revenue of 6,413 million Turkish lira and consolidated net profit of 465 million Turkish lira for 2022.

1. 1Aygazen.wikipedia.org
2. 2Aygaz official websiteaygaz.com.tr