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16.12.2013 10:02

SOCAR constructs new oil-gas processing chemical complex

Baku. Aynur Aliyeva - APA-Economics. SOCAR takes certain steps to increase quality of the fuel. This is a great program starting from 2004, requires large amount of funds and consists several stages, said the SOCAR Vice-President for processing David Mammadov.

According to him, existing plants can produce only fuel meeting Euro-3 standard: For production of Euro-5 standard, its needed a large amount of funds adn new technologies. Currently, SOCAR plans open a new oil-gas processing chemical plant in the north of Sangachal Terminal, area of Garadagh-Absheron in 2023-2025 and produce fuel meeting euro standards. By that time, well produce fuel meeting Euro-3 standard.

Mammadov added that after launch of that complex, the existing plants will be shut down.

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