SOCAR Türkiye Participated in the International Caspian Oil & Gas Exhibition

SOCAR Türkiye showcased its integrated industrial strength in Türkiye, built through approximately USD 19.5 billion in investments, as well as its strategic role within the energy ecosystem, under its vision focused on transformation, digitalization, and sustainability at the International Caspian Oil & Gas Exhibition held in Baku.

SOCAR Türkiye, Türkiye’s largest foreign direct investor and integrated industrial group, participated in the 31st International Caspian Oil & Gas Exhibition (COG), held as part of Baku Energy Week. At its dedicated exhibition stand, SOCAR Türkiye presented its strategic investments in Türkiye, the strong synergy among its group companies, its integrated business model, and the value it creates for the regional energy ecosystem.

Sponsored by SOCAR and recognized as one of the region’s largest energy events, the exhibition took place at the Baku Expo Center from 1–3 June. During the event, which was attended by SOCAR Türkiye’s senior management, public and private sector executives visited the SOCAR Türkiye stand to learn more about the company’s strategic investments in Türkiye, its integrated business model, and its sustainability-focused transformation vision.

Throughout the exhibition, SOCAR Türkiye highlighted its strong integration model and collaborative growth approach established through its group companies, including Petkim, STAR Refinery, TANAP, SOCAR Terminal, SOCAR Storage, SOCAR Trading, and SOCAR Fiber.

Approximately USD 19.5 Billion Invested in Türkiye

During the exhibition, SOCAR Türkiye introduced sustainability, digitalization, and transformation initiatives implemented across its group companies—Petkim, STAR Refinery, TANAP, SOCAR Terminal, SOCAR Storage, SOCAR Trading, and SOCAR Fiber—through which it operates with approximately USD 19.5 billion in investments in Türkiye. The company also presented its new business partnerships. Visitors were informed about SOCAR Türkiye’s integrated business model, the strong synergy among its group companies, and the value it creates for Türkiye’s strategic energy ecosystem.

Screens located throughout the exhibition stand featured SOCAR Türkiye’s corporate film as well as special content highlighting the company’s economic and industrial contributions to Türkiye. In addition, visitors were introduced to SOCAR Türkiye’s initiatives aimed at reducing its carbon footprint, its green energy investments, biotechnology applications, chemical recycling projects, and innovative solutions developed by SOCAR Türkiye R&D.

Elchin Ibadov: “We Create Added Value for the Transformation Process Through Our Integrated Structure”

Commenting on the exhibition, SOCAR Türkiye CEO Elchin Ibadov said:

"Transformation in the energy sector is no longer shaped solely by production capacity; it is increasingly driven by technology, sustainability, and integrated business models. As Türkiye’s largest foreign direct investor, with approximately USD 19.5 billion in investments, we contribute to reducing the country’s energy-related current account deficit by meeting around 20% of Türkiye’s demand for refined petroleum products. Through the strong synergy among our group companies, we have established a comprehensive strategic energy ecosystem spanning refining, petrochemicals, logistics, and renewable energy. With our focus on digitalization and R&D, we continue to contribute to the transformation of the sector while supporting Türkiye’s vision of becoming a regional energy hub."