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Turkey announces volume of petroleum products’ sales by Star Refinery

Türkiye Materials 28 December 2019 12:59 (UTC +04:00)
Turkey announces volume of petroleum products’ sales by Star Refinery

BAKU, Azerbaijan, Dec. 28

By Anastasia Savchenko - Trend:

The total volume of petroleum products sold by the Star refinery of the Azerbaijan's State Oil Company SOCAR in the domestic market of Turkey stood at 86,506 tons in October 2019, Trend informs referring to a report posted on the website of Turkey’s Energy Market Regulatory Authority (EPDK).

During the reporting period, the share of Star refinery products in the Turkish market was 3.09 percent, according to EPDK.

In January-October 2019, this figure was 561,683 tons.

In October 2019, crude oil imports to Star Refinery amounted to 853,752 tons, the report says.

The opening ceremony of the Star oil refinery took place on October 19, 2018, in Izmir, Turkey.

The total refining capacity of the refinery is 10 million tons, and Azerbaijan’s state oil company SOCAR is the main supplier of crude for the refinery. The refinery will significantly reduce the dependence of Turkey on imports of petrochemical products.

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