SOCAR — the State Oil Company of Azerbaijan Republic — sits at the centre of the South Caucasus energy story: from Caspian gas and the Southern Gas Corridor to a fast-growing international footprint. This hub tracks Caucasus Business Journal’s SOCAR coverage and the essentials.
SOCAR — the State Oil Company of Azerbaijan Republic — is Azerbaijan’s national oil and gas company, founded in 1992 and headquartered in Baku. It spans exploration and production, refining and petrochemicals, and oil and gas marketing.
SOCAR stands for the State Oil Company of Azerbaijan Republic.
SOCAR is a central partner in the Southern Gas Corridor, which carries Caspian gas from Azerbaijan’s Shah Deniz field through the TANAP and TAP pipelines to Türkiye and Europe.
Beyond Azerbaijan, SOCAR holds assets and operations across Türkiye and Georgia, with a growing international footprint in Europe, the Gulf and beyond — and, since July 2026, operatorship of the Baku-Tbilisi-Ceyhan oil pipeline.
Yes — SOCAR is wholly owned by the government of Azerbaijan.