Prime Minister Narendra Modi opens the global event India Energy Week 2024 (February 6-9) in Goa today. The event brings energy ministers from across the energy-producing world and key decision-makers in the oil and gas market together under one roof.
A colourful welcome was accorded in Goa yesterday to Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, and also Housing and Urban Affairs. He will be chairing multiple conferences and sessions at IEW 2024.
Organised by the Federation of Indian Petroleum Industry (FIPI), under the aegis of the Ministry of Petroleum and Natural Gas, Government of India, the IEW 2024 event has the IPSHEM-ONGC Training Institute as its venue.
“Arrived to a warm welcome in culturally rich & vibrant Goa, where the stage is set for the inauguration of India’s premier energy event – the India Energy Week 2024 by PM Sh @narendramodi Ji tomorrow,” wrote the minister on X.
His X post added: “This event, which is expected to host 15 Energy ministers from different countries, 35,000+ attendees, more than 900 exhibitors & 6 dedicated country pavilions, will further reinforce India’s legacy for hosting global events with a vision of Vasudhaiva Kutumbakam & establish broader framework for global climate action.”
“Vasudhaiva Kutumbakam” is Sanskrit for “The world is one family”. India’s one-year G20 presidency, which concluded with a hugely successful summit in September 2023 in New Delhi, had the same theme.
Conducive space for collaboration on policies
A pre-event release from the state-run news agency Press Information Bureau (PIB) said: “The IEW platform would serve as a conducive space for collaboration on policies, based on exchange of experiences, to usher the world into a cleaner future.”
The PIB reported that the prominent foreign government functionaries speaking at the IEW include petroleum ministers from Libya, Nigeria, Sudan, and energy ministers from Ghana, Djibouti, and Sri Lanka, among others.
The top decision-maker body for the oil exporting countries, OPEC, will be represented by its secretary general Haithan Al Ghais.
360-degree perspective on the global energy scenario
To provide a 360-degree perspective on the global energy scenario, IEW 2024 will also feature speakers from regulatory bodies, renewable and alternative fuel associations and companies, policy researchers and consultants.
Additionally, IEW 2024 will feature a rich spread of strategic conferences with global decision-makers deliberating over the future of sustainable energy.
These sessions will include:
- ministerial panels featuring energy ministers and policymakers from around the world;
- leadership panels involving global business leaders and industry experts;
- fireside chats and expert interviews led by Indian policymakers and energy leaders; and
- executive sessions with global leaders at the forefront of business operations.
According to the PIB, some of the sessions are: “Ensuring energy security for nations and industry in a VUCA world” on the opening day; “India’s Oil Market 2030” and “Energy supply chain of the future and the impact of the choices of the current fuel mix,” on February 8; and “Seismic shifts – harnessing new exploration technology to develop deepwater frontiers” on February 9.