Minister of Petroleum and Natural Gas Hardeep Singh Puri today said that India Energy Week has established itself as the world’s second-largest energy platform. Addressing the concluding session in New Delhi, Mr. Puri emphasised that this platform distinguished itself from other global energy forums by facilitating actual business transactions rather than merely serving as a networking platform.
The next edition of India Energy Week is scheduled to take place in Goa. The minister also noted that the event had exceeded expectations by encompassing a comprehensive range of sectors, including petroleum, natural gas, green energy, and biofuel, showcasing remarkably innovative developments. He highlighted practical innovations, such as the cost-effective conversion kit demonstrated at the HPCL stall, designed to enable biofuel usage in two- and three-wheelers.
Additionally, the minister expressed satisfaction at the convergence of investors, manufacturers, and consumers, particularly evident in the display of flex-fuel vehicles. Speaking on India-US energy cooperation, the minister noted the substantial progress in bilateral relations, particularly in the natural gas sector. The minister highlighted the country’s stated goal of increasing natural gas consumption to 15 percent in its energy mix, from about 6 percent currently. He further emphasised the strategic importance of the relationship with the United States for liquefied natural gas (LNG) supplies.
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