SOCAR’s STAR Refinery boosts oil imports y-o-y

Oil&Gas Materials 30 June 2021 12:27 (UTC +04:00)
SOCAR’s STAR Refinery boosts oil imports y-o-y

BAKU, Azerbaijan, June 30

By Leman Zeynalova – Trend:

The STAR oil refinery of Azerbaijan’s state oil company SOCAR in Turkey imported 900,459 tons of crude oil in April 2021 as compared to 891,158 tons in the same period of 2020, Trend reports citing Turkey’s Energy Market Regulatory Authority (EPDK).

The EPDK report shows that STAR refinery produced 539,737 tons of diesel, 16,955 tons of jet fuel. In addition, during this period, the refinery produced 107,387 tons of other products, 11,956 tons of LPG, 118,298 tons of naphtha, 53,738 tons of petroleum coke, 28,856 tons of refinery gas (non-liquid) and 1,103 tons of diesel fuel with a high sulfur content.

Star Refinery, with investment value of $6.3 billion came on stream in October 2018. Around $3.3 billion of the project’s cost was covered by loans. The total investment in Star Refinery is expected to stand at $7 billion.

The annual processing capacity of Star Refinery is 10 million tons. It meets around 25 percent of Turkey’s refined oil products. The refinery is able to process 214,000 barrels of crude oil per day.


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