Azerbaijan's state oil company Socar is taking legal action in three countries to recover cash from Mubariz Mansimov's tanker company Palmali Group.

Socar said in a statement that it is trying to seize assets controlled by the Turkish shipping company following three arbitration awards in its favour in London in 2020 and 2021.

The company wants the awards recognised and is also trying to win court backing to seize Palmali's and Mansimov's assets.