The State Oil Company of Azerbaijan Republic (SOCAR) is the national oil and gas company of Azerbaijan. Established in 1992, SOCAR is responsible for the exploration, production, and transportation of oil and natural gas in the country. It plays a crucial role in Azerbaijan's economy and energy sector, contributing significantly to national revenue. SOCAR operates various oil and gas fields, both onshore and offshore, and is involved in international projects, including pipelines that transport energy resources to Europe. The company also invests in refining and petrochemical industries, enhancing its position in the global energy market.