SOCAR Acquires 10% Stake in Tamar Field and 80% in Bahar — Expanding Global Asset Portfolio

14:55 - 14.08.2026


August 14, Fineko/abc.az. Throughout 2025, SOCAR expanded its international asset portfolio and strengthened its positioning across the energy value chain by finalizing major strategic transactions.

The company enhanced operational efficiency while entering high-value regional and international projects.

Key Strategic Transactions in 2025:

  • "Bahar" and "Gum-Deniz" Fields: Secured an 80% operating stake;

  • "Tamar" Gas Field (Israel): Acquired a 10% effective participation interest in the Mediterranean gas field;

  • Investments in Türkiye: Advanced new petrochemical, energy, and digital infrastructure projects;

  • Gas Exports: Expanded natural gas export corridors and international corporate partnerships.