COG Conference 2007 Report Nabucco BP

8/9/2019 COG Conference 2007 Report Nabucco BP

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THE 14TH CASPIAN INTERNATIONALOIL & GAS CONFERENCE INCORPORATING

REFINING AND PETROCHEMICALS

6th-7th June, 2007Hyatt Regency Conference Centre,

Baku, Azerbaijan

REPORT


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The 14th Caspian International Oil & Gas Conference, one of the largest

specialised forums in the region was held on the 6th-7th of June in the Hyatt

Regency Conference Centre, Baku, Azerbaijan. About 500 delegates from 30

countries participated in the conference.

Organisers:

ITE Group Plc Iteca Caspian LLC

Official support:

Ministry of Industry and Energy of Republic of Azerbaijan State Oil Company of Azerbaijan Republic (SOCAR)

Sponsors:

Bos Shelf BP CISCO Systems International B.V. ConocoPhillips Cross Caspian Oil and Gas Logistics LLC Edison S.p.A. McDermott Caspian Contractors, Inc. OMV Platts Pricewaterhousecoopers Salans Statoil Total Wintershall Holding AG

Information sponsor:

Caspian EnergyInformation support:

Argus Media Ltd APA Information Agency Azerbaijan Review International Tourism Magazine Azerbaijan Today International Magazine Azernews Newspaper The Baku Post Newspaper


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Burman Sanderson & Co. Caspian Energy International Publishing House Caspian Publishing House Consulting and Business Magazine Contact Business Magazine Data Media Systems The Exhibitor Magazine Expoua Promo-Center Fuel & Energy Publishing House Geoinformmark Ltd Gulf Oil and Gas Heren Energy Inbaku Magazine Kaspiy Daily Newspaper Maximov Publication Ltd MVDV Complex Neftegaz International Neft i Kapital Publishing House Neft Rossii Magazine Newsbase Oil & Gas Eurasia Oil & Gas Journal Oil & Gas Production and Practical Magazine The Oil & Gas Vertical Journal Oilmarket International Magazine Petrochem Group LLC Pipeline magazine Pipeline Transport: Theory and Practice Research and Technology Magazine Region Plus Magazine Rogtec Magazine Rusenergylaw LLC Rusmarket.ru Russian Petroleum Investor / Caspian Investor SK Co. Ltd Slant Ltd CJSC SRIDS INJGEO Templeton Thorp Territoriya Neftegas Journal Times Publications


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Transportweekly Trend Analytical Information Agency Upstream Vistavochniy Most Information Agency The Business Journal World Energy World Pipelines Yellow Pages International Publishing House Yeni Igtisadiyyat Zaman Group LtdParticipants:

ACE Trading

Agence France Presse

Agip KCO

Amcham

AMEC

Argus Media

ASOA

Scientific Research Institute of Geotechnological Problems of Oil, Gas and

Chemistry

Austrian Federal Ministry of Economics and Labour

AVRO

Azerbaijan Today

Azerbaijan-Russia Chamber of Commerce and Industry of Business

Partnership

AZPROMO

Baker Petrolite

Batumi Oil Terminal

BelarusneftBelarus State Concern of Oil and Chemical

Beltransgaz

BG Group

Bharat Petroleum Corporation Ltd.

Bloomberg News

Borusan Makina

Bos Shelf LLC

Boskalis Offshore bvBOTAS-BIL, Ankara


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BP

Bulgargaz-Holding EAD

Buzachi Operating Ltd

Caspian Analysis

Caspian Business News

Caspian EnergyCaspian Integration Business Club

Caspian Publishing House

Caspian Wireline Services Ltd

Chevron Khazar, Ltd

China National Offshore Oil Corporation

CISCO Systems International B.V.

ConocoPhillips

Consulate of SwedenConsulate of the Thailand

Contact

Cross Caspian Oil and Gas Logistics LLC

Deloitte

Deloitte + Touche

Department of State's Bureau of European and Eurasian Affairs, USA

Department of Trade and Industry, UKEBRD

EconGas GmbH

Edison S.p.A.

EGL AG

Embassy of Egypt

Embassy of France

Embassy of Georgia

Embassy of India

Embassy of Iraq

Embassy of Islamic Republic Iran

Embassy of Israel

Embassy of Italy

Embassy of Japan

Embassy of Kazakhstan

Embassy of Kingdom of Saudi Arabia

Embassy of Latvia

Embassy of Libya


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Embassy of Pakistan

Embassy of People's Republic of China

Embassy of Poland

Embassy of Republic of Bulgaria

Embassy of Romania

Embassy of RussiaEmbassy of Switzerland

Embassy of the Federal Republic of Germany

Embassy of the Hellenic Republic

Embassy of the Republic of Belarus

Embassy of the Republic of Korea

Embassy of the Republic of Moldova

Embassy of the State of Kuwait

Embassy of the United Kingdom of Great Britain and Northern IrelandEmbassy of Turkey

Embassy of Ukraine

Embassy of the United States of America

Embassy of Uzbekistan

Enel Trade SpA

Exxon Azerbaijan Limited

ExxonMobil Corporation

ExxonMobil International LimitedFacet Deutschland GMBH

Federal Ministry for European

and International Affairs

Federal Ministry of Economics and Labour of Austria

Federal Ministry of Economics and Technology, Germany

Foster Wheeler Bimas

Gas. Oil. Business of Tatarstan

GAZPROM

General Electric Oil & Gas

GOGC

Gomel Department of the Gas Mains

Heren Energy

Hydromashservice

ILF Consulting Engineers - Turkey

ITE Group Plc

Input/Output, Inc.

InterCom


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Interpipe

Italian Trade Commission

Japan Oil, Gas and Metals

National Corporation

JSC Transneft

JSC Wissol Petroleum GeorgiaKaztransoil JSC

KNOC (Korea National Oil Corporation)

Kurmangasi Petroleum

McDermott Caspian Contractors, Inc.

Michael Wilson & Partners

Millennium Challenge Georgia Fund

Minimax Media Holding

Ministry of Economic Development of ItalyMinistry of Economic Development of the Republic of Azerbaijan

Ministry of Energy of Georgia

Ministry of Energy of Turkey

Ministry of Industry & Energy of the Republic of Azerbaijan

Ministry of Petroleum of Iran

MOL Plc

Morgan Stanley

Nefte CompassNexen Petroleum International Co.

Nobel Oil Ltd

Norwegian MFA

Oil & Gas Eurasia

Oil Capital

OLERNI LTD, Oil & Heavy Equipment Spare Parts Supply

OMV Gas International GmbH

OMZ Oil and Gas Projects

ORLEN Upstream Sp. z o.o.

OSCE

Permanent Representation of Republic of Tatarstan

PETROM S.A.

Petrovietnam Exploration -

Production Corporation

PGNIG (POLISH OIL and GAS COMPANY)

Platts

PricewaterhouseCoopers


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Public Gas Corporation of Greece (DEPA)

Region Plus

Representation of Republic of Dagestan

Rogtec Magazine

Royal Norwegian Embassy

Royal Norwegian Ministry of Petroleum and EnergyRusEnergy

Russian News & Information Agency RIA Novosti

Russneft

RWE Dea AG

SALANS

Selberg Stern

Shell Azerbaijan Exploration & Production B.V.

SinamSingle Buoy Moorings Inc.

Sinochem Kazakhstan Rep. Office

Sinochem Petroleum Exploration & Production Co., Ltd

Smith Production Technology

SOCAR

SOFAZ

Statoil

STX Energy Co. LtdSumitomo Mitsui Banking Corporation Europe Limited

Territoriya Neftegas

Texas Nafta Industries, Inc.

The Economic & Commercial Consulate Office of the Embassy of People's

Republic of China

The International Bank of Azerbaijan

TOTAL

TPAO

TPIC (Turkish Petroleum Int. Co.)

Trade Representation of Russian Federation

Turkish Association of Petroleum Geologists (TPJD)

Representation of Turkish Republic of Northern Cyprus in Baku

TUSIAB

U.S. Department of Commerce

UCTEA Chamber of Geophysical Engineers

University of Calgary, Faculty of Law

University of Oxford


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Upstream

Vietsovpetro JV

VNG - Verbundnetz Gas AG

Wintershall Holding AG

Witteveen + Bos Kazakhstan

World Energy

This year's conference was devoted to Azerbaijans role in the sustainable

development of the Caspians oil and gas operations. Thanks to live intellectual

discussions it was possible to judge how strongly large scale oil and gas

projects in Azerbaijan have developped and which routes will be important

for oil and gas transporation throughout the Caspian Region.

At the opening ceremony of the conference Sir Andrew Wood GCMG,Senior Advisor of ITE Group Plc and Rovnag Abdullayev,President of SOCARwelcomed the delegates.

The topic of the plenary session was strategic development of the

Caspian Seas oil & gas operations. During the session, the delegation heard

presentations from the following speakers: Matthew J. Bryza, Deputy

Assistant Secretary, Departmentof State's Bureau of European and EurasianAffairs, USA, Ambassador Dr. Martin Eichtinger, Secretary General, Austrian

Federal Ministry of Economics and Labour, Anita Utseth, Deputy Minister, Royal

Norwegian Ministry of Petroleum and Energy, Hartmurt Schneider, Vice Minister,

Federal Ministry of Economics and Technology of Germany, Yusuf Yazar,DeputyUndersecretary, Ministry of Energy & Natural Resources of Turkey, Bill Schrader,

President of BP Azerbaijan.

The second session was devoted to th exploration & production of

Azerbaijans oil and gas reserves. The keynote presentation was given by

Rovnag Abdullayev,President of SOCAR who spoke about gas production inAzerbaijan and bringing its level to 8 billion cubic meters in 2008. The other

speakers of the session were Vincenzo De Luca, Diplomatic Advisor and General

Director for International Relations at the Italian Ministry of Economic

Development, Bjorn Ragnar Jacobsen, Senior Vice President Gas Marketing,

Statoil ASA, Daniel M. Houser, President of McDermott Caspian Contractors,

Inc., James Hogan, Partner, Salans.

The subject of the third session was international cooperation andinvestment in the Region. Niyazi Safarov, Deputy Minister of Economic

Development of Azerbaijan gave the keynote presentation in this session.


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During the session Dr. Walid Adnan Kurdi, Crude Oil Editor, Russian Urals and

Mediterranean grades, Platts Markets, Michael Munro, Director for Energy and

Materials of CISCO, Jean-Patrick Marquet, Senior Banker, EBRD Natural

Resources, Hasan Guney, Senior Geologist (M.Sc), TPAO Exp. Dept. Eastern

Black Sea Project gave presentations.

The second day of the conference started with the welcome address by

Sir Andrew Wood GCMG, Senior Advisor of ITE Group Plc and Academician

Khoshbakht Yusifzade, First Vice President of SOCAR, who gave the keynote

presentation at the plenary session devoted to safe and reliable transportation

of the Caspian's oil and gas resources. Gunther Newcombe, HSE Director of BP,

Philippe Morel, Deputy General Manager of KCTS Project, Total, John Roberts,

Energy Security Specialist ofPlatts gave presentations during the session.The subject of the second session of the second day of the conference

was Azerbaijan and Turkey as regional oil and gas transportation hubs where

the alternative options were also discussed. The focus was on Nabucco, the

new gas transport project, 4 thousand kilometers in length which will supply

Central Asian and Caspian gas to Europe through Azerbaijan, Georgia, Turkey,

Bulgaria, Hungary and Austria. The estimated cost ofths project stands at

5 billion Euros. The keynote presentation was given by Elshad Nassirov,

Vice-President for Investment and Marketing of SOCAR. The other speakers

of the session were Mahmood Khaghani, Director General Caspian Sea

and CIS Countries Oil and Gas Affairs of the Ministry of Petroleum of Iran,

Reinhard Mitschek, Managing Director of Nabucco Gas Pipeline International

GmbH, OMV, Elio Ruggeri, Project Leader, IGI Project Development Team of

Edison S.p.A., Dr. Jennifer Coolidge, Department of Politics and International

Relations, University of Oxford, Naila Mehrabova, General Director of Cross

Caspian Oil and Gas Logistics LLC.

In the frame of the COG Conference 2007 there was a session devoted to

the extractive industries transparency initiative (EITI) where global norms for

revenue transparency were discussed. Anita Utseth, Deputy Minister of

Royal Norwegian Ministry of Petroleum and Energy gave the keynote

presentation of the session. The other speakers of the session were Shahmar

Movsumov, Chairman of the National EITI Committee, Executive Director of

State Oil Fund of Azerbaijan (SOFAZ), Suleyman Gasimov, Vice-President for

Economic Affairs of SOCAR, Sverre Olden Mala,Government & Public Affairs

Manager of Statoil, Clare Bebbington, Communications and External Affairs


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Director of BP, Sabit Bagirov, EITI coalition, Jonas Moberg, Head of EITI

Secretariat, David Narmania, Georgian NGO Coalition Transparency of Public

Finance, Dorjdari Namkhaijantsan, EITI Mongolia, Malik Issabekov, EITI

Kazakhstan, Anarkul Dautalieva, Member of EITI Consortium, Kyrgyzstan.

Photo Gallery

Plenary Session of Day 1

Interviews


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Delegates during the Conference

EITI Session


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Coffee-Breaks


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Speeches by Shahmar

Movsumov, Elshad Nassirov,

Daniel Houser, Naila Mehrabova, Elio Ruggeri, Michael Munro, Dr. Jennifer

Coolidge, John Roberts.


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In comparison with last year's conference, this year saw a good increase

in delegate participation, including a larger number of VIP delegates. This confirms

the elevated interest in Azerbaijan as a key route in transportation of Caspian

energy resources to Europe and USA. The conference has always played a large

the role in facilitating the signing oflarge contracts and the strenghthening

partnership relations among countries. We are sure that next year's event willsee

further growth in what has become the main conference of the Caspian region.

The 15th Anniversary Caspian International Oil and Gas Conference will be

held on the 4th-5th of June, 2008 in the Hyatt Regency Conference Centre, Baku,

Azerbaijan.

If you need more detailed information on the conference please contact:

Mr Nicolas Peers

Conference Manager

ITE Group Plc.

105 Salusbury Road

London, U.K.

Tel: +44 207 596 5145

Fax:+44 207 596 5106

E-mail:[email protected]

Documents

COG Conference 2007 Report Nabucco BP