Bloomberg News

Socar in Talks to Build 2 Million-Ton Oil Refinery in Kyrgyzstan

March 12, 2012

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.

To contact the reporter on this story: Nariman Gizitdinov in Almaty at ngizitdinov@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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