Baku, July 12, AZERTAC

The 8th International Caspian Energy Forum 2018 will be held on November 30 in Prague. Over 300 delegates from 17 countries of the world will attend the Forum, First Deputy Chairman and Chief Executive Officer of the Caspian European Club Telman Aliyev has told AZERTAC.

Caspian Energy Forum Praque 2018 will be held with the support of the Azerbaijani embassy to the Czech Republic and the Caspian European Club.

“Heads of ministries, European public and business structures, representatives of the European Commission, public and trans-national companies, international financial institutes, leading analytical centers, investment companies and rating agencies, as well as representatives of diplomatic and international missions accredited in the Czech Republic are among the delegates of the “Caspian Energy Forum Prague 2018”, Telman Aliyev said.

Azerbaijani Ambassador to the Czech Republic Farid Shafiyev hailed the conduction of the Caspian Energy Forum Prague 2018, stressing that Azerbaijan is now playing a big role in ensuring energy security of Europe. He noted that over many years, Czech Republic and Azerbaijan have established a tight bilateral cooperation not only in the oil but also in the non-oil sector. Ambassador Farid Shafiyev expressed hope that this forum would contribute to much higher increase of goods turnover, establishment of contacts between entrepreneurs, attraction of investments and creation of new enterprises.

He noted that Caspian Energy Forum is held several times a year in the countries of the Caspian-Black Sea and Baltic regions, and is a traditional ground creating favourable conditions to enhance a business-to-government dialogue, to establish tight contacts between the oil and non-oil sector companies, to arrange meetings between transnational companies and small/medium business representatives, as well as arrange meetings of investors, experts and analysts interested in global cooperation of business.

Telman Aliyev added that the program of the forum, detailed information about conditions of participation and registration are available at http://www.caspianenergyforum.com.

The Caspian European Club was established in June 2002 with the support of the largest oil and gas companies working in the Caspian-Black Sea region. The Caspian American Club (established on 24 December 2016) and Caspian Asian Club (26 January 2018) will be managed by the Members of the Board of the Caspian European Club for two years. All companies that join the Caspian European Club as members get an automatic membership within the Caspian American Club, Caspian Asian Club and vice-versa.

Since the very establishment the Caspian European Club has promoted attraction of revenues from the oil industry towards the development of the non-oil sector. The Caspian European Club, Caspian American Club and Caspian Asian Club, which bring together more than 5,000 member companies and organizations, operate in 70 countries around the world and make proactive efforts to support a dialogue between the government agencies and the private sector.

President of Azerbaijan Ilham Aliyev is the Chairman of the Caspian European Club, Caspian American Club and Caspian Asian Club.

Apart from that, a special issue of the Caspian Energy journal, timed to coincide with the date of conduction of Caspian Energy Forum Prague - 2018, will be published as well.

Caspian Energy is distributed in the 70 countries of the world. For 19 years the journal has been publishing interviews of Presidents and Prime Ministers of different countries of the world, as well as heads of authoritative international organizations, big transnational companies, reviews and analytical materials of leading experts.

According to various estimates, Caspian Energy is ranked among the top five leading journals of the Caspian-Black Sea and Baltic regions, and serves as a guideline for many investors when considering the line of activity in the Caspian-Black Sea and Baltic regions.