State Oil Company of Azerbaijan Republic (SOCAR)

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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 …

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 …

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 …

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 …

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 …

SOCAR discovers Georgian regions

SOCAR Georgia Gas, which has been successfully operating in Georgia for more than ten years, agreed to invest new funds in the development of the Georgian gas pipeline network

Industrial event of the year in Azerbaijan

A polypropylene plant built within the SOCAR Polymer project in Sumgait Chemical Industrial Park was opened yesterday. The opening ceremony was attended by Azerbaijani President Ilham Aliyev and …