Prime Minister to interact with CEOs at 5:30 p.m. IST on October 26 via video conference (file)
New Delhi:
Prime Minister Narendra Modi will interact with CEOs of the world‘s leading oil and gas companies on Monday at an annual event hosted by NITI Aayog and the Ministry of Oil and Natural Gas.
The Prime Minister’s Office (PMO) said it was the fifth such event organized by NITI Aayog and the Ministry of Oil and Natural Gas, and about 45 CEOs of major oil and gas companies will attend the round table this year.
The goal behind the meeting is to provide a global platform to understand best practices, discuss reforms and inform strategies to accelerate investments in India’s oil and gas value chain, the PMO said in a statement.
The annual interaction has gradually become one of the most important gatherings not only of intellectual debate, but also of executive action, he said.
The event is also gathering momentum with the rise of India, the world‘s third largest energy consumer, which is expected to see more than $ 300 billion in investment by 2030 in the oil and gas sector. to meet growing demand, the PMO said.
The prime minister will interact with CEOs at 5:30 p.m. IST on October 26 via video conference, the statement said.
India is a major player in the global oil and gas sector, being the third largest consumer of crude oil and the fourth largest importer of LNG, the PMO said.
Recognizing the need for India to move from being a passive consumer to being an active and vocal stakeholder in the global oil and gas value chain, NITI Aayog launched the first roundtable of global oil and gas CEOs. gas with the Prime Minister in 2016.
The growth of the event was apparent as around 45-50 global CEOs and key stakeholders who shape the global oil and gas industry met each year to interact and discuss issues and opportunities with the Prime Minister, a declared the PMO.
The impact of CEOs’ annual global interaction can be seen in the seriousness of the discussions, the quality of the suggestions and the seriousness with which they are treated, he said.
Minister of Oil and Natural Gas and Minister of Steel Dharmendra Pradhan will deliver the opening speech of the event, followed by a full presentation giving an overview of the oil and gas sector, and explaining the ambition and the industry opportunities in India.
This will be followed by an interaction session with CEOs and global experts.
Major global oil and gas stakeholders such as Sultan Ahmed Al Jaber, CEO of Abu Dhabi National Oil Company (ADNOC) and Minister of Industry and Advanced Technology, United Arab Emirates; Saad Sherida al-Kaabi, Minister of State for Energy Affairs of Qatar, Vice President, President and CEO, Qatar Petroleum; Mohammad Sanusi Barkindo, Secretary General, OPEC, Austria, will lead the session with his contributions on the oil and gas sector.
Igor Sechin, President and CEO, Rosneft, Russia; Bernard Looney, CEO, BP Ltd .; Patrick Pouyanne, Chairman and Chief Executive Officer, Total SA France; Anil Agarwal, President of Vedanta Resources Limited; Mukesh Ambani, President and CEO, RIL; Fatih Birol, Executive Director, International Energy Agency, France; Joseph Mc Monigle, Secretary General, International Energy Forum, Saudi Arabia; and Yury Sentyurin Secretary General, Gas Exporting Countries Forum will also share their contributions with the Prime Minister.
CEOs and experts from major oil and gas companies like Lyondell Basell, Tellurian, Schlumberger, Baker Hughes, JERA, Emerson and X-Coal, Indian oil and gas companies, will also present their perspective.
Previously, the Prime Minister will inaugurate the Indian Energy Forum by CERAWeek, which is now in its fourth year. The forum is hosted by HIS Markit, a global leader in critical information, analysis and solutions.
The event will bring together an international panel of speakers and a community of over a thousand delegates from India and over 30 countries, including regional energy companies, industries, institutions and governments related to the energy.
Keynote speakers include Saudi Energy Minister Abdulaziz bin Salman AI Saud, US Energy Secretary Dan Brouillette and Vice President HIS Markit, President, CERAWeek, Daniel Yergin.
Key topics to explore during the India Energy Forum include the impact of the pandemic on India’s future energy demand; securing supplies for India’s economic growth; what does the energy transition and the climate agenda mean for India; and natural gas in the Indian energy mix.
(Except for the title, this story was not edited by GalacticGaming staff and is posted from a syndicated feed.)
