SOCAR (State Oil Company of the Azerbaijan Republic)

The State Oil Company of the Azerbaijan Republic (SOCAR) is involved in exploring oil and gas fields, producing, processing and transporting oil, gas and gas condensate, marketing petroleum and petrochemical products in domestic and international markets, and supplying natural gas to industry and the public in Azerbaijan. Three production divisions, two oil refineries and one gas processing plant, an oil tanker fleet, a deep water platform fabrication yard, two trusts, one institution, and 22 subdivisions operate as corporate entities under SOCAR. Joint ventures (including ventures in Georgia and Turkey), consortia, and operating companies established with SOCAR's participation are doing business in different parts of the petroleum industry. SOCAR has representative offices in the Russian Federation, Georgia, Turkey, Romania, Austria, Switzerland, Kazakhstan, Great Britain, Iran, Germany, the United States and Ukraine, and trading companies in Switzerland, Singapore, Vietnam, Nigeria and other countries.