Login
News Category: National
Print

New Delhi, January 22, 2016: The 2-day 4th India Africa Hydrocarbons Conference began in New Delhi today, with the Minister of Petroleum and Natural Gas (I/C) Shri Dharmendra Pradhan calling for collaborative development and creating a brighter future for the people of India and Africa. In his inaugural address, he said that this Conference will provide us with a platform to discuss specific opportunities in the hydrocarbon space. He said that the present Indian government is keen to move towards a geographically diversified energy basket, and this has resulted in India’s greater focus on Africa as a vital region for sourcing petroleum products in coming years. Shri Pradhan expressed the hope that India, apart from being an attractive market for crude oil and gas, would be an able partner for African nations across the industry value chain.

Following is the text of the speech of Minister of Petroleum and Natural Gas (I/C) Shri Dharmendra Pradhan on the occasion of the inauguration of the 4 th India Africa Hydrocarbons Conference

“ I am indeed overwhelmed to see you all in Delhi. On this wintery morning in Delhi, your presence brings so much warmth. Africa has always been close to our hearts. Our relations are multi-dimensional. Our civilisational linkages have been reinforced by decades of close engagement at the level of our political leadership as well as our peoples. We are both a vibrant mix of cultures, religions and languages. Having similar populations of over a billion each, we together account for one-third of humanity. We both have young populations – with two-thirds of our populations being below thirty five years of age. We therefore, share the same dreams, the same aspirations.

My Prime Minister has a vision. He dreams of Africa and India working closely on the road to progress and prosperity. Less than three months back, Prime Minister hosted the largest and most successful ever India-Africa Forum Summit which saw the presence of 41 African Heads of States and Governments.

The Summit raised India-Africa engagement to new heights. Prime Minister remarked at the Inaugural Ceremony of the Summit – “African energy helps run the engine of the Indian economy and its resources are powering our industries.” We are indeed grateful to Africa for that.

To set Prime Minister’s vision, and our joint aspiration in motion, we are honoured to host the 4thIndia Africa Hydrocarbons Conference to align and initiate further collaboration between India and Africa. This Conference will provide us with a platform to discuss specific opportunities in the hydrocarbon space. The theme of this Conference is "Energizing the bottom of the pyramid – Together towards tomorrow". This draws inspiration from PM’s words at the Forum Summit – “When the sun sets, tens of thousands of homes in India and Africa become dark. We want to light up lives of our people and power their future.”

It is very important for us to achieve inclusive growth. We need to work together to ensure a better tomorrow for our people.And we will. Although India’s engagement with Africa in the field of hydrocarbons goes back a long time, it got structured in 2007 when the first India-Africa Hydrocarbons Conference took place in Delhi. Since then, the global economy has changed significantly which has made our engagement in the field of hydrocarbons even more critical.

Over the past two decades, the African hydrocarbon sector has been expanding rapidly as also the interests of Indian oil companies in the continent. It is clear from our crude import figures that Africa has played an important role in India’s energy security. We imported 32 Million Metric Tonnes of crude in 2014 from Africa, including 3 Million Metric Tonnes from North Africa and 29 Million Metric Tonnes from West Africa, mainly from Nigeria and Angola. This constitutes approximately 16% of our consumption. This is going to increase in the coming years.

As a matter of policy, the present Indian government is keen to move towards a geographically diversified energy basket. This has resulted in India’s greater focus on Africa as a vital region for sourcing petroleum products in coming years. There are several reasons for us to believe that Africa will be the perfect partner in the hydrocarbon space. India's scarcity of domestic energy resources can be offset by Africa's surplus energy reserves – which accounts for about 15% of current proved accessible global oil reserves.

Over the past two decades, the African hydrocarbon sector has seen rapid growth. The new discoveries in Africa have seen oil reserves grow by over 100% and gas reserves grow by over 55%. We believe that this will greatly improve Africa's position as an exporter of not only oil but also gas.On the other hand, India has emerged as the fastest growing major economy in the world today with over 7% GDP growth. As per estimates by World Bank, IMF and others, this growth trend is expected to continue. Accordingly, India's energy consumption has been constantly increasing. The Compound Annual Growth Rate (CAGR) of Indian primary energy consumption in the last 15 years has been about 7.3% as compared to a global CAGR of 3%.

To sustain our economic growth, particularly the “Make In India” programme, I expect energy demand to go up further. According to the International Energy Agency’s (IEA) World Energy Outlook 2015, India will contribute around 25% of the growth in global energy demand and would thus be the single largest contributor to energy growth globally.

We import nearly 78% of our crude oil & 35% of our natural gas requirements. However, while being deficient in natural hydrocarbon resources, we have built significant capacities and capabilities in products and processing of hydrocarbons. Despite being a net importer of crude oil, India, with 23 refineries, has become a net exporter of petroleum products by investing in refineries designed for export. India has emerged as a refining hub with the fourth largest refining capacity in the world with 4.5% of world share.

Indian refineries have the highest complexity and can refine almost 180 kinds of crude. In 2014-15, India exported 63 Million Metric Tonnes of petroleum products to more than 55 countries around the world. Apart from its strong presence in the downstream sector, India has seen sizeable development in the midstream sector. We have ambitious plans to develop a National Gas Grid and expand pipelines for petroleum products.

Indian upstream companies have been active in Africa’s hydrocarbon sector. In Mozambique, Sudan and South Sudan, Indian companies have major presence in exploration and production segments with total investments of nearly US$ 7-8 billion now. Indian companies also hold interest in key oil and gas projects in Gabon, Libya and Egypt.

We are confident that India, apart from being an attractive market for crude oil and gas, would be an able partner for African nations across the industry value chain. One area of clear promise is the downstream sector, where our core capabilities, downstream technology, would be attractive as we have firmly established ourselves as a strong player in refining and petrochemicals.

India has travelled a long way from its first refinery in Digboi, Assam to the largest refining complex in the world at Jamnagar, Gujarat, to one of the most modern refineries in the world coming up in Paradip next month.

Indian companies are already providing comprehensive Engineering, Procurement and Construction (EPC) services to the hydrocarbon sector in Africa. Presently, they are working in Algeria, Nigeria, Libya, Sudan and Ghana to name a few.

Indian research and training institutes in hydrocarbon sector have developed state-of-the-art technologies for deployment across upstream and downstream sectors. I am confident that the potential for collaboration between India and Africa in R&D sector is immense.

As you would perhaps recall, during India Africa Forum Summit in October 2015, Hon’ble Prime Minister had announced 50,000 scholarships for African students and research scholars. This includes scholarships in petroleum sector specific R&D and training.

India has also offered a concessional credit of US $ 10 billion over next 5 years for African countries. We have good scope to tap into this line of credit for oil and gas projects in Africa. I call upon public and private sector both in India and Africa to identify viable projects which can be financed and pursued through this line of credit.

In conclusion, I would only like to say that solid beginnings have already been made. We need to keep injecting new energy, fresh ideas and develop new collaborations. I firmly believe that the Conference will play a significant role in paving the way forward for India and Africa for collaborative development and creating a brighter future for our peoples.

Let me quote Prime Minister again from his address at the India Africa Forum Summit. He said – “If this century is going to be one in which all humans have a life of opportunity, equality and dignity; stand in peace with other; and live in balance with nature, then India and Africa must rise.”

I hope that the 4th India Africa Hydrocarbons Conference will be small, but concrete, contribution to the objective of forging a symbiotic long term relationship.

I conclude by saying that we all have a big responsibility towards a Resurgent Africa and an Emerging India’. This Conference has set the stage for all of us to accomplish this task.

I hope that in addition to having a fruitful Conference, you all have a comfortable stay in Delhi. I also thank each one of you, especially the students from Africa, for having made efforts to attend this event. ”

Prev Next
The Automobile Times
The SME Times
The Retail Times
The Dairy Times
The Pharma Times
The Power Times
The Property Times
The Hotel Times
Order cheap Zithromax, Order Zithromax, Cheap Zithromax, Purchase Zithromax fast delivery In order to have effective treatment of difficult bacterial diseases, doctors prescribe Zithromax. We guarantee cheap Zithromax, high quality drug and service.

Buy Zithromax online Order Zithromax online

Men and women are impacted by several distinct illnesses that cause malaise and numerous other unpleasant symptoms, and may even cause death, when symptoms are neglected or left without having proper treatment. Among essentially the most frequent diseases is bacterial illnesses and they frequently can emerge like a complication of viral ailments or straightforward cold. Bacterial ailments are evoked by one-celled organisms, by bacteria. There are a whole lot on the in the world and in human physique. We got utilised to cohabitation with them. They reside in our physique as well as help to many processes in our body. Some bacteria are good and a few are malignant, some bacteria in distinct amount is good and also useful and a few in increased number are is dangerous for our health.

Extremely frequently right after straightforward cold, when patient begins recovering, a sudden worsening begins; typically it is a sign of bacterial illness which has joined, even though organism was weakened by an additional issue. Typically human body having a support of organic defensive system fights with foreign factors and invisible malignant beasts and as a result it may protect itself, but as a result of naturally low immune system or weakened in some circumstances or because of receiving into epidemic atmosphere, individuals can get ill because of bacteria and they need to have proper treatment by medicines that are in a position to kill all dangerous bacteria within the physique. Antibiotics have been developed for this objective. Antibiotics are medicines that kill little one-celled organisms in human body. The most common are respiratory bacterial ailments, virtually every person knows what exactly is it and how does it hearts. Any illness ought to be examined by the doctor then individual approach in treatment should be assigned. There are a lot of different antibiotic medicines; some have been created with narrow effectiveness, for killing only distinct malignant bacteria and a few were created with wide spectrum of effectiveness for successful remedy of bacterial ailments when a sort of bacteria is tough to recognize and to choose up corresponding antibiotic. The truth is, doctors frequently prescribe medicines with wide selection of effectiveness due to the fact they may be the most effective. Zithromax is amongst the most advised medicines which can be typically utilized for successful therapy of bacterial illnesses. Right now a lot of folks buy Zythromax, because they trust it.

Buy Zithromax online Where to buy Zithromax?

As most medicines it may be bought in classic drugstore, it is possible to go to nearby drugstore or discover it virtually in any mall center. It can be there but there is no guarantee of availability. A lot of people buy Zithromax online because it just isn't only a guarantee of availability but in addition great cost at top quality medicine. Today a lot of people are involved into quick contemporary quickly pace of life, and there is certainly constantly no time for going to drugstore. Now you're in our online retailer, where we are glad to present you our ideal value and excellent service with quickly delivery appropriate for your door. Additionally, absolutely everyone canBuy Zithromax online without prescription, as a result you've no obstacles in purchasing necessary medicine for you personally.

Cheap Zithromax online without prescription fast delivery

Zythromax can be helpful within your house medicine chest. Order Zythromax and be calm about your selection of medicines at property, since even in case of bacterial illness, you will be able to begin remedy with out delay. Zythromax has wide selection of effectiveness, but the most successful it may be in case of bacterial illness of ENT organs. Our on the web shop offers the top price tag, and everyone can order inexpensive Zythromax here and save money and time. We care about our customers and give only top quality and effective medicine for them, as a result absolutely everyone might be confident in acquiring safe Zithromax. Furthermore, worldwide delivery is obtainable for each and every purchaser, regardless of their country. Also we give specific rapidly delivery in some countries and every person, who buys Zythromax in USA, is assured the next day delivery; which is often essential for therapy that shouldn’t be delayed.

The best way to get Zythromax?

It really is rapidly and simple approach, especially if you had an knowledge of on the internet acquiring. A purchaser ought to add selected drug into virtual basket for getting, then specify required quantity of these tablets, fill in acquiring card and specify all essential information for preserving of quickly and proper delivery by our on-line store. If you have some troubles with putting an order or you must get more data about this medicine or our operate, you constantly can get competent assist from our online experts-consultants, who are usually on-line right here and usually can help you at any time of day or evening, when it truly is hassle-free for you personally. Should you purchase Zythromax in Canada, you are able to be sure in acquiring your order very quickly. And not too long ago we have created every thing necessary for the subsequent day delivery in UK and now every person, who buys Zythromax in UK may also depend on fast delivery. Every single our loyal client can get discount Zythromax, ask our on the internet consultants about bonus system.

Therapy by Zythromax might be diverse, because almost everything depends upon the illness and what bacteria was the trigger for its occurrence. Generally remedy lasts for 5 days, but the best strategy to identify scheme of treatment is consultation with a medical doctor. Essential rules about therapy by antibiotics: remedy needs to be completed, for instance, if therapy need to last a single week, but symptoms of illness disappeared in 3 days; treatment needs to be continued and completed. It is critical to kill all dangerous bacterium in an effort to keep away from relapse of the disease that is usually treated tougher. Also patient must use probiotics. If you have to purchase Zythromax tablets, use our on-line shop, listed here are the best offers for our customers.

Here is an chance to purchase generic Zythromax. It's a drug that has the identical effect along with the exact same components, but an additional name and another manufacturer. Generics are less expensive and often with their help folks can save much more income. You'll be able to ask our on the internet consultants to assist you to locate an suitable analogue.

Reviews:

  • When I was prescribed Zythromax I had no time for going to drugstore and I decided to order it on the web and it was my very first time, Every little thing was clear and fast, additionally, the cost is much decrease than in my nearby drugstore.
  • I had doubts about on-line acquiring of drugs, but once I tried as I needed Zithromax and required to save income. I was surprised by packing instruction service and quick results of treatment. Your on the internet store is really great.
  • I had bacterial poisoning and it was terrible. I was treated in hospital for practically one week and I was taking Zithromax pills that helped me considerably to recover.
  • Every time when somebody says me about discounts in regional pharmacy I am just smiling, since I know that anyway the top value is right here.
  • Zithromax is amongst the ideal antibiotics. I am prescribed this drug for the following time and it's really effective for me. I've an additional bacterial disease, but Zithromax shows its high-efficiency once again.
You are here:   HomeNewsGeneralNational4th India Africa Hydrocarbons Conference begins; Shri Dharmendra Pradhan expresses the hope that India would be an able partner for African nations across the industry value chain
Drive Green for Life
The Automobile Times
The SME Times portal