ECONOMY
6th Caspian Oil & Gas Trading and Transportation Conference wraps up in Baku
Baku, October 16 (AZERTAC). The 6th Caspian Oil & Gas Trading and Transportation Conference has finished in Baku.
The conference was aimed at providing an insight into latest news in oil and gas industry, and exploring prospects for energy projects in the Caspian Sea.
The conference informed about the oil-gas reserves of the Caspian Sea countries, future projects to ensure gas supply to Europe, as well as Azerbaijan’s transit potential.
The participants also discussed the role of the Azerbaijani oil-gas projects in the development of East-West energy projects, application of new technologies in oil refinery, and the modernization of oil refineries in the Caspian Sea and the Middle East.
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