(MENAFN- Trend News Agency ) Baku, Azerbaijan, Nov. 30
By Maksim Tsurkov – Trend:
Azerbaijan's state oil company SOCAR increased the depth of oil refining at the Heydar Aliyev Baku Oil Refinery to 92 percent, Rasim Ibrahimov, chief engineer at the refinery, told reporters in Baku Nov. 30.
He said that last year, this figure was 89.5 percent.
'Since we abandoned fuel oil production, the depth of refining has grown and now stands at 92 percent,' said the chief engineer.
Ibrahimov also noted that SOCAR plans to keep this level in 2018 as well.
Currently, the Heydar Aliyev Baku Oil Refinery is being modernized, after which its production capacity will increase from 6 million to 7.5 million tons per year.
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