SOCAR representatives said they would think the offer through before taking a decision.
The privatization of Oltchim fell through in October last year and the company entered insolvency in January 2013.
SOCAR said early this year its gas station network in Romania expanded to 14 units and planned opening new units, in Bacau, Focsani and Roman.
The Azeri company operates gas stations in Switzerland, Romania, Ukraine and Georgia and produces 60 million tons of oil and 30 billion cubic meters of natural gas annually.
Three years ago, SOCAR said it was interested in cooperating with Oltchim and marketing its products in Romania. The company said it did not plan any acquisition on the local market.