SOCAR Star Oil Refinery explained

SOCAR Star Oil Refinery or SOCAR STAR Oil Refinery or Star Aegean is an oil refinery in Aliaga, western Turkey. It is operated by the State Oil Company of the Republic of Azerbaijan SOCAR,[1] [2] [3] who holds 60% of the ownership. The remaining 40% being owned by the Ministry of Economy of the Republic of Azerbaijan.[4]

The construction of the refinery started in 2011, cost around US$6-7 billion and became operational in October 2018.[4]

The refinery has a capacity around 200,000 barrels per day.[5]

See also

References

38.7942°N 26.9306°W

Notes and References

  1. Web site: SOCAR’s giant investment project - STAR Refinery launched . 2022-09-03 . www.euro-petrole.com.
  2. News: 2019-03-05 . Rising output at SOCAR's STAR oil refinery adds to sour shortage in Med . en . Reuters . 2022-09-03.
  3. Web site: 2022-03-03 . Russian Oil Exports Fall by One-Third . 2022-09-03 . Energy Intelligence . en.
  4. Web site: STAR Oil Refinery . 6 October 2023.
  5. Web site: STAR Aegean Refinery . 6 October 2023.

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