27th International Caspian Oil & Gas Conference

3 - 4 June 2020

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Caspian Oil & Gas Conference - Interest in the Southern Corridor is constantly growing

Interest in the Southern Corridor is constantly growing
30.05.2018

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Huseyn Gasimov, Chief Financial Officer, Nobel Upstream

We visit this exhibition and conference every year. I note that this event is becoming more interesting from year to year. The first time the conference was held in 1994. It was then that the country's doors were opened to foreign companies. Since then, the event continues to lead the key processes in the region.

My report concerns the implementation of the Umid-Babek project to meet the growing regional demand. The topic is in demand, because for all countries of the world, the primary task, at the moment, is to ensure energy security and energy independence from various processes.

The opening of the Southern Corridor is of great importance for the energy consuming countries in Europe, as well as the countries located on this corridor. This new route opens up new opportunities and hence, the interest in the Southern Corridor is constantly increasing.

 


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