: The company is headquartered in the SOCAR Tower , a 209-meter skyscraper in Baku designed with a "wind and fire" concept to withstand severe earthquakes and wind speeds.
: In late 2023, SOCAR acquired assets from the Norwegian firm Equinor, including stakes in the BTC pipeline and the ACG oil field.
: The company is a key partner in major international projects like the Azeri–Chirag–Gunashli (ACG) oil field and the Shah Deniz gas field. Socar Wikipedia
: SOCAR operates the Heydar Aliyev Baku Oil Refinery , the country's only such facility, and the STAR Oil Refinery in Turkey.
, or the State Oil Company of the Republic of Azerbaijan , is a fully state-owned national oil and gas corporation headquartered in Baku, Azerbaijan. As of 2026, it remains a critical pillar of the Azerbaijani economy, managing the country's vast hydrocarbon reserves both onshore and offshore in the Caspian Sea. Core Operations and Infrastructure : The company is headquartered in the SOCAR
: As of April 2026, Natig Mustafayev serves as the Chief Executive Officer of the SOCAR Trading division. Historically, current Azerbaijani President Ilham Aliyev served as the company's first vice-president before taking office. Strategic Moves (2023–2026)
: It holds significant stakes in the Baku–Tbilisi–Ceyhan (BTC) and the Southern Gas Corridor, which transports gas to Europe via the TANAP and TAP pipelines. : SOCAR operates the Heydar Aliyev Baku Oil
: SOCAR has begun diversifying into sustainable energy, commissioning Switzerland’s first fast-charging station for electric trucks and exploring offshore wind projects with Technip Energies. Controversies and Public Image