The participation in the international exhibition (1-4 June) and Conference Caspian Oil & Gas-2016 has been confirmed by the Special Representative for Trade of the British Prime Minister Baroness Emma Nicholson and US Deputy Assistant Secretary of State for Energy Diplomacy Robin Dunnigan.
The exhibition, which is an annual range of activities with the support of the Ministry of Energy of Azerbaijan and SOCAR, is to be held in Baku from May 31 to June 6 inclusive. The organizers of the 23rd in a row exhibition Caspian Oil & Gas-2016 are the British ITE Group and its exclusive partner Iteca Caspian.
This year it will feature 247 companies from 30 countries of the world. The exhibition will feature sections, in particular for the development of oil and gas fields, construction and operation of wells, pipeline construction and transportation of hydrocarbons. --17D-
Economics
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
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