BAKU, Azerbaijan, June 24. The STAR refinery controlled by the State Oil Company of Azerbaijan (SOCAR) in Türkiye may be shut down for short-term preventive maintenance in the second half of 2024, an informed source told Trend.
“The possibility of suspending the operation of the STAR refinery for six to nine days in the third or fourth quarter of 2024 for maintenance work is being discussed,” the source emphasized.
To note, the STAR refinery has been in operation since 2018 (construction cost $7 billion). Its current refining capacity is 240,000 barrels (nearly 13 million tons of oil per year).
The refinery imported more than 11.36 million tons of crude oil in 2023 (up 2.95 percent from 2022), accounting for 36.2 percent of all oil imported by Türkiye in 2023.
The refinery provides Petkim's petrochemical complex with feedstock (it gives this complex all the naphtha).
The remaining types of petroleum products, including diesel fuel and jet fuel, go both to the Turkish domestic market and for export to the Mediterranean region.
