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Russian oil technology valued in Baku at ₽1.5 billion

June 9, 2026
At the Caspian Oil & Gas International Exhibition, Russian Export Center (REC) organized a collective Made in Russia stand. Over three days, 26 companies held over 200 meetings. The total export potential of the negotiations amounted to ₽1.5 billion. Azerbaijan was most interested in: - drilling rigs; - geological and geophysical services; - digital solutions from Russian manufacturers. Following the exhibition, Turoplast and Azertexnolayn signed a letter of intent; - Kronos SPb agreed on pilot testing; - Intron Plus intends to conclude agreements for the supply of products and equipment rental. "It is important for us that Russian companies increasingly view exhibition activities not as a one-time event, but as the start of a long-term collaboration with a partner. REC will continue to support these projects during post-exhibition contacts, certification, and organization of bilateral business missions," Nuri Guliyev, Head of REC Representative Office in Azerbaijan. The organizers of Baku Energy Week, which included the Caspian Oil & Gas 2026 exhibition, highly praised the Made in Russia national exhibition, awarding it a certificate for the best presentation of the country.
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