Caspian Oil and Gas, Refining and Petrochemicals Exhibition grows by 15 percent

Azerbaijan, Baku, June 4 / Trend E.Ismayilov /

This year's Caspian Oil and Gas, Refining and Petrochemicals Exhibition has grown by 15 percent, ITE Group Plc Director on the Caspian region Edward Strachan told reporters on Monday. The exhibition will be held in Baku Expo Center from June 5 to 8.

Exhibition is organized by the British ITE Group and its partner - Iteca Caspian.

He said the exhibition will be the largest in the country in oil and gas sector.

"In particular, this year's exhibition will be attended by approximately 40 new companies," Strachan said.

He said about half of the exhibitors are its permanent members. Foreign participants occupy 59 percent of the exposition, and the rest falls to the local producers and local representative offices of foreign companies.

In total, the exhibition will bring together 304 companies from 35 countries worldwide. National groups of Great Britain, Germany, China, Russia and Turkey will also attend the exhibition. The number of companies from the CIS countries, Europe and East Asia increased. For the first time the exhibition will be attended by companies from Vietnam.

As part of the oil and gas exhibition in Baku the 19th International Conference "Oil and Gas, Refining and Petrochemicals" will also be held. The conference, which will begin work on the second day of the exhibition (June 6), will bring together over 500 delegates, which is a testament to the growing interest in oil and gas sector of Azerbaijan.

The main themes of the conference will be questions of the "golden age" of the Caspian region, oil refining, gas processing and petrochemical production, supply of energy to world markets, exploration and production in Azerbaijan and other issues.

Strachan said a special place in the exhibition and conference will be devoted to a grand project of creating in Azerbaijan by the State Oil Company of Azerbaijan (SOCAR) of a new complex of oil and gas processing and production of petrochemical products.

As part of oil and gas exhibition in Baku Expo Center, there will be also the only specialized event in the Caspian region to demonstrate the achievements in the field of power industry Caspian Power 2012 - the second Caspian International Exhibition "Energy and alternative energy."

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