On June 1, the Baku Energy Week uniting three major events - the 27th International Caspian Oil and Gas Exhibition, the 10th Anniversary Caspian International Energy and Renewable Energy Exhibition and the Baku Energy Forum began in the capital of Azerbaijan. The event is organized by Iteca Caspian and its international partners.
President of Azerbaijan Ilham Aliyev spoke at the official opening ceremony of the exhibition.
Baku Energy Week is the most prestigious event in the oil and gas and energy sector of the Caspian region. This year, 250 companies from 31 countries of the world take part in the exhibitions and the forum. The event is traditionally held with the support of the Ministry of Energy of the Republic of Azerbaijan and the State Oil Company of the Republic of Azerbaijan (SOCAR).
The 27th International Caspian Oil and Gas Exhibition is the largest event in the energy sector of the Caspian region. Caspian Oil & Gas Exhibition is the first exhibition held since the independence of the Republic of Azerbaijan. The Caspian Oil and Gas Exhibition is a well-known event in the region's oil and gas industry, as well as an international platform that annually gathers top executives to discuss key oil and gas projects in the Caspian region and ensure energy security.
The initiative to hold the Caspian Oil and Gas exhibition was supported by national leader Heydar Aliyev. Since then, the Caspian Oil and Gas exhibition has been a meeting place for leading experts in the oil and gas and energy sectors, where memorandums and agreements on future cooperation were signed. From the first days of its existence, the exhibition has been under the close attention of the republican leadership. The annual participation of the President of the Republic of Azerbaijan Ilham Aliyev in the opening ceremony once again confirms the high status of the exhibition. The leaders of the USA, Great Britain, Turkey and other countries sent congratulatory letters to the exhibition in connection with its long-standing success.
The national pavilions of Germany, Russia and Romania take part in the exhibition. This year's innovations include renewable energy pilot projects, a green energy zone, offshore wind potential, Memorandums, green hydrogen and export issues.
The companies demonstrate innovative technologies in the field of oil production and energy transportation, storage of oil and gas systems and services, as well as current and prospective oil and gas projects in the region and a number of other achievements.
This year the Caspian International "Power and Renewable Energy" Exhibition celebrates its 10th anniversary. The traditional Caspian Power 2022 exhibition, which is the only specialized event in the field of energy and renewable energy sources in the Caspian region, started at the same venue as the “Caspian Oil and Gas” Exhibition. The exhibition will present the latest proposals of international and local companies in the field of development and use of energy and renewable energy sources. Opportunities for cooperation in the field of investments in renewable energy and joint projects to provide the liberated territories in Karabakh with "green energy" will expand.
Thus, the exhibitions and forum will provide a unique opportunity to meet with leading representatives of the energy industry, see the latest technological products, build new effective and mutually beneficial relationships and expand existing ones, as well as sign new promising agreements.