BAKU, Azerbaijan, Feb.3. The State Oil Company
of Azerbaijan (SOCAR) held a meeting at its headquarters to discuss
the draft Social Development (Sustainability) Program for 2026–2028
and the associated action plan, Trend reports citing the company.
“At the meeting, participants reviewed the results of the
2021–2025 Social Development Program, exchanged views on priority
areas for the next period, and set future objectives,” the company
said.
SOCAR plays a strategic role in regional and international
energy security and in the development of the country’s oil, gas,
and petrochemical industries. The company supports the growth of
Azerbaijan’s economic, scientific, technical, and intellectual
potential, maintains a leading position in energy projects, and
aims to maximize revenue from the sale of hydrocarbon resources and
related products in domestic and international markets.
Guided by these principles, SOCAR pursues sustainable and
continuous development while generating value for Azerbaijani
citizens and legal entities. Its operational approach emphasizes
quality, health, workplace safety, and environmental protection,
aiming to carry out all activities with minimal environmental
impact, prevent accidents and occupational illnesses, and align
management processes with leading international standards. Through
integrated processes and procedures, the company seeks to optimize
its value chain across all operations.
