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23 November 2017


Turkey supports Azerbaijani energy projects

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Turkey supports Azerbaijani energy projects in the region, Yeniakit newspaper quoted Turkish minister of economy Mustafa Elitash March 18 as saying.

He said that such important projects as TANAP and Star refinery testify to the significance of the Azerbaijan-Turkey relations.

Star refinery is expected to be commissioned in the first quarter of 2018.

The annual naphtha production volume, used by Petkim as the main raw material, will hit 1.66 million tons at the Star refinery.

Along with naphtha, the new oil refinery will produce diesel fuel with ultra-low sulfur to the amount of 5.95 million tons, aviation kerosene - 500,000 tons, reformate - 500,000 tons, petroleum coke - 630,000 tons, liquefied gas - 240,000 tons, mixed xylene - 415,000 tons, olefin LPG - 75,000 tons and 145,000 tons of sulfur. The refinery will not produce petrol and fuel oil.

It is planned to refine Azeri Light, Kerkuk and URALS oil at the plant.

TANAP project envisages transportation of gas of Azerbaijan’s Shah Deniz field from Georgian-Turkish border to the western borders of Turkey.

Turkey will get gas in 2018 and after completing the construction of Trans-Adriatic Pipeline (TAP), it will be delivered to Europe in early 2020.

Currently, the shareholders of TANAP are: the State Oil Company of Azerbaijan (SOCAR) – 58 percent, Botas – 30 percent and BP – 12 percent.

Date
2016.03.18 / 22:12
Author
Axar.az
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