Caspian Energy Market Development to be Discussed in Baku

Confidence Energy Ltd. from the UK and the Azerbaijan State Oil Academy will conduct the first Caspian Oil Trade & Transport Conference in Baku on Apr. 23-24.

It will consider the fuel and energy transportation and international cooperation on the Caspian Sea.

The Azerbaijani Industry and Energy Ministry, the Kazakhstan Energy and Mineral Resources Ministry, and the US Chamber of Commerce in Azerbaijan are backing the conference.

A letter of recommendation signed by Mr. Kiinov, Vice-Minister of of Energy and Mineral Resources of RK has been sent to major oil companies of Kazakhstan.

Azerbaijan’s Industry and Energy Minister, Natig Aliyev will report about the Caspian Transport Infrastructure Development.

The conference will be divided into five sessions (Crude, product and gas markets of the Caspian region, Caspian Pipeline Transportation, Development of marine transport in the Caspian, Crude trading in the Caspian region and Improving efficiency of products export and trading).