Industry and Energy

Industry and Energy

More than 400 companies to join Caspian Oil & Gas Exhibition

28 April 2009 14:19 (UTC +04:00)

Baku. Rashad SÃ¼leymanov â€“ APA-Economics. The largest oil and gas exhibition and conference in the Caspian region, â€˜Caspian Oil and Gas Exhibition Incorporating Refining and Petrochemicalsâ€™ will take place from 2nd to 5th June in the Azerbaijani capital, Baku.

The exhibition is organised by the ITE Group and its partner in the Caucasus, Iteca Caspian, together with the Chamber of Commerce and Industry of the Azerbaijan Republic.

The exhibitionâ€™s guests include ministers and ambassadors from a range of countries as well as industry leaders. This year the exhibition expects to host over 400 companies from more than 30 countries. There are a large number of new companies appearing for the first time in the Azerbaijani market and this year they account for 20 per cent of the total exhibition area. More than 40 per cent will be occupied by major global brands from the energy sector. These include BP, Itochu, OMV Gas International GmbH, SOCAR, StatoilHydro ASA, Total, TPAO and many others. National groups from China, Germany and Russia will also be represented this year and they will be joined by a group from Belgium which has a national stand for the first time. The International Bank of Azerbaijan is the eventâ€™s platinum sponsor, SOCAR is the gold sponsor and other sponsors are EGL, OMV Gas and Power Gmbh, BP, Bank of Tokyo-Mitsubishi, BNHF (Baku Nobel Heritage Fund), Caspian Geophysical, Cross Caspian Oil and Gas Logistics LLC, EON Ruhrgas AG, RWE Dea, Salans, Statoilhydro, TAP (Trans Adriatic Pipeline), Total and Volgaburmash.

Many local companies also participate at Caspian Oil & Gas. These include Cross Caspian Oil & Gas Logistics, Azmeco Azerbaijan Metanol, Azerenergi JSC, Azerchimya State Company, BP Azerbaijan, Azerpipe JSC, Azfen, Azel, Ekol Engineering Services, Alkan Ltd â€“ and many more. The interest and direct participation of the domestic oil and gas community reflects well on the quality of the exhibition and boosts the commercial development of the region.

More than 250 companies from 22 different countries have already registered to take part in the Caspian Oil and Gas Exhibition, including companies from the Czech Republic, France, Georgia, the USA, Germany, Great Britain, India, Switzerland, Iran, Italy, Japan, Austria, Kazakhstan, Norway, Russia, Turkey, The UAE, Ukraine and etc.

The exhibition is complemented by the 16th International Conference â€˜Caspian Oil and Gas Exhibition Incorporating Refining and Petrochemicalsâ€™ which will be held from 3rd to 4th June in the Hyatt Regency Hotel conference centre. Over 500 delegates from more than 30 countries are expected to attend. Invited speakers include ministers for the sector from Azerbaijan, Russia, Turkey, Georgia, Iran, Italy, Greece and elsewhere, and representatives of international and European energy agencies. The conference programme covers a whole raft of different proposals on the transport of Azerbaijani gas and oil and the prospects for pipelines to transport Caspian energy resources to the world market. Considerable attention will be paid to the prospects for surveying and extracting in the Azerbaijani sector of the Caspian Sea and for investment in the oil and gas sector of Azerbaijan. Azerbaijan is very important for Europe as a supplier of oil and gas. The second day of the conference will be devoted entirely to diversification of Energy Supplies to Europe.

For many years now the Caspian Oil & Gas exhibition and conference has brought together in one place specialists and major players in the regionâ€™s oil and gas sector. The event reflects the national policies that have helped Azerbaijan to play a huge role in building an East-West corridor for oil and gas. The exhibition and conference is a respected business forum and many companies time the unveiling of new products to harness the visitor and media interest that the event attracts. It is an important place for discussion, debate and promoting products and services. Every effort is made to ensure that Caspian Oil & Gas strengths business relationships and provides impetus to the economic development of the nation.