Yesterday SOCAR and Italian Kinetics Technology S.p.A signed a licensed agreement to install sulfur production installation at the Baku-based oil refinery named after Heydar Aliyev.
SOCAR press office reported that construction of the sulfur production installation will be part of the project of the oil refinery upgrade.
Kinetics Technology S.p.A was selected by SOCAR as a licensor as one of the world leading companies manufacturing sulfur production technologies.
Reconstruction and upgrade of the oil refinery includes increase in capacity of the installation for primary oil refining from 6 to 7.5 million tons a year and the catalytic cracking installation – from 2 to 2.5 million tons a year.
SOCAR plans to complete the oil refinery upgrade by quarter 2, 2019.
