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SOCAR
The State Oil Company of the Republic of Azerbaijan (), largely known by its abbreviation SOCAR, is a fully state-owned national oil and gas company headquartered in Baku, Azerbaijan. The company produces oil and natural gas from onshore and offshore fields in the Azerbaijani segment of the Caspian Sea. It operates the country's only oil refinery, one gas processing plant and runs several oil and gas export pipelines throughout the country. It owns fuel filling station networks under the ''SOCAR'' brand in Azerbaijan, Turkey, Georgia, Ukraine, Romania, Switzerland, and Austria. SOCAR is a major source of income for the authoritarian regime in Azerbaijan. The company is run in an opaque manner, as it has complex webs of contracts and middlemen that have led to the enrichment of the country's ruling elites. History Soviet era Azneft, a business that integrated the Azerbaijani oil industry was created after the Bolshevik Revolution through the nationalization of the Azerbaija ...
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Caspian Sea
The Caspian Sea is the world's largest inland body of water, described as the List of lakes by area, world's largest lake and usually referred to as a full-fledged sea. An endorheic basin, it lies between Europe and Asia: east of the Caucasus, west of the broad steppe of Central Asia, south of the fertile plains of Southern Russia in Eastern Europe, and north of the mountainous Iranian Plateau. It covers a surface area of (excluding the highly saline lagoon of Garabogazköl to its east), an area approximately equal to that of Japan, with a volume of . It has a salinity of approximately 1.2% (12 g/L), about a third of the salinity of average seawater. It is bounded by Kazakhstan to the northeast, Russia to the northwest, Azerbaijan to the southwest, Iran to the south, and Turkmenistan to the southeast. The name of the Caspian Sea is derived from the ancient Iranian peoples, Iranic Caspians, Caspi people. The sea stretches from north to south, with an average width of . Its gr ...
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SOCAR Gas Processing Plant
SOCAR Gas Processing Plant is a natural gas and gas products processing factory that joined to the structure of State Oil Company of Azerbaijan Republic (SOCAR) with regard to the presidential decree dated October 7, 2009. The factory carries out the production of natural gas, natural gas liquids, natural gasoline, gas condensate, heavy condensates, dry gas, commercial butane and commercial propane-butane mixture. The plant is situated in Lokbatan settlement, Baku. The director of the Gas Processing Plant is Agshin Pashayev. History In 1958, "GIPROAZNEFT" institute, which operated in the former Soviet period, designed the Gas Processing Plant. The first and second building phases were completed, respectively, in 1961 and in 1963-1964. During the first phase, three units were put into operation with other all supporting facilities. The units were unit 3 contains gas-gasoline separator equipment, natural gasoline stripping and gas condensate processing unit 4. The gasoline-gas se ...
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Azerbaijan
Azerbaijan, officially the Republic of Azerbaijan, is a Boundaries between the continents, transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. It is a part of the South Caucasus region and is bounded by the Caspian Sea to the east, Russia's republic of Dagestan to the north, Georgia (country), Georgia to the northwest, Armenia and Turkey to the west, and Iran to the south. Baku is the capital and largest city. The territory of what is now Azerbaijan was ruled first by Caucasian Albania and later by various Persian empires. Until the 19th century, it remained part of Qajar Iran, but the Russo-Persian wars of Russo-Persian War (1804–1813), 1804–1813 and Russo-Persian War (1826–1828), 1826–1828 forced the Qajar Empire to cede its Caucasian territories to the Russian Empire; the treaties of Treaty of Gulistan, Gulistan in 1813 and Treaty of Turkmenchay, Turkmenchay in 1828 defined the border between Russia and Iran. The region north o ...
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Petkim
Petkim Petrokimya Holding A.Ş. is the leading petrochemical company of Turkey. Founded on April 3, 1965, by Turkish Petroleum in 1965 in Izmir and privatized in 2008 and transferred to SOCAR. The main plant complex is located in Yarımca, Izmit. From 1985 on, a second complex has been constructed in Aliağa, İzmir. Specializing in petrochemical manufacturing, the company produces ethylene, polyethylene, polyvinyl chloride, polypropylene and other chemical building blocks for use in the manufacture of plastics, textiles, and other consumer and industrial products. The company has 14 manufacturing plants, supplying a significant portion of petrochemicals used in Turkey. The company also exports products to the United States, and countries in Europe, the Middle East, Africa, and Asia. Petkim is listed on the Istanbul Stock Exchange. Petlim is a container port currently being built near the town of Aliağa Aliağa () is a municipality and district of İzmir Province, Turk ...
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Baku Shipyard LLC
Baku Shipyard LLC is a shipyard plant in Azerbaijan. It is a joint venture between State Oil Company of Azerbaijan Republic, Azerbaijan Investment Company (AIC) and Keppel Corporation. The construction and operation of the plant is also a joint effort between the three companies. History Construction of the Baku Shipyard LLC was launched in March 2010. The plant is considered to be the largest shipyard plant in the countries bordering the Caspian Sea. Its production capacity is 25 thousand tons of metal constructions per year. The total area of the enterprise is 620 thousand square meters. Semi-station buildings have been constructed in order to provide the electrical supply to the plant. In addition, a 1630-meter-long bridge, five-story administrative building, training center, various offices and warehouses, production workshops, repairs, dining-room, medical center, and compressor building were constructed. The plant was designed by the “Royal Haskoning” British Company ...
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Baku
Baku (, ; ) is the Capital city, capital and List of cities in Azerbaijan, largest city of Azerbaijan, as well as the largest city on the Caspian Sea and in the Caucasus region. Baku is below sea level, which makes it the List of capital cities by elevation, lowest lying national capital in the world and also the largest city in the world below sea level. Baku lies on the southern shore of the Absheron Peninsula, on the Bay of Baku. Baku's urban population was estimated at two million people as of 2009. Baku is the primate city of Azerbaijan—it is the sole metropolis in the country, and about 25% of all inhabitants of the country live in Baku's metropolitan area. Baku is divided into #Administrative divisions, twelve administrative raions and 48 townships. Among these are the townships on the islands of the Baku Archipelago, as well as the industrial settlement of Neft Daşları built on oil rigs away from Baku city in the Caspian Sea. The Old City (Baku), Old City, conta ...
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Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized pro ...
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October Revolution
The October Revolution, also known as the Great October Socialist Revolution (in Historiography in the Soviet Union, Soviet historiography), October coup, Bolshevik coup, or Bolshevik revolution, was the second of Russian Revolution, two revolutions in Russia in 1917. It was led by Vladimir Lenin's Bolsheviks as part of the broader Russian Revolution of 1917–1923. It began through an insurrection in Petrograd (now Saint Petersburg) on . It was the precipitating event of the Russian Civil War. The initial stage of the October Revolution, which involved the assault on Petrograd, occurred largely without any casualties. The October Revolution followed and capitalized on the February Revolution earlier that year, which had led to the abdication of Nicholas II and the creation of the Russian Provisional Government. The provisional government, led by Alexander Kerensky, had taken power after Grand Duke Michael Alexandrovich of Russia, Grand Duke Michael, the younger brother of ...
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Heydar Aliyev Baku Oil Refinery 3
Heydar is a common male given name in Greater Iran, particularly in Iran and Azerbaijan. A variant of the Arabic name Haydar (also spelt Heidar, Haider, and other variants), it was a cognomen of Ali, who was known for his courage in battle. Heydar is sometimes transliterated as Gaidar or Geidar, from the Cyrillic spelling Гейдар. The name may refer to: People *Heydar Aliyev (1923–2003), Azerbaijani politician and president *Heydar Babayev (born 1957), Azerbaijani politician *Heydar Ghiai (1922–1985), Iranian architect *Heydar Huseynov (1908–1950), Azerbaijani philosopher *Heydar Moslehi (born 1957), Iranian politician *Heydar Yaghma (1926–1986), Iranian poet See also *Heydar Alat, Iran *''Heydar Babaya Salam'', a work of poetry *Heydar Baghi, Iran *Heydar Didehban, Iran *Heydar-e Posht-e Shahr, Iran *Heydar Kar, Iran *Heydar Kola, Iran *Heydari (name) Heydari ( Persian: حیدری), also spelt Haidari, Heidari or other variants, is an Iranian surname. The mean ...
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Natural Gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium. Methane is a colorless and odorless gas, and, after carbon dioxide, is the second-greatest greenhouse gas that contributes to global climate change. Because natural gas is odorless, a commercial odorizer, such as Methanethiol (mercaptan brand), that smells of hydrogen sulfide (rotten eggs) is added to the gas for the ready detection of gas leaks. Natural gas is a fossil fuel that is formed when layers of organic matter (primarily marine microorganisms) are thermally decomposed under oxygen-free conditions, subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other ...
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Switzerland
Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is geographically divided among the Swiss Plateau, the Swiss Alps, Alps and the Jura Mountains, Jura; the Alps occupy the greater part of the territory, whereas most of the country's Demographics of Switzerland, 9 million people are concentrated on the plateau, which hosts List of cities in Switzerland, its largest cities and economic centres, including Zurich, Geneva, and Lausanne. Switzerland is a federal republic composed of Cantons of Switzerland, 26 cantons, with federal authorities based in Bern. It has four main linguistic and cultural regions: German, French, Italian and Romansh language, Romansh. Although most Swiss are German-speaking, national identity is fairly cohesive, being rooted in a common historical background, shared ...
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Romania
Romania is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern and Southeast Europe. It borders Ukraine to the north and east, Hungary to the west, Serbia to the southwest, Bulgaria to the south, Moldova to the east, and the Black Sea to the southeast. It has a mainly continental climate, and an area of with a population of 19 million people. Romania is the List of European countries by area, twelfth-largest country in Europe and the List of European Union member states by population, sixth-most populous member state of the European Union. Europe's second-longest river, the Danube, empties into the Danube Delta in the southeast of the country. The Carpathian Mountains cross Romania from the north to the southwest and include Moldoveanu Peak, at an altitude of . Bucharest is the country's Bucharest metropolitan area, largest urban area and Economy of Romania, financial centre. Other major urban centers, urban areas include Cluj-Napoca, Timiș ...
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