Company: Azzawiya Oil Refining Company Inc
Project: Azzawiya Oil Refining Company Inc – Libya
Tratos & Azzawiya Oil Refining Company Inc cooperation
Tratos is pleased to announce that it has supplied its oil and gas cables to the Revamp of the Gas-Turbine Plant , Azzawiya, (45 km west of Tripoli) Great Jamahiriya (LIBYA).
Azzawiya Oil Refinery
Azzawiya Oil Refining Company (ARC) was established under the Libyan National Oil Corporation’s Decision, and was given the registration number of 1572 at the Libyan Commercial Register. It started production in 1974 when its first Process Plant was inaugurated, giving an output capacity of 60, 000 BPD of refined oil. In 1977, the second twin Process Plant was added with similar output. In 1980, Azzawiya Asphalt Plant was opened, after which Benghazi Asphalt Plant followed in 1984 with an output of 200,000 tons per annum. In 1983, the Lube Oil Plant property was transferred to the Company. This plant produces 60,000 tons per annum of lubricating oils. The main target of establishing the Company was to fulfil the increasing local demand for oil derivatives, besides exporting any surplus products to global markets. In designing this Refinery, international standards were adhered to. Safety and individual, as well as environmental, protection were taken into consideration. Azzawiya Oil Refining Company still abides by, and always will, international standards; therefore, it stands on equal footing with other oil refining companies both locally and globally. The Company exercises its utmost to perform its activities in the best manner possible. It also aspires to contribute to the welfare and prosperity of Libya as a whole.
Main Activities of refinery include: crude oil refining, asphalt production, blending and filling of mineral oils, besides the exportation of crude oil via its oil harbor, and the importation of oil derivatives needed by the local market. All Company’s units and utilities conform with international standards and are provided with the necessary safety and protection facilities as deemed necessary by the nature of its activities.
Did you know?
Libya’s oil industry, trampled by civil war and chaos, is roaring back.
Crude output has surged to nearly 1.25 million barrels a day from almost a dead start in September 2020, thanks to a tentative peace between rival military forces. The OPEC member is already pumping about three-fourths as much as it did before the 2011 uprising that toppled strongman Moammar Al Qaddafi and triggered the country’s political and economic collapse.
The speed of the recovery took oil markets by surprise. It’s also causing anxiety for the Organization of Petroleum Exporting Countries. Libya is exempt from the cuts and currently supplies more oil than several of its OPEC peers. The so-called OPEC+ alliance is sure to weigh the impact of Libyan oil when it meets next week to assess its strategy as the coronavirus ravages fuel demand in much of the world.
Tratos is very pleased to contribute toward achieving the 7th UN Global Goals to ensure access to affordable, reliable, sustainable and modern energy for all, GOAL 3: Good Health and Well-being, GOAL GOAL 5: Gender Equality, GOAL 8: Decent Work and Economic Growth, GOAL 9: Industry, Innovation and Infrastructure, GOAL 11: Sustainable Cities and Communities, GOAL 12: Responsible Consumption and Production.
