UK PM: Azerbaijan's energy resources to play vital role in European and world economy

Azerbaijan, Baku, June 4 / Trend S.Aliyev / Azerbaijan's energy resources will increasingly play a vital role in European and world economy in the years to come, UK prime minister David Cameron said in the message addressed to the 20th anniversary edition of Caspian Oil & Gas 2013 Exhibition and Conference on Tuesday. "2013 will be an important year for the realizing of a Southern Gas Corridor project with the continued development of the world class Shah Deniz field and a number of the key decisions being made on the final pipeline route to Europe", Cameron said. However, according to him, much works still needs to be done to realize the full ambition of the Southern Gas Corridor as the route for the Central Asian gas to Europe. "And I am confident that this ambition will come to the reality," he said. Prime minister Congratulated the Peresident of Azerbaijan Ilham Aliyev and the people of Azerbaijan on the occasion of 20 Caspian oil and gas exhibition and conference and welcomed the continued strong bilateral relationship between our two countries, relationship that have been built on commercial links. The largest oil and gas event in the Caspian Region, the Caspian Oil & Gas Exhibition and Conference, takes place in the Baku Expo Center from 4 to 7 June 2013, marking its 20th anniversary. The exhibition brings together 386 companies from 28 countries, including oil and gas field developers and service providers. The exhibition is based in three pavilions of the Baku Expo Center and an outdoor space next to the complex. Germany, China, Russia, Turkey and the UK will present national groups. Compared to last year, exhibition space has grown by 22% and total exhibitor numbers by 25%. 20% of exhibitors are companies that have never come to Azerbaijan's market before, which shows the continued interest in the event, and the annual increase in the share of local companies, which this year make up 30% of all exhibitors, is an encouraging factor and a major achievement. Do you have any feedback? Contact our journalist at agency@trend.az