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OPEC bulletin


F o r u m



World Petroleum Congress

The petroleum world

gathers in Istanbul

Mohammad Sanusi Barkindo, OPEC Secretary General.


Widely recognized as the ‘Olympics’ of the oil and gas industry, the World Petroleum

Congress (WPC) was held for the 22


time in Istanbul, Turkey, from July 9–13, 2017.

Under the theme of ‘Bridges to our energy future’, the five-day event brought together

some 3,000 delegates, 500 CEOs, 50 ministers and around 25,000 visitors to the

accompanying exhibition. With the OPEC Secretary General,

Mohammad Sanusi


in attendance, the

OPEC Bulletin

reports from the event.


hey say Istanbul is where the continents collide

— the meeting point between East and West.

The city straddles Europe and Asia and the mix

is evident throughout with the mesmerizing architec-

ture and culture combining Asia, Europe and the old city

of Constantinople — from the Hagia Sophia to the Blue

Mosque; from the Topkapi Palace to the Grand Bazaar. It

is also most impossible to turn a corner in Istanbul with-

out finding something to marvel upon.

The city is cut by the Bosporus Strait, where boats of

every size navigate the internationally significant water-

way, where old men crowd bridges across the natural

strait to drop fishing lines and gossip, and where locals

and tourists cross the bridges to move from one conti-

nent to another.

Given these connections, it seems apt that the

organizers created this year’s WPC theme, ‘Bridges to

our energy future’. This was emphasized by Turkey’s

President Recep Tayyip Erdo


an when he addressed

delegates at the opening presidential ceremony.



an stressed that the Turkish Government is

keenly aware that Turkey is a key player in the Eurasian

energy axis.



an also noted that new oil and natural gas

pipelines have the potential to further strengthen

Turkey’s role as a global energy corridor and major hub.

In this regard, he noted the successful completion of

the Baku-Tbilisi-Ceyhan oil pipeline project, which is

carrying Azeri natural gas to the Mediterranean, and

the Baku-Tbilisi-Erzurum natural gas pipeline project

that will make it possible to carry natural gas from

Azerbaijan to Turkey and Europe. He also highlighted

the Southern Gas Corridor (SGC) development, as well

as the Turkish Stream, an energy project that is being

conducted with Russia.