Company surpasses 2025 goals and sets sights on long-term growth in a dynamic market.
SOCAR Petroleum, the Romanian subsidiary of the State Oil Company of the Azerbaijani Republic, has expanded its network to 88 filling stations after opening 14 new sites in 2025, five more than initially planned.
“SOCAR exceeded the business targets set for this year. We planned to open nine new filling stations in Romania, but we are ending the year with 14. For 2026, we have plans that are no less ambitious, to exceed the mark of 100 stations,” said General Director Ramin Aliyev, quoted by Business Forum.
The latest station, inaugurated in Baia Mare, features multi-product dispensers offering Nano 95, Nano Diesel, Nano Super Diesel, and a dedicated unit for cargo transport. Romania’s fuel market continues to show sustainable growth, and the company aims to operate more than 200 stations in the coming years, capturing 6% of the market and reaching an annual turnover of $1 billion.
SOCAR Petroleum reported a turnover of 3.6 billion lei (€707 million) in 2024, up 33% year-on-year, with total investments in Romania exceeding €80 million. The company has been active in the country since 2011, managing three oil depots and holding a license for wholesale gas trading.