SOCAR 2nd International Caspian and Central Asia Downstream Forum - Trading, Logistics, Refining, Petrochemicals has today kicked off in Baku.
The forum was jointly organized by Baku Higher Oil School (BHOS) and Confidence Capital Ltd. company (Great Britain) with support from the State Oil Company of the Azerbaijan Republic.
More than 150 delegates including managers of SOCAR’s units and members of Azerbaijani Parliament as well as high-level officials, industry leaders, analysts, trade and financial experts, top executives, managers and representatives from ministries and transnational oil&gas companies from Azerbaijan, Georgia, Iran, Kazakhstan, Kyrgyzstan, Russia, Turkey, Turkmenistan, Ukraine and other countries are participating in the event.
The Forum aims, among other objectives, to provide overview of the current oil, gas, refined and petrochemical product market in the Caspian region and Central Asia and the related export markets and routes. The participants will also discuss technological conditions, commercial positioning and prospects for development of refining facilities in the region, and analyze supply, demand and export potential for petrochemical products in the Caspian region and Central Asia.
SOCAR International Forum is a key event in the Caspian oil calendar covering the latest trends in hydrocarbon exports from the region, providing a unique digest of trading information for strategic decisions and day-to-day operations. During the three-day Forum, eight plenary sessions on main export markets from the Caspian region and Central Asia, specifics of the domestic and export demand, trade flows and logistical infrastructure including oil ports, pipelines and railways will be arranged.