“With a dedicated and diverse workforce, I am confident that SOCAR Trading can develop into new markets and grow our business operations to cover the full energy spectrum.”

Taghi Taghi-Zada
Acting Chief Trading Officer

What we do

SOCAR Trading, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR), is a globally recognized energy trading company. At SOCAR Trading, we are the bridge that connects energy to you. Not only is SOCAR Trading the global marketing arm of SOCAR Group, it also fosters collaborative relationships. Our commitment to excellence, innovation, and sustainability drives us to connect the world’s energy markets, ensuring reliable supplies, and building a brighter, cleaner future for all.

Our Activities

About us
Crude Oil

SOCAR Trading is able to better manage the sale of Azeri crude through increased pricing flexibility and the ability to adapt to changing global needs, in addition to enhanced market knowledge stemming from its large network of partners and counter-parties. As of now, Azeri crude is delivered through mainly two pipelines: the Western Route Export Pipeline (WREP) in Georgia and the Baku-Tbilisi-Ceyhan pipeline (BTC) in Turkey. Additionally, our team moves volumes of crude through our supply chain to major international companies, refineries ensuring customers have enough products for their day to day needs.

About us
Refined Products

Our trading teams trade third-party light end products, including LPG, naphtha and gasoline, as well as petrochemicals products – ethylene, propylene and their derivatives. The team has a global coverage with traders based in Geneva, Singapore and Houston and is active both in financial and physical markets. The group also provides tailor-made hedging solutions to distributors and petrochemical end-users.

About us

The team focuses on physical and financial LNG and natural gas trading out of the London, Geneva and Singapore offices. While managing the company’s floating LNG regasification terminal in Malta, majority of the desk’s activities are focused on proprietary derivative and physical trading with a truly global market coverage.

About us
Natural Gas

The European natural gas trading desk has developed its outreach across Europe and is active across key hubs including PSV, TTF, ZTP and Eastern European markets, including Bulgaria and Greece. The desk plays a pivotal role within SOCAR, providing integrated services ranging from optimisation to hedging and portfolio strategy.

About us
Carbon Trading

The Carbon Desk has been established to understand and manage business risks related to environmental regulations and policies. Operational set up has been completed for compliance and voluntary carbon markets including trading and project development. This enables us to offer customers environmental product solutions. Our first carbon compensated crude cargo was delivered to CPC Corporation in June 2022.

About us
Paper Trading

The Paper Trading Desk offers comprehensive hedging services both for SOCAR Group’s operations and for external clients. Additionally, we actively engage in proprietary trading within the derivative market. Our team boasts a wealth of knowledge and proficiency in hedging strategies across various domains and regions, including Brent Dated market, Products market, Options and Structured trading.