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SOCAR, known as the State Oil Company of the Azerbaijan Republic, is a state-owned enterprise headquartered in Baku, Azerbaijan. It is one of the world's most significant oil and gas companies, involved in the exploration, production, processing, and transportation of oil and gas throughout international markets.
Originally established to manage Azerbaijan's vast energy resources, the company has expanded its footprint significantly through international investments, particularly in Turkey, Georgia, and various European nations. Its operations range from upstream exploration in the Caspian Sea to downstream retail, including a large network of gas stations and petrochemical facilities like the Petkim complex in Turkey.
As a fully state-integrated energy company, it remains under the direct control of the Republic of Azerbaijan. It plays a pivotal role in the Eurasian energy corridor, managing the Southern Gas Corridor and contributing to European energy security. In recent years, the brand has shifted focus toward sustainable energy solutions and petrochemical advancements, ensuring its longevity in a changing global energy landscape.
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