The delegates of ZAAB Invest LLC headed by the company CEO Mr. Zamir Abdullaev took part in the VI International investment forum “Sochi – 2007” which took place on September 20-23, 2007 on the Black Sea coast of Krasnodar Territory.

More than 8 000 people from 53 regions of Russia and 15 countries of the world participated in the work of the VI International investment forum “Sochi – 2007”. Almost all federal ministers, 43 governors, key figures of Russian business, principals and representatives of international companies were present at the forum.

The meeting of the President of the Russian Federation Vladimir Putin with chief executive officers of the largest Russian and foreign companies aroused particular interest of the participants and guest of the forum. At this meeting current questions of public private partnership were discussed.

During the forum the delegates of ZAAB Invest LLC held a number of meetings and talks concerning development of cooperation in the field of oil and gas production. ZAAB Invest signed a cooperation agreement with the Krasnodar Territory Administration.

At the round-table meeting “Fuel and energy sector is the basis of economic development” the CEO of ZAAB Invest LLC Mr. Zamir Abdullaev made a speech about current questions of oil and gas potential realization in the South of Russia. In this report the questions of creating a common database containing geological information, federal and regional level development of transparent rules of payment calculation concerning land allocation for well construction, operation of independent oil and gas production companies in Russian oil market, etc. were raised.

Also as a part of the forum the exhibition took place, where ZAAB Invest LLC presented its exposition telling of the company’s activities and its projects in Krasnodar territory.