Rovnag Abdullayev: “We decided to extend effective life of the Heydar Aliyev Baku Oil Refinery up to 2030”

Rovnag Abdullayev: “We decided to extend effective life of the Heydar Aliyev Baku Oil Refinery up to 2030”
# 14 July 2015 12:38 (UTC +04:00)

Baku - APA-Economics. “We delayed construction of the Oil & Gas Processing and Petrochemical Complex (OGPC) and decided to extend effective life of the Heydar Aliyev Baku Oil Refinery by conducting reconstruction works in it”, said the President of the State Oil Company of Azerbaijan Rovnag Abdulayev.

Abdullayev noted SOCAR attracted AZN 1.2 bln from Central Bank of Azerbaijan.

“We’ll commence these works from next year to increase each capacity of Heydar Aliyev Baku Oil Refinery till 2017-18 and manufacture products meeting Euro-5 standard. Along with this, we’ll construct 6 plants and stop operation of Azerneftyag and clean that area. So, Baku Boulevard will be extended”.

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THE OPERATION IS BEING PERFORMED