BAKU, Azerbaijan, Jan.3
By Leman Zeynalova – Trend:
STAR oil refinery of Azerbaijan’s state oil company SOCAR in Turkey imported 987,619 tons of oil in October 2021, compared to 877,556 tons in the same period last year, showing a 12.54 percent growth, Trend reports with reference to the Turkish Energy Market Regulatory Authority (EPDK).
The EPDK report shows that during this period, the refinery produced 4,882 tons of unleaded gasoline with an octane rating of 95, around 597,136 tons of gasoline, 38,108 tons of jet fuel, 787,179 tons of other intermediate products, 112,543 tons of other products, 21,720 tons of liquefied petroleum gas, 154,611 tons of naphtha, 63,981 tons of petroleum coke and 28,792 tons of refinery gas.
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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