STAR Aegean Refinery Project, wholly owned by SOCAR (State Oil Company of Azerbaijan Republic), aimed to build a new oil refining facility to be located within PETKIM land at Aliaga close to Izmir, Turkey.
PETKIM is a large petrochemical facility mainly producing LDPE, HDPE, ethylene, polyethylene, polyvinyl chloride, polypropylene, MEG, DEG, acrylonitrile, paraxylene, phthalic anhydride and PTA.
The STAR refinery was to have a crude processing capacity of 10 million tons per annum (214,000 BPSD), including the following open-art and licensed units:
- CDU and VDU
- Saturated Gas plant
- Saturated & Unsaturated / LPG Caustic Treatment (UOP)
- Naphtha/Kerosene/Diesel Hydrotreaters (Axens)
- CCR Platforming, including Toluene, Xylenes fractionation (UOP)
- Hydrocracker (UOP)
- Delayed Coker (FWUSA)
- Unsaturated Gas plant
- Amine Regeneration Unit
- Sour Water Stripper
- Sulfur Recovery and TGTU (Tecnimont)
- Hydrogen Generation Unit (Technip)
- Utilities, auxiliary systems and offsite facilities (including jetty facilities)
The refinery was to provide diesel and kerosene for domestic consumption while supplying LPG, light naphtha and mixed xylenes to PETKIM. The refinery had a deep bottom-of-the-barrel conversion, with no fuel oil production. Furthermore, the selected refinery configuration aimed to zeroing gasoline production while maximizing diesel and aromatics production.
The multibillion investment, when completed, would provide raw material and security of supply to the neighbor PETKIM and create synergy by sharing infrastructure as well as some utilities, thus creating additional value through a well-defined refinery – petrochemical synergy.