SOCAR (State Oil Company of the Azerbaijan Republic), established in 1992 and headquartered in Baku, Azerbaijan, is an integrated energy company operating across the full oil and gas value chain. Its activities encompass oil and gas exploration and production, transportation, refining, petrochemicals, marketing and sales, alongside engineering, R&D and energy services. SOCAR combines extensive hydrocarbon infrastructure with digitalisation, technological innovation and a growing energy transition agenda aimed at improving operational efficiency and sustainability. With operations and commercial activities extending beyond Azerbaijan into international markets, the group supports energy security and supplies crude oil, natural gas, refined fuels and petrochemical products to industrial and energy customers.
Azerbaijan’s state energy company commences new pipeline deliveries to two key European nations, supporting regional energy security and diversification efforts.
The state energy giant signed a 225-million-dollar deal to acquire the 870-megawatt Ic Anadolu gas plant, expanding its integrated energy footprint in Turkey.