Capacity of the catalytic cracking installation of the Heydar Aliyev oil refinery totals 235-240 cub.m. per hour, reported SOCAR.
The same source reported that capacity of the hydraulic cleaning installation is 310 cub.m. per hour. As the propane column K-306 was put into operation on the oil refinery, the installations K-306, ID-314, HS-306/1-3, T-306 and SD-306 have been checked and all the problems have been solved.
Launching of the propane column K-306 will allow Azerkhimiya receiving a propane-propylene fraction, reported the same source.
At present the column K-306 allows dividing PPF and BBF productions into several fractions at a high quality level.
In order to improve dry gas quality transported to the Ethylene-Propylene plant, Azerkhimiya continues assembly and construction works at the recovery bloc.
Heydar Aliyev oil refinery has been operating since 1953.—0—
Economics
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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Azerbaijan has attracted significant interest from companies in both developing and developed countries, as well as from state and private sector representatives of at least 10 nations, regarding participation as shareholders in the Climate Finance Action Fund (CFAF), which has a total budget of $1 billion. The CFAF is one of Azerbaijan’s 14 key initiatives unveiled at COP29, Yalchin Rafiev, Azerbaijan's chief negotiator at COP29 and Deputy Foreign Minister, said at a press conference on Tuesday.
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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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