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SOCAR to launch refinery construction in Turkey in October

August 12/2011

(Trend) -- SOCAR intends to start building a new refinery complex in Turkey in October, SOCAR head Rovnag Abdullayev said at a meeting today. Investments worth USD 5 billion will be required for the construction. The plant will be built to meet the needs of the Petkim large petrochemical complex.

The capacity will be 10 million tons of raw materials. It is expected to be completed in 2015. The construction will meet the needs of petrochemical complex in raw materials and sell finished products on the Turkish market.

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