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thediplomatinspain
Home In brief

Técnicas Reunidas announces projects under study worth 50 billion euros

Redacción
30 de June de 2021
in In brief
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Juan Lladó.

Juan Lladó.

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The Diplomat

 

The president of Técnicas Reunidas, Juan Lladó, stated yesterday at the General Shareholders’ Meeting that the company is ready to enter a new stage of growth and revealed that it has a portfolio of projects offered or in the process of being offered for 50,000 million euros.

 

Lladó supported his assertion that there is a recovery in consumption, and thus in energy prices, and that the company has good prospects for the future.

 

In addition to this pipeline of projects, Técnicas Reunidas has been awarded five new strategic contracts in recent months, totalling some 2.1 billion euros: Sasa, in Turkey; Orlen in Poland; Gazpromneft in Russia; Global Industrial Dynamics in the Netherlands; and the extension of the Tuban project with Pertamina and Rosneft, in Indonesia.

 

Of the 50,000 million under study, more than 30,000 million consist of plants for the generation of clean fuels and petrochemical developments; some 18,000 million in natural gas treatment projects; and the remaining almost 3,000 million euros correspond to projects framed within the energy transition, such as hydrogen, biofuels or CO2 capture, among others.

 

Lladó pointed out that Técnicas Reunidas “is a centre of excellence in technology, engineering and training in Spain, from which projects are developed for the world’s leading energy companies, among which those dedicated to decarbonisation and energy transition are increasingly important”.
The chairman concluded by underlining Técnicas Reunidas’ commitment to the Spanish business fabric, with which it achieves a “knock-on effect” that represents an average of more than 700 million euros per year in exports and supplies.

 

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