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Caspian Oil-Gas Exchange to be launched in Baku on Sep. 20

18 September 2009 16:04 (UTC +04:00)

Baku - APA-Economics. Caspian Oil-Gas Exchange (www.oil-exchange.com) which is the interactive online portal about the fuel-energy complex of the Caspian Region shall be opened on September 20 2009, the day of 15th anniversary of the Contract of the Century.

Caspian Oil-Gas Exchange was organized under the support of the Caspian-European Integration Business Club (CEIBC). Caspian Energy International Media Group is the general information partner of the exchange.

Telman Aliyev, President and CEO of CEIBC, says that businessmen will be able to enter this portal via their cell phones, personal computers and notebooks for getting familiarized with the activity of the Exchange and pass decision on participation in the project or purchase of point for participation in our bids.

â€œCEIBC member companies and partner organizations will be provided with preferences for participation in the work of the Exchangeâ€, T.Aliyev added.

This shall be a virtual exchange for running of bids, information exchange, and placement of catalogue of all oil-gas servicing companies operating in the Caspian region. All the companies which wish to enter the market will be able to apply services of this exchange. The advantage of this exchange will enable subscribers to get familiarized (in closed regime) with information about tenders announced both by state, private organizations and companies in the countries of the Caspian Region. Exchange shall contain information about products, raw materials, services which are offered by companies of oil-gas sector for companies of the oil-gas sector.

The major goal of the Exchange is the establishment of the working tool which will be able to thoroughly and qualitatively provide information exchange between companies, promote their dialogue, their cooperation opportunities, as well as successful sale of products and services presented by oil-gas companies.