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02.06.2016 15:55

Key issues and important topics

Jose Pedro Sebastian, Secretary General of Tecnicas Reunidas International

I repeatedly participate in the Caspian Oil and Gas Conference. This forum gathers leading companies from around the world. Every year, it attracts more and more attention. From our point of view, this year the most interesting topic is the investment policy of the State Oil Company of the Republic of Azerbaijan, SOCAR.

Other noteworthy issues are the supply of energy resources to European markets. Namely, customers are interested in guarantees, options and possibilities of “blue-sky fuel” in the European market.

Within the first day of the conference it was also interesting to get information about a new project to build an oil refining complex in Turkey. Tecnicas Reunidas International has similar projects in Spain. SOCAR has an attractive project for the creation of a new petrochemical complex in Azerbaijan. The complex is expected to begin operations in 2018. We are very pleased with this success and closely monitor the developments.

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