BAKU, Azerbaijan, June 4, 2013 /PRNewswire/ --
The largest oil and gas event in the Caspian Region, the Caspian Oil & Gas Exhibition and Conference, takes place from 4 to 7 June 2013, marking its 20th anniversary. Every year, the event attracts oil and gas industry leaders from around the world whose attention is fixed on Azerbaijan. Caspian Oil & Gas this year takes place on a significant date - the 90th anniversary of the birth of Azerbaijan's National Leader, Heydar Aliyev, who founded the exhibition and was the inspiration behind its concept. The first exhibition was held in 1994 on the eve of the signing of the Contract of the Century, an agreement which defined the main development areas for the Caspian Basin's hydrocarbon resources.
The high profile of Caspian Oil & Gas is emphasised by participation in its opening ceremony from the President of Azerbaijan, Ilham Aliyev. The Ministry of Industry and Energy of the Republic of Azerbaijan and SOCAR both provide invaluable support to the event. VIP guests at Caspian Oil & Gas 2013 include the Georgian Ministry of Energy Kakha Kaladze; Charles Hendry, UK Trade Envoy for Azerbaijan, UK Foreign Office; Gunnar Oom, State Secretary of the Swedish Ministry of Trade; Urban Rusnak, Secretary General, Energy Charter; Annageldi Mammetyazov, Deputy Minister of Petroleum Industry and Natural Resources of Turkmenistan; and others.
This 20th anniversary edition of Caspian Oil & Gas brings together 386 companies from 28 countries, including oil and gas field developers and service providers. The exhibition is based in three pavilions of the Baku Expo Center and an outdoor space next to the complex. Germany, China, Russia, Turkey and the UK will present national groups. The event's status is confirmed by the number of companies sponsoring the exhibition. The General Sponsor of Caspian Oil & Gas 2013 is SOCAR, the Gold Sponsors are BP Azerbaijan and Statoil.
Compared to last year, exhibition space has grown by 22% and total exhibitor numbers by 25%. 20% of exhibitors are companies that have never come to Azerbaijan's market before, which shows the continued interest in the event, and the annual increase in the share of local companies, which this year make up 30% of all exhibitors, is an encouraging factor and a major achievement.
Caspian Oil & Gas is organised by ITE Group and Iteca Caspian.
SOURCE Iteca Caspian LLC