Azerbaijan has boosted ties with Israel despite Israel’s harsh prosecution of the Gaza war since the Hamas attack of October 7, 2023
Azerbaijan and Israel, which have long cultivated close ties in defense and intelligence, are strengthening cooperation in the energy field.
Last October, Azerbaijan’s State Oil Company (SOCAR) acquired a 10 percent stake in Israel’s Tamar gas field as part of the company’s Mediterranean upstream strategy. The investment, SOCAR’s first direct upstream venture in the Mediterranean, signals Azerbaijan’s intent to deepen its economic and geopolitical footprint in the Middle East while reinforcing its strategic alliance with Israel. SOCAR’s expansion into the Mediterranean basin intensifies Azerbaijan’s soft power and opens the prospect of additional gas exports to southeastern Europe. SOCAR reportedly bought the stake from Union Energy, which is operated by Chevron.