SOCAR Trading Gas & Power sarl
SOCAR Trading Gas & Power sarl is a Luxembourg-registered entity within the SOCAR Trading group, the marketing arm of Azerbaijan's state oil company.
Last updated September 16, 2026
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Overview
SOCAR Trading Gas & Power sarl is a Luxembourg-registered company within the SOCAR Trading group. SOCAR Trading was established in December 2007 as the marketing arm of the State Oil Company of Azerbaijan Republic (SOCAR) and is headquartered in Geneva. It is a wholly-owned state entity that also operates as a commodities trading company based in Switzerland. Since 2017 SOCAR Trading has invested in LNG and gas trading capabilities, and in 2021 it set up a carbon trading desk. SOCAR Trading S.A. is a 100%-owned subsidiary of SOCAR, the national oil company of Azerbaijan.
History
SOCAR Trading was established in December 2007 as the marketing arm of the State Oil Company of Azerbaijan Republic (SOCAR), headquartered in Geneva. It is described as a wholly-owned state entity that also operates with the independence and global presence of a major commodities trading company based in Switzerland. While it continues to market the bulk of SOCAR crude oil export volumes from Ceyhan port in Turkey, it has also developed significant third party volumes. Since 2017, SOCAR Trading has invested into the development of LNG and Gas trading capabilities, with a carbon trading desk set up in 2021. SOCAR Trading S.A. is a 100%-owned subsidiary of SOCAR, the national oil company of Azerbaijan.
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