STAR Refinery accounts for 70% of total oil volumes imported by Türkiye 

Energy
  • 16 January, 2024
  • 10:00
STAR Refinery accounts for 70% of total oil volumes imported by Türkiye 

STAR Refinery, an asset of the State Oil Company of Azerbaijan (SOCAR) in Türkiye, accounted for 70% of total oil volumes imported to Türkiye in December 2023, Kommersant said, citing the Kpler analytical center, Report informs.

The daily supply of Russian oil imported to Türkiye in the reporting period amounted to 444,000 barrels, which is a record indicator. Thus, in December, 13% of Russia's oil shipments by sea fell to the share of Turkey and 76% to the share of India and China.

The volume of Russian oil to be exported to Türkiye in January 2024 is predicted to be 400,000 barrels per day.