Loan backs US exports to Turkish refinery

The US Export-Import Bank has authorized a $640.7 million direct loan to Star Refinery AS, Istanbul, to finance the export of US equipment for a 214,000-b/d refinery planned in Aliaga, Turkey (OGJ Online, Dec. 14, 2010).

Star Refinery is the first project planned on the Petkim Peninsula by SOCAR Turkey Energy AS, a joint venture of State Oil Co. of Azerbaijan Republic and the government of Turkey. SOCAR Turkey owns 51% of Petkim, operator of a petrochemical complex with which the new refinery will be integrated.

The refinery will have a 66,000-b/d hydrocracker, a 40,000-b/d delayed coker, and a 28,000-b/d continuous catalytic regeneration reformer.

Hydrotreating capacities will be 20,000 b/d for naphtha, 26,000 b/d for kerosine, and 68,000 b/d for diesel.

The refinery also will have a hydrogen unit able to produce 3.84 million cu m/day.

Related Articles

European refiner squeeze seen in W. African crude changes

08/27/2014 European refining is pivotal in “a second wave of structural changes” pummeling West African (WAF) crude oil prices in response to growing producti...

MRPL commissions FCC at Mangalore refinery

08/27/2014 Mangalore Refinery & Petrochemicals Ltd. (MRPL), a subsidiary of Oil & Natural Gas Corp. Ltd., has commissioned a fluidized catalytic crack...

SOCAR builds gas-cleaning plant at Baku refinery

08/27/2014 State Oil Co. of Azerbaijan Republic (SOCAR) is building a dry gas-cleaning unit at its Heydar Aliyev (formerly New Baku) refinery at Baku in Azerb...

Hungary lets contract for Danube refinery upgrade

08/27/2014 Hungary’s state-owned MOL PLC, a subsidiary of MOL Group, Budapest, has let a contract to Axens for the upgrade and modernization of the mild hydro...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected