OREANDA-NEWS. April 01, 2010. Sale of the 24% stake in Caspian Energy Alliance has been announced.

CEIBC President and Chief Executive Officer Telman Aliyev told that both state-owned commercial companies and organizations as well as diplomatic representations, non-governmental organizations and media companies of the countries of the Caspian, Black Sea and Baltic Sea regions are welcomed to buy the participation interest.

“Companies and organizations incorporated into large financial and industrial groups are not allowed to buy more than 5% shareholding,” T. Aliyev said.

Caspian Energy Alliance is a 100% owner of the Caspian-European Integration Business Club (CEIBC), Caspian Energy International Media Group (including all electronic and print media except Caspian Energy Journal), Alternative Energy International Media Group and Leo BRANDMAKER Internet Media Company.

More detailed information about commercial offer will be provided at CEIBC’s next session on April 9 with the participation of Ali Abbasov, Azerbaijani Minister of Communication and Information Technologies, where  only CEIBC member companies and media representatives holding the information partnership with CEIBC are allowed to the event.