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

Oil&Gas Materials 30 July 2021 10:16 (UTC +04:00)
SOCAR’s STAR Refinery reduces oil imports y-o-y

BAKU, Azerbaijan, July 30

By Leman Zeynalova – Trend:

The STAR oil refinery of Azerbaijan’s state oil company SOCAR in Turkey imported 679,646 tons of crude oil in May 2021 as compared to 792,108 tons in the same period of 2020, Trend reports citing Turkey’s Energy Market Regulatory Authority (EPDK).

The refinery exported 30,145 tons in May 2021, versus 358,789 tons in the same period in 2020.

The EPDK report shows that STAR refinery produced 440,643 tons of diesel, 77,537 tons of high sulfur fuel oil, 5,578 tons of jet fuel, 26,596 tons of other intermediates, 9,.874 tons of other products, 22,910 tons of heavy vacuum gas oil, 14,191 tons of LPG, 89,430 tons of naphtha, 54,340 tons of petroleum coke, 24,799 tons of refinery gas (non-liquid) and 904.9 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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