SOCAR's credit rating raised, opening doors to global investors

Azernews.Az

16 July 2025 08:30 (UTC+04:00)

Nazrin Abdul

In a significant milestone for Azerbaijan’s energy sector, Moody’s Investors Service has upgraded the long-term issuer rating of the State Oil Company of Azerbaijan Republic (SOCAR) to Baa3 (stable) — marking the company’s transition to investment-grade status. This move not only enhances SOCAR’s financial standing but also broadens its investor base, particularly among...

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