Tekfen unveils cost of contracts for Heydar Aliyev refinery

Tekfen unveils cost of contracts for Heydar Aliyev refinery Ongoing work on the refinery includes replacing all the units except one and, in the process, increasing the capacity to 7.5 million mt/year from 6 million mt/year.
Energy
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October 17, 2020 18:08
Tekfen unveils cost of contracts for Heydar Aliyev refinery

Turkish construction group Tekfen has been awarded contracts worth around $237 million for the ongoing refurbishment and modernization of SOCAR’s Heydar Aliyev refinery in Baku, the company said.

The contracts were awarded by the refinery’s main contractor Tecnicas Reunidas to Azfen, a 40% owned subsidiary of Tekfen Holding’s main construction arm, Tekfen Insaat ve Tesisat A.S. A SOCAR official said June 8 that work on refurbishing the refinery had been affected by the coronavirus pandemic.

Previously the target for production of the Euro 5 fuels had been the end of 2021, and prior to that, the end of 2020 for Euro-5 diesel and early 2021 for Euro-5 standard A-92/95/98. Ongoing work on the refinery includes replacing all the units except one and, in the process, increasing the capacity to 7.5 million mt/year from 6 million mt/year. An official said it was unclear whether all work on the refinery will now be completed by 2024-25 as had previously been planned.

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