BAKU, Azerbaijan, Feb.1
By Leman Zeynalova – Trend:
STAR oil refinery of Azerbaijan’s state oil company SOCAR in Turkey imported 875,584 tons of oil in November 2021, compared to 683,452 tons in the same period last year, showing a 28.1 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 4,856 tons of unleaded gasoline with an octane rating of 95, around 556,863 tons of gasoline, 37,905 tons of jet fuel, 114,111 tons of other products, 1,452 tons of heavy vacuum gasoil, 24,687 tons of liquefied petroleum gas, 142,039 tons of naphtha, 87,706 tons of petroleum coke, 29,832 tons of refinery gas and 9,182 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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