Socar Wikipedia May 2026

: In late 2023, SOCAR acquired assets from the Norwegian firm Equinor, including stakes in the BTC pipeline and the ACG oil field.

While a major economic driver, SOCAR has faced significant scrutiny: Socar Wikipedia

: SOCAR has begun diversifying into sustainable energy, commissioning Switzerland’s first fast-charging station for electric trucks and exploring offshore wind projects with Technip Energies. Controversies and Public Image : In late 2023, SOCAR acquired assets from

: The company is a key partner in major international projects like the Azeri–Chirag–Gunashli (ACG) oil field and the Shah Deniz gas field. : In late 2023

: 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.