CIS Oil and Gas Summit opens in London

The three-day "CIS Oil and Gas Summit 2004: Russia, Caspian Sea region, Caucasus and Central Asia" opens in London on Tuesday.

The summit will be held for the fourth time and will be attended by ministers and companies of the oil and gas sector, the organizers informed RIA Novosti. The main organizer is London-based Energy Exchange Ltd.

According to the organizers, the summit "will allow those who already work or are just going to enter the quickly emerging oil and gas markets in Russia, the Caspian Sea region, in the Caucasus and Central Asia to receive a clear picture of the opportunities that each of the regions offer".

The first day of the summit will be devoted to the Russian oil and gas industry. The themes of the sessions are "Analysis of trade and investment climate in the Russian oil and gas sector", "Oil and gas policies in Russia and legislative plans in the sphere" and "Quick development of domestic Russian projects".

"An innovation of this year will be a roundtable on all problems of the forum, which will give the delegates and speakers an opportunity to exchange knowledge and experience of work in the CIS oil and gas sector", the organizers pointed out.

Plenary sessions on March 31st and April 1st will be devoted to the following subjects: financing of the oil and gas industry in the CIS member states; innovation technologies, informatization and automatization of work and management of the oil and gas industry; opportunities and prospects of oil and gas exports from Russia and other CIS countries; state policy towards oil and gas businesses.