Baku, Azerbaijan, June 10
By Sara Israfilbayova - Trend:
In 2019, the Heydar Aliyev Baku Oil Refinery plans to produce about 270,000 tons of liquefied gas (LPG), Trend reports referring to Azerbaijan's State Oil Company SOCAR.
A source at the company noted that in the 1Q2019 about 81,000 tons of LPG was produced, including propane-propylene and butane-butylene fractions.
"About 11,000 tons of the production were exported. The main part of liquefied hydrocarbon gases is sent for further processing at SOCAR Azerikimya," the source said.
LPG is mainly exported to Georgia, Pakistan, Afghanistan, Iran.
Currently, Heydar Aliyev Baku Oil Refinery is undergoing modernization, which will be completed in 2021. Following the modernization, the refinery’s capacity will increase from 6 million tons per year to 8 million tons per year, while its operational term will be extended until 2040.
The cost of modernization of the Heydar Aliyev Oil Refinery is estimated at around $2.2 billion.
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