SOCAR Trading SA, headquartered in Geneva, has successfully diversified its business to include Azeri and third-party crude oil, LNG, and distillates. The company employs more than 200 people across its main trading hubs, which in addition to Geneva include Dubai, Houston, London, and Singapore.
Originally incorporated as the marketing arm of the State Oil Company of Azerbaijan Republic (SOCAR), SOCAR Trading is a wholly-owned state entity but is a fully independent Swiss company and major global trading house.
SOCAR Trading had a successful year in 2019. The company’s business model with a balanced, resilient, and diversified approach allows for agile capture of profitable opportunities.
With a presence across the entire commodities value chain, SOCAR Trading’s consistent growth is made possible by a strong team of highly skilled, diverse professionals and management team.