The three-day (December 5-7) mega event PETROTECH 2016 would showcase the capabilities of India’s hydrocarbon sector to the world as it 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, Dharmendra Pradhan, Minister of State for Petroleum & Natural Gas said on Thursday.
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.
Talking to reporters, Pradhan said that 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 that the story of Indian oil and gas sector is a story of interdependence, with 81 percent of our oil requirement and about 37 percent 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 organized 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. Pradhan said that the M/o Petroleum & Natural Gas 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.
Indian Oil Corporation is spearheading the event. Director ( Refineries) IOCL and Chairman of Programme Committe Sanjeev Singh said that 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.”
“From refinery point of view, the event would provide the opportunity to showcase our strength to the world and to get latest technological development in this sub sector,” he added
PETROTECH-2016 Exhibition, being held at Pragati Maidan in New Delhi, is one of the biggest oil & gas exhibitions in Asia and is attracting the participation of nearly 600 exhibitors from over 50 countries, covering 15,000 square meters of exhibition area. There would be 15 country pavilions apart from participation of leading oil & gas companies from across the world. Exclusive pavilions has been planned to showcase ‘Make in India’ initiatives and the emerging ‘Renewable Energy’ sector in the country.