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Organization: SOCAR
TIN 9900003871, LEI 2549002HARR1VE257O76

Organization name
The State Oil Company of the Azerbaijan Republic
Country name
Azerbaijan
Country of registration
Azerbaijan
Industry
Oil and Gas Extraction and Refining
Bond debt
1,850 mln USD

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The State Oil Company of the Republic of Azerbaijan, known as SOCAR, is a fully state-owned national oil and gas company headquartered in Baku, Azerbaijan. The company produces oil and natural gas from onshore and offshore fields in the Azerbaijani segment of the Caspian Sea. It operates the country's only oil refinery, one gas processing plant and several oil and gas export pipelines throughout the country. SOCAR owns SOCAR-branded petrol station networks in Azerbaijan, Turkey, Georgia, Ukraine, Romania and Switzerland.

Awards

News

11/08/2022 Moody's Investors Service upgrades LT- foreign currency credit rating of SOCAR to "Ba1" from "Ba2"; outlook stable
10/08/2022 Moody's upgrades SOCAR to Ba1 from Ba2; changes outlook to stable from positive (Rating action commentary)
17/05/2022 Fitch Ratings affirms SOCAR at "BB+" (LT Int. Scale (foreign curr.) credit rating); outlook stable
08/02/2022 SOCAR makes first coupon payment on its new bonds
30/11/2021 S&P Global Ratings affirms SOCAR at "BB-" (Local Currency LT credit rating); outlook stable
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Codes

  • TIN
    9900003871
  • LEI
    2549002HARR1VE257O76
  • SIC
    1381 DRILLING OIL & GAS WELLS
  • ICB
    500 Oil & Gas

Credit ratings

IFRS/US GAAP reports

2021
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2020
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2019
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2018
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2017
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2016
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2015
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2012
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2011
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Annual reports

2015
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Macroeconomic Indicators - SOCAR

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