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Azerbaijan’s “Caspian
Oil&Gas 2016”, a Hub Connecting
East and West, for a Region
with Strong Prospects
Since 1994, Azerbaijan has been developing a robust
upstream oil & gas sector and has now set its sights on
downstream investments in refining and petrochemicals.
It is one of the places to be for plant engineering players
engaged in the hydrocarbon processing industry.
Tommaso Verani – Maire Tecnimont Group
as well as keeping up to date the oil & gas com-
munity on the international development plans and
cooperation initiatives to implement large-scale
projects in the decades to come.
This year the exhibition, sponsored by the State Oil
Company of the Republic of Azerbaijan (Socar) and
one of the major oil producing companies world-
wide, featured more than 300 companies from ap-
proximately 30 countries, out of which 70% were
global players. Pavilions for national stands were
reserved for the UK, Germany, Italy, China, Russia,
Partial view of the exhibition Caspian Oil & Gas 2016 (COG 2016), The Caspian Oil & Gas plays a
the international exhibition and con- pivoting role as a useful platform to
ference, the largest event in the en- demonstrate Azerbaijan’s oil potential
ergy sector in the Caspian Region, as well as keeping up to date the oil
took place from 1st to 4th June in & gas community on the international
Baku, Azerbaijan. At its 23nd edi- development plans and cooperation
tion, this industry meeting brings together senior initiatives to implement large-scale
level directors to discuss key oil and gas projects in
the Caspian region. projects in the decades to come
The participation of the President of Azerbaijan,
Ilham Aliyev, in the official opening ceremony to- Turkey and the Czech Republic, while the number
gether with several high ranking guests reinforced of companies from the CIS (Commonwealth of In-
the exhibition’s high status, giving sound evidence dependent States) and East Asia has significantly
of the significance of this event for the Azeri Gov- increased in comparison to the previous edition,
ernment and for the Caspian area as a whole. The as a result of the growing interest this exhibition
Caspian Oil & Gas plays a pivoting role as a useful has triggered globally. Each year, the event fea-
platform to demonstrate Azerbaijan’s oil potential tures new companies, and in this case it welcomed
those from Azerbaijan, Malaysia, the Czech Repub-
lic among other countries, while another newcomer
Impiantistica Italiana - Luglio-Agosto 2016 77
