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Ulviyya Shahin
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Azerbaijan's Heydar Aliyev Baku Oil refinery (BOR), managed by
the State Oil Company of Azerbaijan Republic (SOCAR), is poised to
elevate its environmental standards and economic potential with
significant upgrades. These developments mark a strategic shift
towards eco-friendly fuel production, enhancing Azerbaijan's
position in the global energy market.
Transition to Euro-5 Standards
BOR's forthcoming production of Euro-5 gasoline, following its
successful adoption of Euro-5 diesel fuel in May 2023, signals a
decisive move towards sustainable energy practices. This transition
aligns with global efforts to reduce emissions and combat climate
change, positioning Azerbaijan as a responsible player in the
energy sector.
Modernization Efforts
Recent investments in BOR's infrastructure, including the
commissioning of an isomerization unit and an MTBE unit, underscore
SOCAR's commitment to modernization. These upgrades are pivotal in
enabling the refinery to produce cleaner fuels, meeting stringent
environmental regulations while catering to evolving consumer
preferences for eco-friendly products.
Historical Significance and Production
Capacity
With a rich history spanning seven decades and processing
approximately 370 million tons of oil, BOR stands as a cornerstone
of Azerbaijan's energy industry. In 2023 alone, the refinery
processed 6.3 million tons of crude oil, highlighting its
significance in the country's economic landscape.
Future Outlook
BOR's ongoing modernization and reconstruction project, aimed at
increasing processing capacity to 6.5 million tons per year, hold
immense promise for Azerbaijan's economic growth. Upon completion
by 2027, the refinery will be equipped to process crude oil from
the entire Caspian region, bolstering Azerbaijan's energy
independence and regional influence.
Economic Impact
The modernization of BOR is expected to have far-reaching
economic implications, driving job creation, technology transfer,
and export revenues. With projected annual outputs including 2
million tons of gasoline, 2.9 million tons of diesel fuel, 1
million tons of jet fuel, and 390,000 tons of petrochemical
products, the refinery's enhanced capacity will further solidify
Azerbaijan's position as a key player in the global energy
market.
The Heydar Aliyev Baku Oil Refinery's transition to Euro-5
standards and ongoing modernization efforts underscore Azerbaijan's
commitment to sustainability and economic prosperity. By
prioritizing environmental responsibility and enhancing production
capabilities, BOR is poised to play a pivotal role in shaping the
future of Azerbaijan's energy sector and contributing to global
efforts towards a greener, more sustainable future.
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