The theme of the conference is Shaping the New Energy World through Innovation and Collaboration. Over 95 Energy Ministers from partner countries are participating in the Conference.
The event showcases the recent market and investor friendly developments that have taken place in the country’s oil and gas sector.
Addressing the conference pm stressed on responsible pricing which balances the interests of both the producer and consumer. He also called for transparent and flexible markets for both oil and gas.
PM said LPG connections have been given to over 64 million house-holds in just under three years under the Ujjwala Scheme. He said a ‘Blue Flame Revolution’ is under-way and LPG coverage has reached more than 90% percent, from 55% five years ago.
PM said that energy justice is a key objective for him….He said towards this end, we have developed and implemented many policies and the results of these efforts are now evident.
He said electricity has reached all our rural areas and 100 per cent electricity is to be achieved.