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Facts about SOCAR

10 Million Tons

STAR Refinery, the largest investment made in a single point by the real sector in Turkey, was commissioned on October 19, 2018 with an investment amount of 6.3 billion US Dollars. With the additional storage investment of 600 million US Dollars with its foundations laid in October 2019, the giant project reached up to an investment amount of around 7 billion US Dollars.

 

Equipped with an annual capacity of processing 10 million tons of crude oil, the refinery produces 4.8 million tons of diesel and 1.6 million tons of naphtha which will enable production of such petroleum products as jet fuel and LPG, constituting the important elements of the national current deficit of Turkey. Thanks to STAR Refinery, Turkey disburdens the annual imports amount of 1.5 billion US Dollars.

 

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