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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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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