Turkey's Tupras to suspend production at Izmir oil refinery for two months

The suspension will result in a drop in production by about 250,000 tonnes per month but sales will not be affected as the decrease in output will be compensated by existing stocks and increased production in other refineries, Tupras said in a bourse filing on Wednesday.

Tupras produces LPG, fuel oil, base oil, bitumen and other products. The company operates refineries in Izmit, Izmir, Kirikkale and Batman.