Prime Minister Narendra Modi on Monday inaugurated the PETROTECH – 2019 at India Expo Centre, Greater Noida, Uttar Pradesh. He also addressed the inaugural session of the event. PETROTECH – 2019 is considered to be India’s flagship hydrocarbon conference. PETROTECH-2019, the 13th International Oil & Gas Conference & Exhibition is organised under the aegis of the Ministry of Petroleum & Natural Gas, Government of India.The three-day mega event, from 10 to 12 February 2019, 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 PETROTECH -2019.
11:08 am: We also need to move towards transparent and flexible markets for both oil and gas: PM
11:07 am: A ‘Blue Flame Revolution’ is under-way. LPG coverage has reached more than 90% percent, from 55% five years ago: PM
11:05 am: 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: PM
11:02 am: Nations are coming together to tackle climate change: PM
11:00 am: "Energy supply, energy sources and energy consumption patterns are changing. Perhaps, this could be a historic transition," says PM
10:59 am: There is a shift in energy consumption from West to East: PM
Along with the Conference, the event is also having a concurrent exhibition spread over 20,000 square meters at India Expo Mart, Greater Noida. The PETROTECH-2019 Exhibition will have over 13 country pavilions and around 750 exhibitors from over 40 countries, with exclusive areas on the Make in India and Renewable Energy theme.
PM has in the past inaugurated the 12 the edition of PETROTECH-2016on 5 December 2016.
He said that “My vision for India’s energy future has four pillars: Energy access, Energy efficiency, Energy sustainability and Energy security. ”
PM also invited the global hydrocarbon companies to come and Make in India and assured them that our motto is to replace Red Tape with Red Carpet.”