Azernews.Az

BAKU – Caspian Oil & Gas 2011 exhibition, the biggest oil and gas event in the Caspian region, will be held on June 7-10 at the Baku Expo Centre, according to its organizer, Iteca Caspian, British ITE Group PLC’s partner in the South Caucasus region.

Every year, the international oil and gas exhibition and conference bring together professionals and major players from the world’s oil sector.

This year’s exhibition expects over 300 companies from 28 countries, including representatives from the production and management of every area of the oil and gas industry, representatives of oil and petroleum products transportation, environmentalists and scientists. Over 40% of the exhibition space will be taken by globally known companies, most of which are regular exhibitors at Caspian Oil & Gas.

On the second day of the exhibition, June 8, the traditional Caspian Oil & Gas conference will begin at the Hyatt Regency hotel. It will cover a range of issues related to European energy security and Azerbaijan’s role in it, the country’s investment attractiveness, and the main areas of development of exploration and production in Azerbaijan.

Among the sponsors of the forthcoming exhibition are Azerbaijan’s state oil company Socar, Caspian Geophysical, Cross Caspian, Oil and Gas Logistics, BP, McDermott Caspian, Inpex, Conoco, OMV, RWE, Caspian Pipe Coatings and Nobel Oil. Thus the growth of the exhibition amounts to 25% compared to last year.