Azerbaijan forecasts to produce 22.8 bcm in 2022 at the Shah Deniz offshore field, Oil and condensate production at the ACG bloc is projected at 170.1 million barrels.

The 200,000-barrel-per-day STAR refinery controlled by SOCAR was launched in 2018. The facility on Turkey’s Aegean coast processed 10.5 million tonnes of oil in 2020.