Operating under SOCAR Türkiye, SOCAR Enerji Ticaret A.Ş. has evolved into a dynamic and multi-dimensional player in Türkiye’s energy market, serving internal group energy needs and external market demands. Its growing volume in natural gas and electricity trading, cross-border connections, and strategic investments demonstrate the company’s critical role in the regional energy transformation.
A Strong Foundation: Contributing To Türkiye’s Supply Security
Within the framework of the memorandum of understanding signed between the Republic of Azerbaijan and the Republic of Türkiye, SOCAR Türkiye plays a strategic role in Türkiye’s energy supply security by providing up to 1.7 billion cubic metres of natural gas annually. This gas is utilised in the group’s petrochemical and refinery facilities in the country, forming a key link in the integration chain. What sets SOCAR apart is its integrated supply chain approach, which creates simultaneous value across global natural gas and electricity markets.
Robust Presence In The Wholesale Market
As of today, SOCAR Enerji Ticaret stands among the largest private sector players in Türkiye’s wholesale electricity and natural gas markets. The company’s electricity end-user portfolio has reached 300 MW, while its total sales and trading volume have exceeded 1000 MW. By 2024, the combined electricity and natural gas trading volume reached 20 TWh. These figures reflect physical trading capabilities and advanced competencies in portfolio management, price optimisation, and flexible contract structures.
International Electricity Trading
A key pillar of SOCAR Enerji Ticaret’s growth strategy is strengthening regional trade. Since 2023, the company has initiated cross-border electricity trading with Georgia, Bulgaria, and Greece. In 2025, it expanded its scope to include the transit of electricity produced in Azerbaijan to Türkiye via Georgia. This milestone enhances regional energy security, reinforces SOCAR’s position as a source country, and contributes to Türkiye’s diversification of import sources.
From Gas To Power: Toward An Integrated Value Chain
SOCAR Enerji Ticaret is expanding its current operations and aiming to integrate electricity generation into its value chain through its Gas to Power strategy. This includes growing interest in combined cycle gas turbine (CCGT) investments, which enable direct utilisation of gas resources for electricity production. This strategic direction allows for higher value-added use of natural gas and expands cross-border trading potential.
Transformation Through A Sustainability Lens
SOCAR Enerji Ticaret places sustainability at the core of its operations. To increase electricity sales from renewable sources and reduce its carbon footprint, the company integrates mechanisms such as renewable Power Purchase Agreements (rPPA) into its supply portfolio. The solutions offered to customers span a wide range—from gas and electricity supply to tailored energy products, sustainable solutions, green energy, and rooftop solar panel services. In addition to solar projects, the company provided I-REC-certified green energy to 23% of its end-user portfolio in 2024.
With the acquisition of an Aggregator license in 2025, SOCAR Enerji Ticaret aims to transform its experience in power plant management into a broader service portfolio. This step further enhances its portfolio optimisation, balancing, and portfolio management capabilities.
Currently managing a renewable PPA portfolio exceeding 100 MW, SOCAR Enerji Ticaret leverages this capacity to meet its commercial needs and deliver value-added services to its customers. Thanks to its Aggregator license, the company gains the flexibility to manage diverse generation assets from a single centre, positioning itself as a strong energy solutions partner offering secure, competitive, and sustainable supply services.
SOCAR Enerji Ticaret’s growth is shaped by commercial metrics and its vision of energy supply security, regional integration, green transformation, and creating an integrated value chain. By diversifying Azerbaijan’s resources across various supply chains and offering alternative trading products and channels, SOCAR Enerji Ticaret plays a pivotal role in the regional energy transition.