Baku 7° C
SOCAR-Turkey: Possibility of third wave is a big risk for refineries
Energy
- 30 March, 2021
- 09:53
"Breaks in the supply chain of the petroleum products caused problems in naphtha supply and its price has significantly increased in the recent months, Chairman of SOCAR Turkey Refinery and Petrochemical Business Unit, Petkim Director-General Anar Mammadov told Anadolu Agency, Report informs.
According to him, demand for petrochemical products increases by 3% every year: “The pandemic caused more increase in the demand. Therefore, we are not expecting any decline in the petrochemical sector, but, the possibility of the third wave will lead to big risks for refineries.”
Author
Latest News
20:45
IDF strikes Hamas command center in Lebanon
Other countries20:36
Photo
OTS countries sign memorandum on trade cooperation
Domestic policy20:25
Elnur Mammadov: Azerbaijan and Japan expanding cooperation in smart cities
Foreign policy20:20
Trump to visit China on March 31
Other countries19:59
Elnur Mammadov: Sumo World Championships in Baku to strengthen ties with Tokyo
Foreign policy19:48
Ambassador: Japanese companies involved in energy master plan for liberated territories
Foreign policy19:37
Katsuya Watanabe: Japan welcomes progress in peace process between Baku and Yerevan
Foreign policy19:33
Japan's ambassador highlights Azerbaijan as key partner and energy security provider
Other19:17