2020 has been a most difficult and unforeseen year with a pandemic that has crippled the world economically and socially. This has continued into the first half of 2021 and the world is still struggling with the aftereffects of the pandemic, as well as continuing to fight the virus. In this difficult time, Pet Holding along with its group companies Petoil and Petkontur, faced the economic crisis and difficulties of the business sector like many other, but succeeded in getting through with its strong capital and self-sufficiency. Our companies continued to support its surroundings with the help of our valued employees. One other commitment that our companies never pulled back from was the continued scholarships that were offered to our brilliant students through Köksal Education Foundation (KEV).

Having gained its ethos from our founders, Dr Güntekin Köksal and late Mrs Pınar Köksal, and coming out of this difficult period stronger than before, our companies continue to look ahead to the future with the same level of courage, honesty, self-devotion, risk-taking and diligence. Petoil has been and will continue to be a sought-after and reliable company in the oil and gas industry in new and undiscovered regions around the world. Besides producing from its Chia Surkh licence (Kurdistan Region of Iraq) since 2018 and investing continuously and increasing the production figures in the past year, Petoil had been active in Azerbaijan, Kazakhstan, Yemen, USA and Turkey for many years. As well as being active in the oil industry, Pet Holding has been investing in four corners of Turkey through land acquisition. Pet Holding has provided and will pursue to provide unlimited contributions to its surroundings, its employees, and its homeland Turkey.

Our story that started 48 years ago continues today with the same level of excitement. We are pursuing new projects in new regions and cultures with enthusiasm. Our company, which has grown over the years will continue to grow and contribute further to its surroundings. I would like to thank our founders:  my father, Güntekin Köksal, and my deceased mother, Pınar Köksal; all my colleagues who have endeavoured to bring success to our company in the past and today; my dear family; and all the hospitable people of the regions that we have worked in and will continue to work in.

Together to many successes to come in a healthy world…

Ayşe Köksal Çetin
Chairwoman
Pet Holding Inc.