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05.06.2014 16:57

Broadening and strengthening LUKOILs relations with Azerbaijan

Dmitriy Melnikov, Chief Marketing Officer, Lukoil Overseas Shah Deniz LTD.

- The purpose of our participation in this exhibition is primarily related to market positioning. This image-building campaign is aimed at ensuring widespread awareness of us among our potential customers and partners who need to know that we have a presence in the Caspian region, which is a strategically important area for our company.

Our exhibition stand was designed and installed together with our partner, LUKOIL Azerbaijan. We are presenting the development of and future prospects for the Shah Deniz Project, which today is one of the world's most important gas condensate projects. All the necessary agreements for the development of the second phase of Shah Deniz were signed in December of last year. Thus, LUKOIL has expanded and strengthened its relations with Azerbaijan, and this tendency will continue in the coming years.

My impressions of the exhibition are very positive: the event has been organized at the highest level, and it is safe, nice, and well laid-out in here. The third year of our presence at Caspian Oil & Gas demonstrates the stability of local service provision, and continually positive rating of the exhibition. For me it was surprising to meet so many new foreign players in the energy market this year. Healthy competition and the active development of the local market by other companies not only emphasize the expansion of the exhibition, but also the emergence of new potential customers, professional visitors who are looking for various forms of cooperation.

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