The 16th International “Caspian Oil & Gas 2009” Exhibition and Conference was held in Baku on June 2-5th. Despite the ongoing worldwide economic crunch, about 300 companies represented 22 countries were taking part in the four-day event and about 500 delegates from Korea, Greece, France, Germany, Italy, Norway, Great Britain, USA and other states were present. The number of visitors of The Caspian Oil and Gas Exhibition2009 annually reaches over 10.000 trading visitors from 56 countries. The Caspian Oil & Gas Exhibition 2009, devoted to the oil and gas processing industry, is the largest in the Asia region.
The first exhibition was held in 1994, in order to tell the world more about Azerbaijan. The solemn opening of the first “Caspian Oil & Gas” exhibition and conference took place in May, 1994, shortly before significant signing of “The Contract of the century”, the large-scale development of which defined the basic direction of hydrocarbonic resources of the Caspian Sea and opened a new epoch in the history of oil.
The oil and gas processing complex is one of the leaders in the country, therefore the exhibition was held completely with the support of the government of Azerbaijan, Azerbaijan Ministry of Industry and Energy, SOCAR, as well as Iteca Caspian, the regional partner of British ITE Group PLC, and number of other companies representing countries around the world.
President of Azerbaijan Republic Ilham Aliev at the opening ceremony of the XVI International Caspian Oil, Gas, Oil Refining, Oil Chemistry Exhibition and Conference underscored Azerbaijan’s growing importance on the world stage as a producer of hydrocarbon resources and transit country as world energy giants gathered in Baku for an annual oil and gas show. He noted that, if the issue of selling hydrocarbons is being considered, a fair price should be offered. If transit of energy resources is being discussed, these relations should dwell upon existing international practices. Georgia was represented at the conference on prime minister level.
“We have been cooperating for decades. Today, such projects as Baku – Supsa, Baku – Tbilisi - Ceyhan, Baku-Tbilisi-Erzurum, Kulevi and Batumi Oil Terminals are functioning successfully, and this is not an upper limit. Owing to abounding hydrocarbon reserves, Azerbaijan is becoming an important country in terms of provision of energy security in the region”, said in his speech at the conference Nika Gilauri , Georgia’s Prime Minister.
The Kulevi Oil Terminal attracted much attention of visitors because it was the first participation at the traditionally “The Caspian Oil & Gas Exhibition and Conference”. The Kulevi Oil Terminal was represented at the Conference by General Director Mr. Karim Guliyev and Department Manager Mr. Jani Katamadze. The other members of Kulevi Terminal delegation were Murad Alkhazov, Adelina Mamedova and Imran Eyvazov.