Startups
Headquartered in Geneva, SOCAR Trading is the international marketing and development arm of SOCAR - the State Oil Company of Azerbaijan Republic.
The company markets the bulk of SOCAR crude oil export volumes from Ceyhan and trades significant volumes of third party crude and oil products.
Since it shipped its first cargo in April 2008, SOCAR Trading has successfully optimised and diversified the SOCAR barrel among end-users across Europe, Asia, and the Americas.
Crucially, SOCAR Trading has also leveraged its system barrel successfully to access significant third-party crude and product volumes, processing operations and investments in oil logistics. Third party business makes up around half of SOCAR Trading’s activities.
The company markets the bulk of SOCAR crude oil export volumes from Ceyhan and trades significant volumes of third party crude and oil products.
Since it shipped its first cargo in April 2008, SOCAR Trading has successfully optimised and diversified the SOCAR barrel among end-users across Europe, Asia, and the Americas.
Crucially, SOCAR Trading has also leveraged its system barrel successfully to access significant third-party crude and product volumes, processing operations and investments in oil logistics. Third party business makes up around half of SOCAR Trading’s activities.
Overview
Location
Switzerland, Geneva
Employees
201-500
Founded date
2008
Mentions in press and media 3
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Oct 27, 2021 | SOCAR Trading Collaborates with Windward to Enhance Sanctions Compliance and Due Diligence Processes | SOCAR Trading will use Windward's Predictive Intelligence platform to monitor its fleet, run counterparty due diligence, and ensure compliance with all sanctions regimes LONDON, Oct. 27, 2021 /PRNewswire/ -- Windward, the Predictive Intelli... |
| Socar Trading | “SOCAR Trading website is under construction.” |
Reviews 0
FAQ about SOCAR Trading
When was SOCAR Trading founded?
SOCAR Trading was founded in 2008.
What has the press written about SOCAR Trading?
Parsers VC has collected 3 articles mentioning SOCAR Trading, among them “SOCAR Trading Collaborates with Windward to Enhance Sanctions Compliance and Due Diligence Processes” (Oct 27, 2021) and “Socar Trading”.
Is SOCAR Trading still active?
Yes, SOCAR Trading is active; its latest activity on Parsers VC dates from Oct 27, 2021.