Urea production in Azerbaijan to reach project capacity by 2026

In 2022, Azerbaijan is expected to produce 455,000 tons of urea, Report informs, citing the draft law "On the state budget for 2022."

Under the document, 617,500 tons of urea are projected to be produced in 2023. This is 162,500 tons or 35.7% more than in 2022.

In 2024, it is projected to manufacture 650,000 tons of urea, which is 32,500 tons or 5.26% more than the forecast for 2023. It is projected to produce 650,000 tons of urea in 2025, which is the same as in 2024, but 195,000 tons or 42.8% more than the forecast for 2022.

SOCAR's Carbamide Plant, built in Sumgayit Chemical Industrial Park, was put into operation on January 16, 2019. The plant has the capacity to produce 650,000-660,000 tons of urea per year. About 70% of production is intended for export, which will allow the country to receive additional income of up to $160 million per year.

The urea plant is currently the largest project in the country's non-oil sector, with a total cost of about 800 million euros. On May 25, 2019, the first mass supply of Azerbaijani urea from the Urea Plant began. It is loaded on trucks at the Urea Plant and sent to Hovsan International Port for loading on ships.