Baku Energy Week: role of Azerbaijan in ensuring the energy security of a number of countries

Baku Energy Week: role of Azerbaijan in ensuring the energy security of a number of countries

3 june 2022 0000

Baku Energy Week ends on June 4; three major events were held within the framework of this Week - the 27th International Caspian Oil and Gas Exhibition, the 10th Anniversary Caspian International Energy and Renewable Energy Exhibition and the Baku Energy Forum.

The brand of Baku Energy Week, of course, has become a symbol of the most prestigious event in the oil and gas and energy sector of the Caspian region.

250 companies representing over thirty countries of the world took part in the exhibitions and the forum. The event was 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).

From the first days of its existence, the exhibition has been under 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, UK, Turkey and other countries sent congratulatory letters to the exhibition in connection with the many years of success.

Speaking at the opening ceremony of the Baku Energy Week, President of Azerbaijan Ilham Aliyev stressed the important role of Azerbaijan in ensuring the energy security of a number of countries. Annual International Exhibition and Conference "Caspian Oil and Gas" played an important role, attracted the attention of global energy players to Azerbaijan, the head of state noted.

- The energy infrastructure of Azerbaijan works without any failures, the President said in his speech. – Obviously, this demonstrates our predictability and reliability, and the fact that we can complete large-scale infrastructure projects that are technically and financially complex.

In this case, the words of the head of our state were clearly reflected in numerous expositions, in which the practical significance of scientific and technical developments successfully complemented the effect of modern innovations. The best ideas, projects, achievements were demonstrated by the majority of participants representing local and foreign companies accredited in Azerbaijan.

Among the exhibitors are such large companies as Schlumberger, Bos Shelf, Equinor, Gazprombank and other.

The status of the Baku Energy Week was confirmed by the names of its sponsors: ACWA Power, bp, Equinor, Turkiye Petrolleri, Microsoft, PASHA Bank, TotalEnergies, Azeri MI Drilling, AZFEN, Baku Steel Company and many others.

The traditional exhibition "Caspian Oil & Gas" brought together leaders of the energy industry from around the world, including government officials, ministers of energy and industrial departments, general secretaries and heads of leading international organizations.

As a part of the additional program of the Energy Week, bilateral business meetings (B2B) were traditionally held.

The 27th International "Caspian Oil & Gas" exhibition has become another major event of the energy sector of the Caspian region.

The companies showcased innovative technologies in the field of oil production and energy transportation, pilot projects in the field of renewable energy, oil and gas storage systems and services, as well as current and prospective oil and gas developments in the region and a number of other achievements.

The traditional exhibition “Caspian Power 2022”, as the only specialized event in the field of energy and renewable energy sources in the Caspian region, presented the latest proposals from the international and local companies in the development and use of energy and renewable energy sources.

Thus, the exhibitions and forum became a venue for a number of important meetings of the leading representatives of the energy industry, presented the latest technological products to the whole world, allowed establishing effective and mutually beneficial relations, and contributed to the signing of new promising agreements.