SOCAR Turkiye, the Turkish subsidiary of the Azerbaijan State Oil Company (SOCAR), is headquartered in Turkey. Established in 2008 when it acquired a 51% stake in Petkim from the Privatization Administration, the company operates with approximately 2,940 employees. Its main investment areas encompass petrochemical products and trade, refining, and natural gas trade and distribution. SOCAR Turkiye oversees various entities including Petkim, TANAP, STAR Refinery, SOCAR Terminal, Petkim RES, Bursagaz, Kayserigaz, SOCAR Enerji Ticaret, SOCAR Ticaret, and SOCAR Depolama. The company was the first in Turkey to be designated a 'Special Industrial Zone' for its lands in Aliağa, where a substantial portion of its investments are concentrated. Having completed the integration process across refining, petrochemicals, energy, logistics, distribution, and storage, the group functions as an industrial entity.
