, or the State Oil Company of the Republic of Azerbaijan , is a fully state-owned national oil and gas corporation headquartered in Baku, Azerbaijan. As of 2026, it remains a critical pillar of the Azerbaijani economy, managing the country's vast hydrocarbon reserves both onshore and offshore in the Caspian Sea. Core Operations and Infrastructure
While a major economic driver, SOCAR has faced significant scrutiny: Socar Wikipedia
: It holds significant stakes in the Baku–Tbilisi–Ceyhan (BTC) and the Southern Gas Corridor, which transports gas to Europe via the TANAP and TAP pipelines. , or the State Oil Company of the