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We are the multifunctional diversified investment group operating in the sphere of oil & petrochemicals in the Caspian Region, Central Asia and South Caucasus on the rout that’s known as the Silk Road.
It is direct and short but important link on a global energy map. Transportation, trade, energy and investment is connecting economies and linking the East-West Black Sea Corridor to Europe. For Turkmenistan, Kazakhstan and Azerbaijan, the corridor offers direct access to the third major player – Europe and encourages western investment, needed in resources exploration and energy, and allows for allocation of knowledge and technology to the region.
Eurasia region is boosting significant energy resource reserves. It is a major player in the oil industry with total global oil production hitting 85 million barrels per day. Totally the Caspian Region share in global oil production is 2.6 million barrels per day (3.4% of total world supply) and will reach 4.3 million barrels per day by 2025.
Oil production in the region will increase sharply over the next 5-10 years as the Azeri, Chirag, and deep-water Gunashli (ACG) fields in Azerbaijan are fully developed and as the major Kazakhstan fields such as Tengiz, Kashagan and Karachaganak.
According to the World Bank analysis of production, consumption and imports indicates that by 2020, regional exports are expected to nearly double to over 150 million tpa, and by 2025, to 200 million tpa.