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The State Oil Company of Azerbaijan Republic, largely known as SOCAR is fully state-owned national oil and gas company headquartered in Baku, Azerbaijan. The company produces oil and natural gas from onshore and offshore fields in the Azerbaijani segment of the Caspian Sea.

 
 
 
 
 
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Revenue(RF), mln.USD
510
Capital(RF), mln.USD
4
Assets(RF), mln.USD
100
The Company Statement
August 20, 2024

Azerbaijan's SOCAR halts Russian crude supplies to Turkish refinery. Private Russian oil producer Lukoil will lend Azeri state oil firm Socar $1.5 billion as part of a broader deal that will allow Socar's 200,000-barrel-per-day Turkish STAR refinery to process Russian crude again. 28.09.2023: The secondary legal entity (LLC "CHERNOMORSERVIS") was liquidated but the key one (LLC "SOCAR RUS") is doing business as usual. At the end of August 2024, Russia (Gazprom) and Azerbaijan (SOCAR) agreed to develop gas cooperation and expand strategic partnership, but specific projects have not been announced yet. Among the public procurement tenders, the company has such customers as the Russian Guard and Russian military units.

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Statements Archive
August 21, 2024Azerbaijani gas through Ukraine: a hidden Russian scheme
August 20, 2024Tenders for public procurement of LLC "SOCAR RUS" - Moscow - General Director Mahmud Rufat Nahid Ogly - INN 7707803527
August 19, 2024SOCAR, Russia’s Gazprom agree to expand strategic partnership
August 02, 2024Azerbaijan Pushes Gazprom Out of Europe
July 16, 2024LLC "SOKAR RUS" - Moscow - General Director Mahmud Rufat Nahid Ogly - INN 7707803527
March 18, 2024Important information for SOCAR RUS partners
December 25, 2023Baku has not ruled out the possibility of buying out the LUKOIL Neftohim Burgas refinery
October 05, 2023Exclusive: Russia’s Lukoil lends Socar $1.5 billion in deal to supply its Turkish STAR refinery
September 28, 2023LLC "CHERNOMORSERVICE" - Moscow - Liquidator Cherkasov M. Yu. - TIN 2315141841
September 08, 2023Reuters: Azerbaijani SOCAR has suspended the purchase of Russian oil for refineries in Turkey
February 08, 2023Azerbaijan's SOCAR halts Russian crude supplies to Turkish refinery
Demand to Leave Russia:Petition text has been copied to the clipboard.
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