PM to inaugurate PETROTECH-2016 on Dec 5

25 November, New Delhi

PETROTECH-2016, the 12th International Oil & Gas Conference & Exhibition, being organised under the aegis of the Ministry of Petroleum & Natural Gas, will be inaugurated by Prime Minister Narendra Modi at Vigyan Bhawan here on December 5.

Petroleum and Natural Gas Minister Dharmendra Pradhan will inaugurate the PETROTECH-2016 Exhibition at Pragati Maidan, the previous evening on December 4.

As the prime showcase of India’s hydrocarbon sector, the three-day mega event will see participation of over 100 eminent speakers and 6,000 delegates from 68 countries, including technologists, scientists, planners and policy-makers, management experts, entrepreneurs, service-providers and vendors. Along with the Conference being held at Vigyan Bhawan, the event will have a concurrent Exhibition spread over 15,000 square metres at Pragati Maidan. Briefing the media persons, Mr Pradhan said PETROTECH has been conceived as a platform where Ministers, experts, CEOs and Regulators can converge to forge mutually beneficially engagement.

He hoped that the event which brings the best from all the sections of the oil and gas world will help optimize its synergies. The Minister said India has emerged as a new engine of global growth and it stands out among the emerging economies. The story of Indian oil and gas sector is a story of interdependence, with 81 per cent of our oil requirement and about 37 per cent of gas requirement being imported. India has acquired hydrocarbon assets in 25 countries.

A large number of Ministers from other countries are also taking part in the event. He said that, besides PETROTECH, International Energy Forum International Gas Union Ministerial Conference is also being organised simultaneously showcasing India’s priority to move towards a gas based economy. In PETROTECH, several other Union Ministers and Chief Ministers of States will also be participating.

Mr Pradhan said the Petroleum & Natural Gas Ministry is playing a key role in this social-economic transformation of the country. He said India is 3rd largest energy consumer in the world and the 12th Edition of PETROTECH will tell the new and evolving India’s story.

The conference will be attended by over 100 eminent speakers and 6,000 delegates from 68 countries, the conference promises to be an intellectually vibrant event. In line with India’s growing engagement in the energy domain, 49 ministers from Europe, CIS, MENA, Africa, Latin America and the Caribbean, South East Asia, North America and South Asia have been invited to the Conference.

The theme for this year’s Petrotech Conference is ‘Hydrocarbons to fuel the future: Choices & Challenges.’ With this theme, PETROTECH-2016 aims to explore areas of growth in petroleum technology, exploration, drilling, production & processing, refining, pipeline transportation, petrochemicals, natural gas, petroleum economics, legal and human resource development, marketing, research & development, information technology, safety, health & environment management in the energy sector.

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