Headquartered in Geneva, SOCAR Trading is the international marketing and development arm of SOCAR - the State Oil Company of Azerbaijan Republic. The company markets the bulk of SOCAR crude oil export volumes from Ceyhan and trades significant volumes of third-party crude and oil commodities. Since it shipped its first load in April 2008, SOCAR Trading has successfully optimized and diversified the SOCAR barrel among end-users across Europe, Asia, and the Americas. Crucially, SOCAR Trading has also leveraged its system barrel successfully to access significant third-party crude and product volumes, processing operations and investments in oil logistics. The third-party company makes up around half of SOCAR Trading’s activities.