The President of the Republic Of Azerbaijan to the participants of the 19th Caspian Oil & Gas04.06.2012 16:25
I would like to welcome you to the opening ceremony of the 19th International Caspian Oil & Gas Exhibition and Conference Incorporating Refining and Petrochemicals, and I would like to wish you every success in your business.
The foundations for this prestigious and traditional event were laid in 1994, to coincide with the new Oil Policy declared by our National Leader Heydar Aliyev. Since then, this series of important exhibitions and conferences, held in Baku, has played a significant role in the implementation of strategic projects either initiated by our country or in which Azerbaijan has actively participated. It also presents attractive initiatives to the international business community, accelerates our integration into the world economy, and helps to establish global partnerships.
Currently Azerbaijan is recognised as a reliable energy carrier in Eurasia due to its strong infrastructure and extensive network of oil and gas pipelines, and as a powerful investor in foreign markets.
One further major project initiated by our country is the establishment of an Oil and Gas Processing and Petrochemical Complex (OG PC), conforming to modern standards. This large-scale project will create extensive opportunities for co-operation and significantly increase our export potential by taking the
quality of Azerbaijan’s oil and gas processing industry to a new level.
This year’s exhibition and conference will host more than 300 companies from over 30 countries worldwide. I am confident that this year’s event will also make a valuable contribution to the expansion of mutually beneficial co-operation and to the establishment of long-term development trends.