SOCAR to extend refinery life

Azerbaijan state oil company SOCAR vice president for strategic development Tofiq Gahramanov told TOGY that the Heydar Aliyev Refinery will not be closed but instead will be modernised to produce A5 fuels, which meet stringent European environmental regulations, by 2017-18.

Gahramanov who is also CEO of the Oil and Gas Processing and Petrochemicals Complex revealed the change of plan in an interview with TOGY in which he revealed that Azerneftyag will still be closed in the early 2020s but the Heydar Aliyev will remain use until the end of the 2020s, approximately 10 years longer than planned.

Around six additional units will be installed in the Heydar Aliyev Refinery and the fluid catalytic cracking unit, crude distillation unit and other units will be revamped.

Recent Posts

ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG

ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More

4 hours ago

SLB OneSubsea, Subsea7 sign long-term deal with Equinor

SLB OneSubsea and Subsea7 have signed a long-term strategic collaboration agreement with Equinor and begun work on two of its… Read More

4 hours ago

Presight AI takes 49% stake in ADNOC energy AI player

Presight has acquired a 51% shareholding in AIQ, an energy-focused AI player founded by ADNOC and G42, the companies announced… Read More

5 hours ago

Wood wins TotalEnergies North Sea flare recovery work

UK engineering contractor Wood has been awarded a decarbonisation project by TotalEnergies to support flare gas recovery in the North… Read More

12 hours ago

Shelf Drilling wins $54-million North Sea contract

Oslo-listed Shelf Drilling has secured a contract for the Shelf Drilling Fortress jack-up rig with an undisclosed North Sea operator… Read More

2 days ago

This website uses cookies.