Caspian Oil & Gas Exhibition

Caspian Oil & Gas Exhibition
Caspian Oil & Gas Exhibition
31/05/2017 - 03/06/2017
Phone: +971 (4) 458 99 00
Website:
Organizer: ITE Group Plc
Country Azerbaijan

 

Event Overview

Caspian Oil & Gas Exhibition is the biggest international oil and gas event in the Caucasus and one of the most significant one in CIS and Central Asia.  The event has become the traditional meeting place for the specialists of the oil and gas industry worldwide, serving as a striking example of industry achievements and of the amount of interest taken in projects implemented in the Caspian region. Event is visited local and foreign specialists and professionals.

History:

The Caspian region is one of the oldest hydrocarbon producing areas in the world. Azerbaijan has been linked with oil for centuries, even for millennia. By the 19th century Azerbaijan was by far the front-runner in the world’s oil and gas industry. Azerbaijan drilled its first oil well in 1820, and by the beginning of the 20th century the republic was producing more than half of the world’s supply of oil.

  • The proven oil resources of the Caspian region total 10 billion tonnes, 3 billion of which belong to the Azerbaijani sector of the Caspian Sea
  • The Caspian region’s proven and recoverable natural gas reserves are about 7% of the world’s reserves. The proven gas reserves of Azerbaijan total 2.6 trillion cubic metres
  • Caspian region’s distinctive role in contributing to the security of energy supplies to Europe and global energy security
  • Successful completion of the Azeri-Chirag-Guneshli (ACG) and Shah Deniz (SD) projects and the operation of Baku-Tbilisi-Ceyhan (BTC) oil pipeline and the South Caucasus gas pipeline (SCP)
  • Azerbaijan has a unique geographical location between Europe and Asia, due to which it has a significant role in the transportation of Caspian energy resources to the international market
  • Creation in the country of the biggest in the region complex of oil and gas processing and petrochemicals
  • The only oil and gas event of its kind in the region
  • Full support from the Government of Azerbaijan
  • Large trade missions from different countries
  • More than 20 sponsors
  • More than 600 delegates
  • More than 50 industry related presentations
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