SOCAR announced date of production of Euro-5 petrol in Azerbaijan

In early 2016 SOCAR plans to start upgrade of the Baku-based oil refinery named after Heydar Aliyev, said Deputy General Director of OGPC.

“The goal of the works is to establish production of high quality oil products on the plant. According to the plans, in quarter 2, 2019 it is planned to start production of diesel fuel of Euro-5 standard at the Baku oil refinery and in quarter 2, 2020 – manufacture of Euro-2 standard petrol. Production of bitumen using the new bitumen installation will begin in quarter 2, 2018,” he added.

He said after upgrade the Baku oil refinery will produce 2.2 million tons of petrol a year, 3 million tons of diesel fuel a year and 1 million tons of kerosene a year. After upgrade 37% of oil products produced at the oil refinery will be diesel fuel, 25% petrol, 13% kerosene and 25% of other types of oil products.

“Implementation of the project will allow satisfying the country’s needs in petrol for 15-20 year to come,” he added.

* The government will allocate $1 billion to SOCAR for upgrade of the oil refinery.—0—