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Roundtable on National Energy Policy

Addressing the energy challenge has been acknowledged as an important requirement for India’s economic growth trajectory. A comprehensive National Energy Policy (NEP) is considered imperative to provide direction for achieving energy security, affordability and sustainability.

The Energy policy in India, and the hydrocarbon sector in particular, needs to be viewed with a fresh perspective to address various issues. To develop comprehensive recommendations from Oil & Gas sector, PetroFed organized three Roundtables of (about two hours each) for Upstream; Refining & Marketing; and Natural Gas, Pipelines & Infrastructure (liquids & gas) on October 5, 2015 at New Delhi.

Each round table discussion incorporated representation of industry leaders & experts to seek their views on various aspects of the oil & gas sector and submit recommendations for inclusion in NEP. The issues of policy initiatives to improve the performance of the oil & gas sector as well as reduce import dependence were taken up in respective sessions. The sessions were moderated by PetroFed knowledge partners from leading consulting firms. In addition, the issue of pricing/ supply, impact of energy efficiency and climate change was also deliberated. The experts emphasized on the policy enablers which will allow enhancing global competitiveness of Indian Oil and Gas sector.

After the deliberations a draft on policy recommendations for inclusion in the National Energy Policy was prepared by PetroFed.

Dr. R.K. Malhotra, Director General, PetroFed welcoming the industry leaders.

Shri A.K. Jain, Advisor, NITI Aayog addressing the Round Table discussion on Upstream. Others (L-R) Shri Sujit Kumar,MD, Schlumberger, Michael Rodgers, Vice President, IHS Energy Insight, Shri. Mayank Ashar, MD & CEO, Cairn India, Shri. A.K. Jain, Advisor, NITI Aayog, Dr. R.K. Malhotra, Director General, PetroFed and Shri R.S. Butola, Former Chairman, IndianOil & Member, PetroFed Governing Council.

Shri Mayank Ashar, MD & CEO, Cairn India making his presentation during Upstream Session.

Shri Manish Maheshwari, CEO, E&P, Essar Oil making his presentation during Upstream Session.

Participants listening to Michael Rodgers, Vice President, IHS Energy Insight during Upstream Session.

Shri Sujit Kumar, MD, Schlumberger presenting his point of view.

Industry Leaders during Refining and Marketing Session (L-R) Shri K. Balanchandran, RIL; Shri Lalit Kumar Gupta, MD & CEO, Essar Oil; Shri Prabh Das, MD & CEO, HPCL-Mittal Energy Ltd.; Shri B. Ashok, Chairman, IndianOil and Chairman, PetroFed; Dr. R.K. Malhotra, Director General, PetroFed; Shri R.S. Butola, former Chairman, IndianOil & Member, PetroFed Governing Council and Shri Ashok Dhar, Advisor, Reliance Industries Ltd.

Shri Paul Sheng, Director, McKinsey’s Hong Kong Office addressing a Query during Refining & Marketing Session .

Shri B. Ashok, Chairman, IndianOil and Chairman, PetroFed addressing participants.

Shri Prabh Das, Managing Director & CEO, HPCL-Mittal Energy Limited making his presentation during Refining & Marketing session.

Shri Lalit Kumar Gupta, Managing Director & CEO, Essar Oil making his presentation.

Sh. Prabhat Singh, MD & CEO, Petronet LNG sharing his view point during gas and infrastructure session.

Dr. R.K. Malhotra, Director General, PetroFed addressing a query during gas and infrastructure session. Others (L-R) Shri R. Suresh, President (Pipelines), Reliance Industries Ltd.; Shri A. K. Jain, Advisor, NITI Aayog; Shri Prabhat Singh, MD & CEO, Petronet LNG Limited; Dr. R. K. Malhotra Director General, PetroFed; Shri R. S. Butola, former Chairman, IndianOil & Member, PetroFed Governing Council and Shri Ashok Dhar, Advisor, Reliance Industries Ltd.

A section of the participants.