State Oil Co. of Azerbaijan is in talks with the Kyrgyz government on building an oil refinery with processing capacity of 2 million metric tons a year, or 40,000 barrels a day, in the Central Asian country.
Socar, as the Azeri oil and gas producer is known, may build the refinery in the Chuyskaya region, Kyrgyzstan’s Energy Ministry said in a statement on its website today. David Mammadov, a deputy head of Socar, visited Kyrgyzstan at the beginning of the month to discuss the project with the ministry, according to the statement.
Nizamaddin Quliyev, a spokesman for Socar, didn’t immediately comment when called by Bloomberg. Rovnaq Abdullayev, the head of the company, signed an “agreement in principle” with Kyrgyz President Almazbek Atambayev on building a refinery by the end of 2013, Azerbaijan’s state news service Azartac reported in January.
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