What is SOCAR, What are Its Areas of Activity?
<p>SOCAR stands for the State Oil Company of Azerbaijan Republic. It is the national oil and gas company of Azerbaijan. The company engages in various activities related to the production, processing, transportation, and distribution of oil and gas. Additionally, it is involved in the petrochemical industry.</p> <p>SOCAR's areas of operation include:</p> <p>Exploration and production of oil and gas: SOCAR is involved in the discovery, development, and production of oil and gas reserves in Azerbaijan.</p> <p>Refining and processing: The company processes crude oil to produce various petroleum products such as gasoline, diesel, jet fuel, and other derivatives.</p> <p>Petrochemicals: SOCAR engages in the production and marketing of petrochemical products such as plastics, polymers, and fertilizers.</p> <p>Transportation: SOCAR operates pipelines, ships, and other transportation methods for the transportation of oil and gas.</p> <p>Distribution: The company is responsible for the distribution and marketing of petroleum products within Azerbaijan and internationally.</p> <p>SOCAR plays a significant role in the economy of Azerbaijan by managing, processing, and trading the country's oil and gas resources. It also operates on an international scale and plays a strategic role in the global energy sector.</p>
