caspian oil & gas, incorporating refining …. rukhsara liberman head of sales of oil and gas...

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CASPIAN OIL & GAS, INCORPORATING REFINING AND PETROCHEMICALS EXHIBITION&CONFERENCE 2009 POST SHOW REPORT The 16 th International “Caspian Oil and Gas, Refining and Petrochemicals 2009” Exhibition June 2-5, 2009, Heydar Aliyev Sport and Exhibition Complex Again, as it had been expected, the attention of the world oil and gas industry on June 2-5 was pinned to the major event in the field of Oil and Gas, Refining and Petrochemicals in the Caspian region. The exhibition was held under the patronage of the President of the Azerbaijan Republic, HE Ilham Aliyev who personally participated in the opening ceremony on June 2. In his welcoming speech, the President of Azerbaijan said: The first exhibition was held in 1994 to tell the world more about Azerbaijan. I can say that the exhibition has played a very important role in the development of the oil and gas sector in Azerbaijan and attraction of large-scaled investment. Not without a reason, the “Contract of the Century” which nowadays largely determines the capacity for Azerbaijan’s long-term development was signed after the first exhibition. Signing of the contract of the century was a historical event. For the first time the Caspian sea was opened for foreign investors, large-scaled investments were made and Azerbaijan started cooperation with international companies of global scale.

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Page 1: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

CASPIAN OIL & GAS, INCORPORATING REFINING AND PETROCHEMICALS EXHIBITION&CONFERENCE 2009

POST SHOW REPORT The 16th International “Caspian Oil and Gas, Refining and Petrochemicals 2009” Exhibition

June 2-5, 2009, Heydar Aliyev Sport and Exhibition Complex

Again, as it had been expected, the attention of the world oil and gas industry on June 2-5 was pinned to the major event in the field of Oil and Gas, Refining and Petrochemicals in the Caspian region. The exhibition was held under the patronage of the President of the Azerbaijan Republic, HE Ilham Aliyev who personally participated in the opening ceremony on June 2. In his welcoming speech, the President of Azerbaijan said: The first exhibition was held in 1994 to tell the world more about Azerbaijan. I can say that the exhibition has played a very important role in the development of the oil and gas sector in Azerbaijan and attraction of large-scaled investment. Not without a reason, the “Contract of the Century” which nowadays largely determines the capacity for Azerbaijan’s long-term development was signed after the first exhibition. Signing of the contract of the century was a historical event. For the first time the Caspian sea was opened for foreign investors, large-scaled investments were made and Azerbaijan started cooperation with international companies of global scale.

Page 2: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

Owing to this contract we are nowadays witnessing the dynamic development of the oil and gas

sector in Azerbaijan. However, the significance of the contract and future steps is not confined to economic indicators only. It helped Azerbaijan and domestic companies to establish relations with companies distinguished at the global level and world scale. This helped us to work productively with international financial structures and increase Azerbaijan’s credit rating.

We have three oil pipelines, two of which lead to the Black sea and one – to the Mediterranean. We have four gas pipelines: one of them is Baku-Tbilisi-Erzurum, while the others link Azerbaijan to the neighboring countries. All the pipelines are operating. Azerbaijan is capable of exporting oil and gas in every direction.

This year oil production in Azerbaijan will exceed 50 million tons. Next year the figure will exceed 60 million. The oil and gas fields discovered in Azerbaijan will continue for many years, at least for a century, to provide our country with hydrocarbons and ensure our exporting capacity. Azerbaijan is ready to participate on acceptable terms in different gas projects which are the topic of discussions today.

The exhibition and conference was held with official support of the Ministry of Industry and Energy and the State Oil Company of the Azerbaijan Republic. The organisers of the event are the International Exhibition company ITE Group PLC, its partners Iteca Caspian LLC (Azerbaijan), ITE Moscow LLC (Russia), GIMA (Germany), EUF (Turkey) and ITE Gulf FZ LLC(UAE),. The co-organizers of the event are the Chamber of Commerce and Industry of the Azerbaijan Republic.

Platinum sponsor of the exhibition was: IBAR Gold sponsor of the exhibition was: SOCAR

The sponsors of the exhibition and conference are the : BP, Bank of Tokyo-Mitsubishi, BNHF, Caspian

Geophysical, Cross Caspian Oil and Gas Logistics LLC, EON, RWE, Salans, Statoilhydro, TAP, Total, Volgaburmash companies. This year the Sports-Exhibition complex named after Heydar Aliyev has attracted 260 companies from 22 countries. Interestingly, 22% of the participants were taking part in the exhibition for the first time and have made their first steps in the Azerbaijan market through this event. The pavilions for national groups were reserved by Germany and China. 70% of the participants were the world’s famous companies. Among the participants of the of the exhibition were Turkiye Petrolleri A.O., Georgian International Oil Corparation (GOGC), Japan Oil, Gas and Metals National Corporation and etc. The number of Azerbaijan companies participating in the exhibition increased as well. 38% of the exhibitors were local companies and

Page 3: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

producers from Azerbaijan; 25% of exhibitors were from CIS countries and 62% were companies from the far abroad and their local representatives in Azerbaijan.

“Caspian Oil and Gas, Refining and Petrochemicals 2009” has attracted such companies as BP; OMV GAS INTERNATIONAL GMBH; RWE; TEKFEN-AZFEN; CHINA PETROLEUM TECHNOLOGY & DEVELOPMENT CORPORATION (CPTDC); AZERI MI DRILLING FLUIDS LTD; VBM-GROUP; STATOILHYDRO; FACET DEUTSCHLAND GMBH;CROSS CASPIAN OIL AND GAS LOGISTICS LLC; SAIPEM ENI; TMK; PETKIM PETROKIMYA HOLDING A.S.; CASPIAN GEOPHYSICAL JV LLC; TOTAL and many others. Among those present also were representatives of state structures such as SOCAR, Azerkimya, Azneftkimyamash, Azerigas, Azerbaijan State Oil Academy, Azerbaijan State Academy of Sciences, Georgian Oil and Gas Corporation and Azerbaijan Republic National Confederation of Entrepreneur Organizations. The exhibition occupied the three pavilions of the complex. The sectors of the exhibition included: Development of oil and gas fields; Geophysics and geology; Construction of and production from oil and gas fields; Platforms and floating drilling rigs; Design, production and technical maintenance of equipment for gas fields; Processing of oil and gas products and petrochemicals; Transportation of hydrocarbons; Construction and assembly of operators in the energy sector; Provision of oil storing systems; Production of special machinery, general active and backing elements and spare parts for technical maintenance; Energy, etc. The 16th International “Caspian Oil and Gas, Refining and Petrochemicals 2009” Conference was held in the framework of the exhibition in the Conference Center of the HYATT Regency Hotel on June 3-4, 2009. The two-day conference was dedicated to the Caspian Basin’s Reserves: Exploration, Production and Investments and Diversification of Energy Supplies to Europe. The conference touched upon many important problems such as The Role of Caspian Region in providing Energy Security; The Outlook of Exploration & Production in the Caspian Sea Region; Investing in Azerbaijan’s oil and gas sector. International Cooperation; Southern Gas Corridor: Transporting Caspian Oil and Gas Resources to the Global Market; International Transportation Projects in the Caspian Region; Interactive Panel discussion: The South Caspian - Azerbaijan, Iran, Turkmenistan: future perspectives on regional cooperation and hydrocarbon exports. Approximately 400 delegates from 26 world countries have taken part in the conference. About 40 speakers including VIP persons spoke at the conference with report. Most of the official publication was published for the exhibition and conference including the official exhibition catalogue, official conference materials and daily newspapers of the Caspian Oil and Gas Exhibition “Daily News” which interactively reflected the events of the exhibition and conference.

Page 4: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

PRESS CONFERENCE

The Press Conference dedicated to the 16th Anniversary International “Caspian Oil and Gas, Refining and Petrochemicals 2009” Exhibition and Conference was held in the International Press Center. The press conference was held with participation of: Mr. Mehman Ahmadov Vice president of the AR Chamber of Commerce and Industry Mr. Edward Strachan Regional Director for Caucasus and Middle Asia of ITE Group PLC Ms. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar Muradkhanli Caspian Oil and Gas Conference Manager Ms. Mehriban Bakhshiyeva Advertisement Manager The Press-Conference was attended by over 59 correspondents from 58 Mass Media Newspapers and Magazines: 1 Azerbaijan Neft Tesserufati, newspaper Azerbaijan 2 Azerbaijan, newspaper Azerbaijan 3 Azerbaijanskiye Izvestiya Azerbaijan 4 Bizim Yol Azerbaijan 5 Caspian Business News, newspaper Azerbaijan6 Express, newspaper Azerbaijan 7 Iki Sahil, newspaper Azerbaijan 8 Kaspi, newspaper Azerbaijan 9 Respublika, newspaper Azerbaijan

10 Khalg gazeti, newspaper Azerbaijan 11 Neft Rossii Russia 12 LitNefteGas Russia 13 Pilleler, newspaper Azerbaijan 14 Yeni Azerbaijan Azerbaijan 15 Vishka, newspaper Azerbaijan 16 The Business Times Azerbaijan 17 Baki Zaman Azerbaijan

Page 5: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

Information Agencies and Portals

1 SIA Azerbaijan 2 Azeri-Press Information Agency (APA) Azerbaijan 3 AzerTaj Azerbaijan 4 AzerTaj, photo chronicle Azerbaijan 5 Fineko Azerbaijan 6 Interfax Azerbaijan Information Agency Azerbaijan 7 1 news.az Azerbaijan 8 Turan News Agency Azerbaijan 9 AzerPress Azerbaijan

10 Anspress.com Azerbaijan

TV и Radio

1 ANS TV Azerbaijan 2 Khezer TV Azerbaijan 3 Ictimai TV Azerbaijan 4 Lider TV Azerbaijan 5 Space TV Azerbaijan 6 AzTV Azerbaijan 7 ATV Azerbaijan 8 Mir TV CIS Articles about the exhibition were published in 138 newspapers, 4 journals and 119 Internet pages. Exhibition Advertisements were broadcasted in all TV channels and printed in daily newspapers. OPENING CEREMONY

Page 6: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

At the officila opening ceremony among the speakers there were: - His Excellency Ilham Aliyev, President of the Republic of Azerbaijan - Sir Andrew Wood GCMG, Senior Advisor, ITE Group Plc Speakers among the official representatives of Foreign Countries:

- Mr. Nika Gilauri, Prime Minister of Georgia - Mr. Richard Morningstar, U.S. Special Envoy for Eurasian Energy - His Royal Highness The Duke of York, the United Kingdom’s Special Representative for International Trade and Investment - Mr. Yusuf Yazar, Deputy Minister of Energy and Natural Resources of Turkey - Mr. Robin Kass, State Secretary of the Norwegian Ministry of Petroleum and Energy POST SHOW FACTS PARTICIPANTS: 260 companies FOREIGN PARTICIPANTS: 134 LOCAL PARTICIPANTS: 126 PARTICIPANT COUNTRIES: 22 VISITORS: 9569 VISITS: 13142 DELEGATES TO THE CONFERENCE: approximately 400 CONFERENCE SPEAKERS: approximately 40 NATIONAL GROUPS: Germany, Russia, China NEW PARTICIPANTS 22% of companies exhibited for the first time OFFICIAL SUPPORT: SOCAR and Ministry of Industry and Energy

Taking this opportunity the organizational committee would like to once again thank the sponsors and participants of the “Caspian Oil and Gas, Refining and Petrochemicals 2009” for invaluable support to the

project Platinum Sponsor:

Gold Sponsor:

Page 7: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

Silver Sponsor:

Bronze Sponsor:

LIST OF MAIN COG 2009 EXHIBITORS: ABO VALVE ACKERMANN (STAND-SHARER FROM OBO) AIR ASTANA AIV GROUP ALKAN LTD ALLIED INTERNATIONAL S.R.L.

AMA INDUSTRIAL AMCHAM ANGLO-AZERBAIJANI SOCIETY ANN’S PEAT SPA INC ASTRA TRAVEL AGENCY – CZECH INCOMING SPA TOUR OPERATOR

Page 8: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

ATLAS DIBA FOR TECO WESTINGHOUSE ATR GROUP AUTOLUCKS-SERVICE AVTONEGLIYYATSERVISE DEPARTMENT AZ PREMIUM ENGINEERING LTD AZEL AZERBAIJAN STATE OIL ACADEMY AZERBAIJAN STATE RAILWAYS AZERBAIJAN STATE CASPIAN MARINE SERVICES AZERCHİMYA STATE COMPANY AZERENERJI JSC AZERI MI DRILLING FLUIDS AZERIQAZ AZERPIPE JSC AZƏRYOLSERVIS ASC AZFEN-TEKFEN AZMECO AZERBAIJAN METANOL COMPANY AZNEFTKIMYAMASH BAMAG GMBH BEIJING MAINTOP INTERNATIONAL EXHIBITION BELDEN CIS "BIO-TEK ENVIROMENTAL TECHNOLOGIES CONSULTANCY IMPORT AND EXPORT MARKETING LTD. CO. BITTEKHNIKA, LLC BLACK SEA TERMINAL BLUE WATER SHIPPING CASPIAN LTD BMWI BOHEMIA LAZNE BOTAS BP AZERBAIJAN BRIGGS MARINE ENVIROMENTAL SERVICES BRUDER MANNESMANN WERKZEUGE GMBH BURINTEKH SPE, LTD CAMERON PETROLEUM EQUIPMENT CAPE PCH CASPIAN DRILLING COMPANY CASPIAN MARINE SERVICES (UK) LIMITED CHAUDHRY HAMMER WORKS LTD. CHETRA CHINA PETROLEUM CHTPZ GROUP, CJSC CROSS CASPIAN OIL & GAS LOGISTICS CZECHTOURISM DENIZKALA EKOL ENGINEERING SERVICES EMERSON ESCORT, LLC ETD EUROPEAN TECHNOLOGY DEVELOPMENT S.R.L. EXPRESS

FACET DEUTSCHLAND GMBH FARINEH MACHINE FORNOVO GALPERTI ENGINEERING AND FLOW CONTROL S.P.A. GLOBAL INSULATOR GROUP GOGC GRANDHOTEL PUPP HECONA (STAND-SHARER FROM JUMO) HEINZMANN HOERBIGER HOLCIM WHITE LTD HONEYWELL HONGHUA GROUP LIMITED IES SRL INPEX CORPORATION IRANIAN OFFSHORE ENGINEERING AND CONSTRUCTION COMPANY (IOEC) JUMO KANEX LG AVTOMATIKA LILIN MACHINERY GROUP CO., LTD. M.E.P.- PELLEGRINI MARINE EQUIPMENT MAGNITOGORSK IRON AND STEEL WORKS, OJSC MAN FERROSTAAL PIPING SUPPLY GMBH MARIENBAD KUR & SPA HOTELS MEKE MARINE ENVIRONMENTAL PROTECTION SERVICES LTD METSO MINGECHEVIR IZOLIT ASC MINISTRY OF ENERGY OF THE RUSSIAN FEDERATION MINISTRY OF TAXES MINISTRY OF TRANSPORT MOTOVILIKHINSKIYE ZAVODY, TRADE HOUSE MSP/ DRILEX NAFFCO NATIONAL ACADEMY NATIONAL IRANIAN GAS COMPANY (NIGC) NEXANS AZERBAIJAN NOBEL OIL NOVOMET-PERM OBO BETTERMANN OILMAN RIG CO., LTD OMK, JSC OMV GAS & POWER GMBH OSBORN OZBAL STEEL PIPE OZNA PANYU CHUKKONG STEELPIPE PDL

Page 9: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

PETKIM PETROKIMYA HOLDING A.S. PEYSANG RG ROSMASHEXPORT( NEFTEPROMMASH) ROSTRANSMASH TRADE, LLC ROTORK CONTROLS LTD RUMO, JSC RUSSIAN MARITIME REGISTER OF SHIPPING RWE DEA HH SAFTEX LIMITED COMPANY SAHIBKARLAR KONFIDERASIYASI SAIPEM ENI SAMGAT BROTHERS ( SHANDONG RONGLI) SAMSON SANTRAL ELECTRIC LTD ( DELTA ) SETAREH KAMYARAN SEVERODONETSK CHEMICAL UNSTANDARDIZED EQUIPMENT PLANT, OJSC SHANDONG KERUI SILK WAY HOLDING SOCAR SOYUZELECTROAVTOMATIKA, JSC SPECILTY PROCESS EQUIPMENT CORPORATION

STATOILHYDRO ASA SWAGELOK LONDON TH. JANSEN-ARMATUREN TIANJIN UNITED STEELPIPE TMK TRADE HOUSE TOTAL S.A. TRACECA TRANS GAFGAZ TRANSPORT LLC TRANSOIL MMC TURKIYYE PETROLLERI TPAO TYAZHPRESSMASH URALMASH MACHINE-BUILDING CORPORATION URALTERMOSVAR, JSC US EMBASSY BAKU COMMERCIAL AFFAIRS VAKUUM LTD VBM-GROUP VOGELSANG VOMAL INTERNATIONAL LTD YUZHMORMONTAJ ZIRAX

BEST STAND DESIGNS AT COG 2009: On the second day of the exhibition, June 3, the following awards were presented:

Best stand design at Caspian Oil and Gas 2009: CROSS CASPIAN OIL & GAS LOGISTICS Best use of corporate style 2009: STATOILHYDRO ASA Most original stand at the Caspian Oil and Gas 2009: VBM-GROUP Best use of shell scheme 2009: BMWi

THE OFFICIAL GALA RECEPTION On the 2th of June at 8 p.m. at the Gulustan Palace was held Gala Reception dedicated to the opening of Caspian Oil & Gas Exhibition 2009. About 650 people were at that Gala Reception- exhibitors, official establishment, embassy representatives, partners of ITE Group PLC and Iteca Caspian also media representatives.

Page 10: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

CONFERENCE PROGRAMME: Wednesday, 3rd June 2009 - Day 1 Caspian Basin’s Reserves: Exploration, Production and Investments 08:00 Registration Hosted by: 08:00 Welcome Coffee Break Hosted by:

09:30 Plenary Session: The Role of Caspian Region in providing Energy Security

Official Welcome Address / Chairmen: Sir Andrew Wood GCMG, Senior Advisor, ITE Group Plc Natig Aliyev, Minister of Industry and Energy, Azerbaijan

Keynote Speech: Natig Aliyev, Minister of Industry and Energy, Azerbaijan Speakers:

Richard Morningstar, Special Envoy for Eurasian Energy Issues Ambassador, USA Detlef Dauke, Director General for Energy Policy, Federal Ministry of Economics and Technology, Germany Stanislav Dorzhinkevich, Deputy Director of Consolidated Department for State Energy Policy, Ministry of Energy, Russian Federation Maciej Białek, Chief Expert, Department of Oil and Gas, Ministry of Economy, Republic of Poland The Role of Caspian Sea Region contribution to Energy Security of Europe Michael Nobel, Chairman of Nobel Charitable Trust Foundation The role of E. Nobel in the development of Oil Industry of Azerbaijan Yusuf Yazar, Deputy Undersecretary, Ministry of Energy and Natural Resources, Turkey

11:30 Networking Coffee Break Hosted by:

12:00 Session 2: The Outlook of Exploration & Production in the Caspian Sea Region

This session will discuss the current exploration projects as well as potential oil and gas fields in the Caspian Sea Basin. Session Host:

Chairmen: Rovnag Abdullayev, President, SOCAR Kristian B. Hausken, President, StatoilHydro in Azerbaijan Welcome speech: Caspian area gas potential

Keynote speech: Rovnag Abdullayev, President, SOCAR Speakers:

Novruz Guliyev, Deputy Minister of Ecology and Natural Resources, Azerbaijan Enhancement of Azerbaijan’s ecological environment Gregory Mattson, Vice President of HSE and Technical in the BP Azerbaijan SPU Facing Caspian Oil and Gas challenges through Technology Integration Elnour Babaiev, Country Manager, Azerbaijan and Georgia, Weatherford Weatherford in Azerbaijan Don McKelvie, Managing Director, Baker Hughes, Caspian Technology to Improve the E&P Outlook in the Caspian Sea Region

13:30 VIP Luncheon Hosted by:

14:30 Interactive Session 3: Investing in Azerbaijan’s oil and gas sector. International Cooperation

• Fiscal Regime. Favourable investment climate in Azerbaijan. Session Host: • Trading & transportation of the Caspian’s oil and gas: cooperation among the neighboring countries. • A look to the East: intergovernmental cooperation with Far East countries. • Regional Cooperation. Further trade through Georgian and Turkish ports. • Infrastructure Development and Logistics.

Moderator: Neil McGugan, Banker, Bank of Tokyo-Mitsubishi UFJ, Ltd. Speakers:

Angus Miller, Caspian Energy Adviser, Climate Change and Energy Group, Foreign & Commonwealth Office, United Kingdom The Southern Corridor for Oil and Gas and the role for Government Yurdal Öztaş, Vice President, TPAO TPAO in Caspian and Black Sea Regions Kairgaldy M. Kabyldin, President, KazMunayGas James E. Hogan, Managing Partner, Salans Limited Recent Legal Developments in the Oil and Gas Sector. Naila Mehrabova, General Director, Cross Caspian Oil and Gas Logistics LLC

Page 11: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

The Caspian-Black Sea Transhipment Corridor: Recent Developments Dr Jennifer Coolidge, Executive Director, CMX Caspian and Gulf Consultants Ltd. Azerbaijan as a key European gas supplier Kenan Yavuz, General Manager, Petkim Petrochemicals Holding Co. Azerbaijan and Turkey: strategic cooperation

Questions and Answers 15:30 End of Conference Day 1 19:00 Official Caspian Oil & Gas Conference Gala Reception Hosted by: Venue: Grand Hotel Europe Thursday, 4th June 2009 - Day 2: Diversification of Energy Supplies to Europe

08:30 Registration Hosted by: 09:00 Welcome Networking Coffee Break Hosted by:

09:30 Plenary Session 1: Southern Gas Corridor: Transporting Caspian Oil and Gas Resources to the Global Market

• Implementation of oil and gas projects in Azerbaijan • Intensification of consolidated global efforts in developing an effective external energy policy • Alternative routes to secure energy supplies to European consumers • Nabucco Gas Pipeline: finalisation of gas suppliers and project financing. Current state and outlook • Trans-Adriatic Pipeline project: front-end engineering stage running • The partnership between Azerbaijan and Russia. Potential suppliers to the Nabucco pipeline • South Stream – as an alternative route to supply energy to Europe • ITGI project: what has been done during last year; financing issues.

Chairman: Academician Khoshbakht Yusifzade, First Vice President, SOCAR Keynote speech: Academician Khoshbakht Yusifzade, First Vice President, SOCAR Speakers:

Reinhard Mitschek, Nabucco Gas Pipeline International GmbH, Managing Director Nabucco Gas Pipeline - Gas Bridge from the Caspian Region to Europe

Elio Ruggeri, ITGI Project Leader, Business Development Director, Edison S.P.A. ITGI Project Update Sveinung Dankel, Lead Negotiator Gas Transportation, StatoilHydro Azerbaijan Diversifying the Supply of Natural Gas to Europe Robert Klein, Managing Director, Trans Adriatic Pipeline Project Trans Adriatic Pipeline project: front-end engineering design stage running Terence Murphy, Ph.D., Department of International Relations, American University in Paris The European Union and the Southern Corridor

11:00 Networking Coffee Break Hosted by:

11:30 Session 2: International Transportation Projects in the Caspian Region

• Deepening partnerships with key energy suppliers, transit countries and consumers. • Expanding BTC: adding Kazakh crude to the main energy artery and shipping crude by rail to Azerbaijan and Georgia to the Black sea port of Batumi. • Azerbaijani-Kazakh agreement on Trans-Caspian transport system: Central Asia's massive energy reserves going to western markets. • Turkmenistan as an emerging partner. Cooperation with Turkmenistan – the new and vital gas supplier for Europe • Odessa-Brody-Gdansk project: a new pipeline delivering Caspian energy resources to European markets. A new impetus to cooperation among

countries of the Caspian, Black Sea and Baltic regions • South Caucasus pipeline (Baku-Tbilisi-Erzurum).

Chairman: Elshad Nasirov, Vice-President for Investment and Marketing, SOCAR Keynote speech: Elshad Nasirov, Vice-President for Investment and Marketing, SOCAR Speakers:

Dr. Sven Wolf, Vice President Gas Supply, E.ON Ruhrgas AG The European gas market and its potential for gas from the Caspian Region Michael Peisser, OMV Gas & Power GmbH, Head of Business Unit Gas Supply, Marketing & Trading Importance of the Caspian Region for European Security of Supply Markus Brokhof, Head of Gas Supply & SEE / Member of the Executive Management, EGL Group EGL a Pan European Energy Company and JV Partner of TAP

Jeremy Ellis, Head of Business Development, RWE Supply and Trading GmbH Nabucco as the catalyst for gas pipeline development in the Caspian Region: options and requirements Kate Hardin, Senior Director, Russian & Caspian Energy, CERA Baku as a hub for oil transportation out of the Caspian region John Roberts, Energy Specialist, Platts

13:30 VIP Luncheon Hosted by:

14:30 Interactive Panel discussion: The South Caspian - Azerbaijan, Iran, Turkmenistan: future perspectives on regional cooperation and hydrocarbon exports

• The feasibility of a southern gas corridor to Europe - including project partners, project funding, sourcing and phasing of gas supplies from Azerbaijan, Turkmenistan, Iran, and Iraq

• The key growing relationship between Azerbaijan and Turkmenistan makes this regional partnership a focus for talks on Caspian delimitation and a future Trans-Caspian pipeline

• Iran as a gas exporter to Europe: advantages and challenges

Moderator: Dr Jennifer Coolidge, Executive Director, CMX Caspian and Gulf Consultants Ltd.

Panelists: Elshad Nasirov, Vice-President for Investment and Marketing, SOCAR

Vagif Aliyev, Head of International Investments Department, SOCAR Wolfgang Sporrer, Head of Representation of OMV Gas & Power GmbH in Caspian Region Roberto Potì, Executive Vice President, International Activities, Edison S.P.A.

Page 12: CASPIAN OIL & GAS, INCORPORATING REFINING …. Rukhsara Liberman Head of Sales of Oil and Gas Division of ITE Group PLC Mr. Tofig Karimov Caspian Oil and Gas Project Manager Ms. Nigar

Robert Klein, Managing Director, Trans Adriatic Pipeline Project Jeremy Ellis, Head of Business Development, RWE Supply and Trading GmbH

John Roberts, Energy Specialist, Platts Julia Nanay, Senior Director Country Strategies, PFC Energy

16:00 End of Conference 17:00 Closing Reception Hosted by: Baku Nobel Oil Club, Villa Petrolea

Date of next year event: 1-4 June 2010 Year established: 1994 Frequency: Annual Website: www.caspianoilgas.co.uk Contact person: Rukhsara Liberman Project Director Oil & Gas Division, ITE Group PLC E-mail: [email protected] Tel: + 44 (0) 20 7596 5091 Fax: + 44 (0) 20 7596 5106 Web-site: www.ite-exhibitions.com/og