Strong relationship established between Azerbaijan and Great Britain

  03 June 2014    Read: 696
Strong relationship established between Azerbaijan and Great Britain
Strong relationship was established between Azerbaijan and Great Britain, British Prime Minister David Cameron said on the occasion of opening the 21st Caspian Oil and Gas Exhibition and Conference in Baku on June 3.
Cameron was not present at the exhibition, but sent a message, which said he was proud of the "strong relationship between Azerbaijan and the United Kingdom".

"Commercial links are the major foundation of the relationship with UK companies like BP, being the larger source of foreign direct investments especially in the oil and gas sector," Cameron`s message said.

The 21st Caspian International Oil & Gas Exhibition, the largest event in the energy sector of the Caspian region, is taking place between June 3 and June 6 at the Baku Expo Center.

Every year, Caspian International Oil & Gas Exhibition gathers leading specialists and leading enterprises in the oil and gas industry to demonstrate advanced technologies for the extraction and processing of oil and gas, transportation and logistics, as well as industry related services.

The exhibition offers an opportunity to discuss trends in the development of the oil and gas market, potential prospects for cooperation in the Caspian region and the development of solutions for energy security issues around the world.

Some 402 companies from 29 countries present their products and services at the exhibition. Famous companies from around the world attend the exhibition. These companies include those which were involved in the Contract of the Century - State Oil Company of Azerbaijan Republic (SOCAR), BP, Statoil, OMV, TPAO, Lukoil and many others.

Local companies comprise 35 percent of the total number of exhibitors, while the total growth of the exhibition has reached 10 percent.

The four day exhibition will also feature a substantial business program. Over 500 delegates from more than 30 countries will take part in the annual conference.

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