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SOCAR wants buy Ukrain Kherson Coking Refinery – S/D & Red rates since 2005

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This topic contains 1 reply, has 1 voice, and was last updated by  Charles Randall 12 years, 8 months ago.

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  • #2935

    basil parmesan
    Participant

    Azeri SOCAR wants to buy Ukraine refinery

    KIEV, Oct 13, 2009 (Reuters)Azeri state energy firm SOCAR wants to buy Ukraine’s third-largest refinery by capacity, business daily Delo reported on Tuesday, citing the company’s chief executive.
    The Kherson refinery, one of six in Ukraine, has been out of operation and later working at a much reduced capacity since 2005 when the current owners, the Continium group of Ukrainian companies, decided to modernise it.
    “Our experts are now in talks with the owners of the enterprise,” Delo quoted SOCAR’s Chief Executive Rovnag Abdullayev as saying.

  • #5961

    Charles Randall
    Participant

    Update on Ukraine Kherson coking refinery – s/d & reduced capacity (down ~ 50%) since 2005 but some push to expand it & now SOCAR interest.
     
    Could be potential Coker expansion due quality of Europe Fuels requirements but Azeri does have light crude so perhaps not.
    Regards

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