BAKU, Azerbaijan, June 1. This year's Baku Energy Week brings together key players in the global energy market and international companies for new cooperation in creating more sustainable and secure energy, President of Azerbaijan Ilham Aliyev said in a letter to the participants of the Baku Energy Week, Trend reports.
"The Baku Energy Week, the most prestigious event in the oil, gas sector and energy sector of the Caspian region, combines the 27th International Caspian Oil and Gas Exhibition, the 10th Anniversary Caspian International Energy and Alternative Energy Exhibition and the Baku Energy Forum, which is the successor to the Caspian Oil and Gas Conference.
The Baku Energy Week is being reorganized after a two-year break caused by the pandemic that the Azerbaijani government has been successfully fighting. Both live meetings and extensive dialogues involving the region’s industrial leaders add to the importance of the exhibition and forum. This year's Baku Energy Week brings together key players in the global energy market and international companies for new cooperation in creating more sustainable and secure energy.
It is commendable that issues such as de-carbonization, increasing green energy, as well as providing affordable and safe energy supply, which have become a global challenge, are high on the agenda of this week's Energy Week dialogue. At the same time, the Baku Energy Forum, while continuing the tradition of the Caspian Oil and Gas Conference which has gained the status of a major event in the energy sector, has expanded its agenda with new energy segments.
The challenges facing the world and the expected structural transformation in the global energy balance have raised issues for the region, such as increasing sustainable and clean energy capacity and identifying new energy routes. Taking this into account, Azerbaijan, one of the important players in ensuring global and regional energy security, implements sustainable projects, especially in the development of renewable energy, supports close integration with neighboring countries' energy systems, and maintains peace, stability and security in the region," the head of state said.