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SOCAR’s STAR Refinery boosts oil imports significantly

Oil&Gas Materials 31 January 2023 14:21 (UTC +04:00)
SOCAR’s STAR Refinery boosts oil imports significantly
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, January 31. STAR oil refinery of Azerbaijan’s state oil company SOCAR in Türkiye imported 1,033,013 tons of crude oil in November 2022, compared to 875,584 tons in the same period in 2021, showing a 18 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 647,424 tons of diesel fuel, 30,591 tons of aviation fuel, 125,436 tons of other products, 11,874 tons of liquefied petroleum gas, 126,663 tons of naphtha, 88,399 tons of petroleum coke, 44,314 tons of refinery gas and 64,242 tons of high sulfur diesel fuel.

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 Türkiye’s refined oil products. The refinery is able to process 214,000 barrels of crude oil per day.

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