Headquartered in Geneva, SOCAR Trading was established in December 2007 as the marketing arm of the State Oil Company of Azerbaijan Republic (SOCAR).

SOCAR Trading is unique: it enjoys the advantages of being a wholly-owned state entity combined with the independence and global presence of a major commodities trading company based in Switzerland.

While the company continues to market the bulk of SOCAR crude oil export volumes from Ceyhan port in Turkey, it has also been able to develop significant third party volumes through both leveraging its system barrels, as well as its experienced traders developing new business.

Since 2017, SOCAR Trading has invested into the development of LNG and Gas trading capabilities with the carbon trading desk set up in 2021. Today, SOCAR Trading is the global trading house with offices in five major trading hubs and crude oil, refined products, LNG, natural gas and environmental products trading capabilities. Besides its trading activities SOCAR Trading has relationships with SWIFT and more than 40 banks in Europe, Asia and US.