The Annual Caspian Technical Conference and Exhibition SPE to be held in Baku on November 4-6, 2015.
The conference includes three panel sessions with participation of international specialists to discuss the most urgent issues, problems and possibilities of the oil and gas industry of the Caspian region.
The conference will be held through the partnership with SOCAR and BP acts as a host party. The following companies act as sponsors - Baker Hughes, Caspian Geophysical, Chevron, ENGIE, ExxonMobil, Halliburton, INPEX, Nobel Oil, Petronas, Schlumberger, Statoil, TCO and Total.
“Caspian region has all the possibilities to act as the main supplier of natural gas to Turkey and Europe and favorable and stable geopolitical situation in the region guarantees safety of export,” believes the Society of Petroleum Engineers (SPE), which organizes the conference and exhibition.
The wide-scale oil and gas projects with various types of risks, such as technical risks, risks of implementation and risks related to fulfillment or failure to fulfill commitments, will be discussed.—0—
Economics
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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