: 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.
While a major economic driver, SOCAR has faced significant scrutiny:
: 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
: By 2025, the company expanded its footprint by acquiring a 10% stake in Israel's Tamar gas field and signing agreements to deliver gas to Syria via Turkey.
: In late 2023, SOCAR acquired assets from the Norwegian firm Equinor, including stakes in the BTC pipeline and the ACG oil field. , or the State Oil Company of the
: 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)