Baku News

18 April 2007 - APA News - Azerbaijan has prepared the preliminary paperwork for construction of an oil refinery in Ceyhan Port, said Rovnag Abdullayev, the President of the State Oil Company of Azerbaijan (SOCAR). He said it will take about 6-8 months to get a license from Turkey's relative bodies or construction of the refinery. Azerbaijan intends to refine more then 10mln tons of its profit oil [coming from joint projects] at Ceyhan Port and sell in Turkey and Europe. Rovnag Abdullayev also said that SOCAR will take part in privatization of Turkey's state-run petrochemicals giant Petkim,