The (blinding) lights of Baku

SOCAR

Reflections of wealth

Based in Baku, the SOCAR (State Oil Company of Azerbaijan Republic), the state oil company controlled by President Ilham Aliev, is now worth over $ 20 billion. Most of the oil and gas fields are on the outskirts of Baku. The company's omnipresent logo is a symbol of the wealth and imbalances the extraction of hydrocarbons has created in the country (and its capital).