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There is a necessity to find a flexible market for Oil and Gas: says Prime Minister Narendra Modi

Prime Minister Narendra Modi on his inauguration of the 13th International Oil and Gas Conference – PETROTECH-2019 in Greater Noida said that there is a necessary now to find a transparent and flexible market for oil and gas to balance the interests of both the producer and the consumer.

He said, there are signs of convergence between cheaper renewable energy, technologies and digital applications. He said, it may expedite the achievement of sustainable development goals. Prime Minister expressed happiness that  nations are coming together to tackle climate change.

He said, the petrotech has served as a platform to discuss the challenges the world  is facing in the energy sector. Prime Minister said, energy is a key driver of socio-economic growth and energy justice is a top priority for India.

He said, a Blue Flame Revolution is under-way in the country and LPG connections have been given to over 64 million house-holds in just three years under Ujjwala Scheme.

Speaking on the occasion, Minister of Petroleum and Natural Gas Dharmendra Pradhan said, India has made tremendous strides in providing energy justice. He said, UJJWALA scheme and expansion of City Gas Distribution Network have provided clean cooking gas to people.

 

 

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