SOCAR Trading is a global commodity trading organization, which was established in 2007 in Geneva, Switzerland as a marketing arm of the State Oil Company of Azerbaijan Republic (SOCAR).
Initially, SOCAR Trading was founded with the mandate to market crude oil from the Azeri-Chirag-Guneshli (ACG) and surrounding fields. Today, SOCAR Trading is a global commodity trading hub headquartered in Geneva, with more than 200 employees globally in five trading offices spanning across Europe, Asia, Middle East and America.
Through the years, SOCAR Trading have developed a variety of business relationships, particularly with state-owned entities, and steadily diversified its trading portfolio to include different types of commodities, spanning various hydrocarbon-based products, such as crude oil, refined crude, LNG, LPG, natural gas as well as environmental products.
Our signature product, Azeri crude, is traded predominantly through the Baku-Tbilisi-Ceyhan pipeline (BTC) from Ceyhan, Turkey and the Western Route Export Pipeline (WREP) from Supsa, Georgia. SOCAR Trading trades various crude oil grades as well as a variety of petroleum products globally through its’ network of trading offices.
Our regional offices in Singapore, Dubai, London and Houston continue to build important business relationships with established and new partners generating trading flows and synergies across the globe.
Looking forward, SOCAR Trading continues to expand its portfolio with a growth emphasis on ESG matters especially on new energy solutions.
For more details, please visit: www.socartrading.com