Total construction costs of STAR Refinery increased to $6.3B – Fitch

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# 15:54
15 February 2018

Total construction costs of the STAR Refinery in Turkey have increased to USD6.3 billion from USD5.7 billion estimated in May 2014 when SOCAR agreed funding for the 10 million tpa oil refinery in Turkey, Fitch Ratings reported.

 

‘The refinery is expected to come on stream in 2018 and supply the Turkish market, mainly with diesel and jet fuel’, the agency said.

 

 

 

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