The state oil company of Azerbaijan republic ABOUT US MARKETING TRADING SOCAR GROUP EVENTS NEWS Q&A MARKETING Marketing & Export Global Destinations MARKETING Azeri Light Marketing & Export options Before the establishment of SOCAR Trading, SOCAR initially exported its crude through Georgia and Russia, until the much larger Baku-Tbilisi-Ceyhan (BTC) pipeline was completed in 2005. The BTC allowed SOCAR access to the Mediterranean through Ceyhan, Turkey and allowed it to load Very Large Crude Carriers (VLCCs) which gave SOCAR the opportunity to deliver Azeri crude to a wider range of customers, in the Mediterranean area, as well as further out to Asia and America. Once established in 2008, SOCAR Trading - a wholly-owned state entity headquartered in Geneva - took over the torch and has successfully marketed close to 1 billion barrels of Azeri Light crude on a global scale. As a trading company, SOCAR Trading was able to better manage the sale of Azeri crude through increased pricing flexibility and the ability to adapt to changing global needs, in addition to enhanced market knowledge stemming from its large network of partners and counter-parties. As of now, Azeri crude is delivered through mainly two pipelines: the Western Route Export Pipeline (WREP) in Georgia and the Baku-Tbilisi-Ceyhan pipeline (BTC) in Turkey. WREP - 1999 learn more about WREP BTC - 2005 learn more about BTC SITE NAVIGATION About us Marketing Trading Our people SOCAR group Events News Publications CONTACT SOCAR TRADING SOCAR Trading is the international marketing and development arm of SOCAR, the State Oil Company of Azerbaijan. CONTACT US SOCAR TRADING © Copyright 2014-2021 SOCAR Trading. All rights reserved. Links Legal Disclaimers Privacy Policy Follow Us Stratégie digitale FusionTen : Agence Marketing

The state oil company of Azerbaijan republic ABOUT US MARKETING TRADING SOCAR GROUP EVENTS NEWS Q&A TRADING Crude Products TRADING Crude 298 564 441 441 Azeri Crude Third party crudes 2016 2017 2018 2019 Crude Volumes (million barrels) SOCAR Trading had a successful year in 2019. The company’s business model with a balanced, resilient, and diversified approach allows for agile capture of profitable opportunities. SITE NAVIGATION About us Marketing Trading Our people SOCAR group Events News Publications CONTACT SOCAR TRADING SOCAR Trading is the international marketing and development arm of SOCAR, the State Oil Company of Azerbaijan. CONTACT US SOCAR TRADING © Copyright 2014-2021 SOCAR Trading. All rights reserved. Links Legal Disclaimers Privacy Policy Follow Us Stratégie digitale FusionTen : Agence Marketing