Azerbaijan State Oil Company (SOCAR)

Azerbaijan State Oil Company (SOCAR) is the national oil and gas company of Azerbaijan. It manages the exploration, production, refining, transportation, and marketing of oil and gas resources. Established to oversee the country's vast hydrocarbon reserves, SOCAR plays a key role in Azerbaijan's economy, supporting domestic energy needs and exporting hydrocarbons to international markets. It also invests in energy infrastructure, petrochemical projects, and renewable energy initiatives, aiming to ensure efficient resource management and sustainable growth in the energy sector.