SOCAR’s strategic expansion: Vision beyond borders

Azernews.Az

11 October 2025 19:10 (UTC+04:00)

Qabil Ashirov

In a recent statement delivered during Turkmenistan’s Independence Day celebrations, Azerbaijan’s Minister of Economy Mikayil Jabbarov underscored a pivotal development in regional energy cooperation. He announced that the State Oil Company of Azerbaijan Republic (SOCAR) is keenly interested in participating in the development of promising hydrocarbon fields in Turkmenistan. This declaration is more than a diplomatic gesture—it signals SOCAR’s continued evolution from a national oil company into a global energy powerhouse.

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