5 July 2018
BP’s participation at the recent World Gas Conference (WGC), the largest global gas event was a great success.
Held in Washington, DC, from June 25–29, the 27th WGC was the largest and most high-profile global gas conference and exhibition conference with 12,000 attendees from 100 countries, 600 speakers delivering 100+ sessions and 350 exhibitors representing more than 600 companies— including CEOs from around the planet debating the most topical issues facing the industry, and government officials covering a variety of topics related to natural gas and public policy. Among the BP speakers who discussed the importance of natural gas to the global energy were Group Chief Executive Bob Dudley, Upstream Chief Executive Bernard Looney, and Orlando Alvarez, head of BP’s North American natural gas and power marketing and trading business. Bob Dudley delivered the opening remarks at the panel discussion with other Oil & Gas CEOs. He provided a brief overview of the global energy landscape, stressing that energy is essential to human progress and that the world will need a third more energy over the next two decades to meet growing demand. There were many engagements BP team was involved every day throughout five days event. One of those was a reception at the BP office where government officials, industry executives and ambassadors from around the world gathered to celebrate the inauguration of the Southern Corridor. Bob Dudley, the Minister of Energy Mr. Parviz Shahbazov who represented Azerbaijan at WGC and Assistant Secretary of State Frank Fannon gave remarks at the reception. Emphasizng the importance of cooperation with Azerbaijan Bob Dudley said that for many years, Azerbaijan and BP have joint historical achievements
Speaking at the WGC Mr. Shahbazov noted the importance of the "Southern Gas Corridor" project for Azerbaijan, stressing that it will also play an important role in diversifying gas supplies to European markets. According to the minister, SGC and its components are the first project that meets the long-term strategic goal of creating a pan-European diversified energy market. "In the 21st century, Azerbaijan, as the country that defined the main direction of the energy policy as a producer and exporter of gas, created a 3500-km pipeline system and a broad infrastructure network for the development of the Shah Deniz field. The "Southern Gas Corridor" is a project, which will allow Azerbaijan to receive dividends not only as a supplier country, but also as a transit country", Mr Shahbazov said. He noted that Azerbaijan is also strengthening its transit position by implementing the Southern Gas Corridor project supported by the United States of America. US Senator Shelley Moore Capito, who attended the event, stressed the importance of exporting energy resources in Azerbaijan. Senator noted that these infrastructure projects enhance the strategic importance of our country, strengthen its positions in the global energy market and the world economy. The next WGC will take place in 2021 in Korea where we believe Azerbaijan will take even more active part as a large volume gas exporting country.
BP stand at WGC exibition