President Aliyev has been announced Grand-Prix laureate of Caspian Energy Integration Award-2006

The inquiry was held by the Caspian Integration Business Club (CIBC) in 30 countries of the world among top-managers and managers of medium level from 1,500 companies working in the Caspian, Black Sea and Baltic regions.

Rajab Tayip Erdogan, the Turkish Prime Minister, is the Grand-Prix laureate of the Caspian Energy Integration Award – 2006 for particular services in the integration of the Turkish economy to the economic space in the special nomination "The Reformer of the Year". The inquiry was held from 15 July to 15 December 2005, Trend reports referring to a news release by the CIBC.

In their remarks, nominates of the first degree award of the Caspian Energy Integration Award – 2006 Heydar Babayev, the Azerbaijani Minister of Economic Development, for the contribution to the economic development of Azerbaijan, Natig Aliyev, the Azerbaijani Minister of Industry and Energy, for the contribution to the development of the oil and gas sector, Khalaf Khalafov, the Azerbaijani Deputy Foreign Minister, for active part in the regulation of the status of the Caspian Sea, thanked the organization committee for such high award and noted the award would be additional stimulus. Besides, CIBC has announced Victor Khristenko, the Russian Minister of Industry and Energy, for the contribution to the development of the Azerbaijani-Russian relations, and Vladimir Shkolnik, the Russian Minister of Industry and Trade, for the contribution to the development of the integration processes in the Caspian Sea, the nominates of the first degree award of the Caspian Energy Integration Award – 2006.

CIBC has handed over the first degree awards of the Caspian Energy Integration Award - 2006 to the companies and organizations, taking active part in the production and social spheres in Azerbaijan, Russia, Kazakhstan, Turkey, Georgia, Ukraine and other countries, as well as expanding their activities at world markets.

The nominates of the second degree awards are - Lukoil Azerbaijan (The Oil Company of the Year), Statoil (The Maecenas of the Year), Azerneftyag ORP (The Oil Refinery Plant of the Year), Caspian Wireline Services (The Servcie Company of the Year in oil sector), Metal Qaynaq Sinag ( for successful strategy in business), Lider Logistic (reliable reputation), Prompribor NGO ( for high professionalism), Fugro Servey (The Company of the Year in geological survey and geophysics), SDL Denhol Limited (for high-quality service), Azinshaat Holding (for the contribution to the development of the regions), Caspian Drilling Company (The Drilling Company of the Year), PCH Offshore (The Construction Company of the Year in oil and gas sector), Benq Siemens (for successful strategy and management), Murphy (The Company of the Year in logistics), AzerCot (The Agriculture Company of the Year), Bank Standard (The Bank of the Year), Standard Insurance (The Insurance Company of the Year), Azeurotel (The Telecommunications Company of the Year), Azercell Telekom (GSM Company of the Year), BM International (The Legal Company of the Year), ANT Inshaat (The Construction Company of the Year), Global Investment Company (for the contribution to development of the tourism), Beko (The Brand of the Year), Taimex (The Quality Symbol of the Year), Baku Steel Company (The Metallurgical Company of the Year), Catel (for application of new technologies).