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SOCAR to start new refinery next week
Oct. 10, 2018
Source: Reuters

SOCAR to start new refinery next week

Azerbaijan’s state-owned SOCAR is all set to start-up its new refinery in Turkey, next week. The $6.3 billion Star refinery will provide feedstock to Turkish petrochemicals firm, Petkim to help cut Turkey’s reliance on imported refined oil products. SOCAR’s refinery would have the capacity to process about 200,000 barrels of crude per day, estimated to produce 1.6 million tonnes of naphtha and 420,000 tonnes of xylenes, apart from other products.

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