State Oil Company of Azerbaijan Republic (SOCAR)

Lachin oil tanker launched in Baku

A new oil tanker 'Lachin' will be commissioned in Azerbaijan in June 2019. The tanker launching ceremony was held at the Baku Shipyard today. The ceremony was attended by Azerbaijani Economy Minister Shahin …

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SOCAR to return to offshore fields today

Suspension of production at offshore oil and gas fields due to the strong wind in Azerbaijan will not have a big impact on the average annual indicators, the SOCAR press service said. The company said that the oil workers will return to …

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SOCAR intends to invest $ 20 billion in Turkey

Today, Mesut Ilter, the director general of the Azerbaijani oil giant SOCAR’s subsidiary STAR Refinery, reported about the company’s intentions to invest in the Turkish economy up to $ 19.5 billion in the near future. He …

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SOCAR launches production of nanoparticles

Azerbaijani State Oil Company SOCAR has launched production of nanoparticles, the company's press service reported. The equipment necessary for the production of nanoparticles was developed in partnership with Russia's company …

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SOCAR to develop oilfield in Russia?

Azerbaijan’s state oil company SOCAR is in talks with Russia’s Rosneft, Gazprom and Novatek over the development of an oilfield in Russia, SOCAR Vice President Elshad Nasirov said. Nasirov also said that …

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Gazprom, SOCAR mull issues of gas supply to Azerbaijan

Russian company Gazprom and the Azerbaijani state oil company SOCAR discussed the issues concerning gas supplies to Azerbaijan. These issues were discussed during the meeting between Chairman of the Board of Gazprom Alexey …

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SOCAR Polymer fully uses Gazprombank loan

Director General of SOCAR Polymer LLC Farid Jafarov said that the company has fully used the loan provided by Russia's Gazprombank. In June 2015, the Azerbaijani state-owned company SOCAR and the Gazprombank …

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