Black Sea Forum for Partnership and Dialogue Black Sea Forum for Partnership and Dialogue The inaugural session of the Black Sea Forum for Partnership and Dialogue (BSF) was held on June 4–6, 2006 in Bucharest. The Forum is a Romanian initiative, initially meant to hold annual presidential-level summits (the venues rotating among participant countries) and thematic or sectoral-cooperation meeting during those annual intervals. The Forum is not meant to create new regional institutions, but rather to turn into a regular consultative process among countries of the extended Black Sea region (defined as including the South Caucasus to the Caspian Sea) and between this group of countries and
Caspian Sea kind of oil which is white and very precious [i.e., petroleum]." In the 18th century, during the rule of Peter I the Great, Fedor I. Soimonov, hydrographer and pioneering explorer of the Caspian Sea charted the until then little known body of water. Soimonov drew a set of four maps and wrote "Pilot of the Caspian Sea", the first report and modern maps of the Caspian, that were published in 1720 by the Russian Academy of Sciences. Today, oil and gas platforms abound along the edges of the sea. Countries on the Caspian region, such as Azerbaijan, Kazakhstan and Turkmenistan,