Industry and Energy

Home page

Industry and Energy

Caspian European Club and Caspian Energy International Media Group address to heads of Caspian states

23 January 2014 12:37 (UTC +04:00)

Baku – APA-Economics. Caspian European Club and Caspian Energy International Media Group addressed the heads of five Caspian states with a request to support the conduction of the first business summit: the Caspian Energy Summit that is going to be held within the framework of the Caspian Summit of the Presidents of the five Caspian states due in Astrakhan in autumn of 2014.

The first Caspian Energy Summit is planned to be conducted under the chairmanship of RF President Vladimir Putin. In future presidency in the Caspian Energy Summit will rotationally be passed to a country hosting the following Caspian Summit of the Heads of State.

Heads of State and Government of the EU countries, the management of the European Commission and leading trans-national world companies, that are the members of the Caspian European Club, also expressed an intention to participate in the Caspian Energy Summit in addition to the executives of the EU companies and the Caspian-Black Sea region countries.

Current joint projects of the Caspian state companies are proposed to be presented during the Caspian Energy Summit, including live discussion of possible new prospects for development of economic relations between the Caspian states in different economic branches (starting from energy right up to the agriculture), in particular development of the market of ideas and joint projects in the Caspian, opportunities for creation of practically operating business-friendly investment and taxation multilateral zones, market for attraction of new world technologies enabling to ensure the most rational consumption of Caspian resources as well as to maintain its ecosystem for future generations.

The summit is also aimed at discussion of development of environmentally friendly products of oil processing and petrochemical industry, development of geothermal and other alternative energy sources of the Caspian, new technologies for field development, operation of wells, construction of pipelines, introduction of innovations in the oil and non-oil sectors, development of financial-banking, insurance, leasing, telecommunication, tourism, machine-building, construction and other sectors of the non-oil industry, investment projects as well as business doing issues, setting of a business-to-government dialogue, etc.

Participating in the Caspian Energy Summit will also be representatives of diplomatic missions and missions of international organizations, heads of state-owned and private companies of the EU, Caspian-Black Sea and Baltic region countries.

It is also noteworthy that the Caspian Energy brand registered in over 50 countries of the world is marking its 15^th anniversary this year. The jubilee issue of the Caspian Energy journal is planned to be published on the occasion of this event.