On the 13th of September 1992, the President of Azerbaijan issued a decree to establish the State Oil Company of the Republic of Azerbaijan (SOCAR) on the basis of Azerineft State Concern and Azernefkimya PU.
On the 13th of September 1992, the President of Azerbaijan issued a decree to establish the State Oil Company of the Republic of Azerbaijan (SOCAR) on the basis of Azerineft State Concern and Azernefkimya PU.