Prime Minister Narendra Modi today inaugurated the PETROTECH-2019 at India Expo Centre, Greater Noida, Uttar Pradesh. It is the 13th International Oil and Gas Conference & Exhibition and is considered to be India’s flagship hydrocarbon conference which is organised under the aegis of the Ministry of Petroleum & Natural Gas, Government of India.
The mega event showcases the recent market and investor friendly developments in India’s oil and gas sector. Over 95 Energy Ministers from partner countries and 7000 delegates from around 70 countries are expected to be part of the 3-day mega event which began yesterday.
PM Modi addressed the inaugural session of the event and said, “Winds of change are evident in the global energy arena. Energy supply, sources and consumption patterns are changing. There is a shift in energy consumption from West to East. The petrotech has served a platform to discuss the challenges the world is facing in the energy sector.”
PM further added, “A Blue Flame Revolution is under-way. LPG coverage has reached more than 90%, from 55% five years ago. Energy justice is also a key objective for me and a top priority for India. Towards this end, we have developed and implemented many policies. The results of these efforts are now evident. Electricity has reached all our rural areas. Nations are coming together to tackle climate change.”
Minister for Petroleum and Natural Gas Dharmendra Pradhan said, “India has made tremendous strides in providing energy justice to all. UJJWALA scheme and expansion of City Gas Distribution Network have provided clean cooking gas to people.”
Along with the Conference, the event will have a concurrent exhibition spread over 20,000 square meters at India Expo Mart, Greater Noida.