Organisers:

Ministry of Petroleum & Natural Gas

Ministry of Petroleum & Natural Gas deals with exploration and production of oil and gas (including import of Liquefied Natural Gas), refining, distribution & Marketing, import, export and conservation of petroleum products. The allocated work includes exploration for petroleum resources including Natural Gas and Coal Bed Methane and their production, refining, supply, distribution, marketing and pricing. The institutional infrastructure of the Ministry includes a Petroleum & Natural Gas Regulatory Board, Oil Industry Development Board, Petroleum Conservation Research Association, Oil Industry Safety Directorate, Centre for High Technology and Directorate General of Hydrocarbons.

The companies under the administrative control of the Ministry include Fortune-500 companies such as Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) and other major companies such as Gas Authority of India (GAIL), Oil India Limited (OIL) and Engineers India Limited (EIL).

To achieve the goal of Energy Security, there is a massive programme of exploration, not only in India through the New Exploration Licensing Policy, but also abroad through various public sector companies, in particular, ONGC-Videsh Limited and the consortium of Oil India Limited Indian Oil Corporation Limited. The specific interests being pursued abroad are equity participation in developed oil and gas fields, exploration and production contracts in new fields, both oil and natural gas, participation in mid-stream and downstream projects and participation in transnational oil and gas pipeline projects.

FICCI

The Federation of Indian Chambers of Commerce & Industry (FICCI), set up in 1927 has evolved to become a “partner in progress” with the government and the industry. In the knowledge driven globalized economy, FICCI has become the rallying point for free enterprises in India, to shore up competitiveness and enhance their global reach. With a nationwide membership of over 1500 corporates and over 500 chambers of commerce and business associations, FICCI espouses the shared vision of Indian businesses and speaks directly and indirectly for 2,50,000 businesses FICCI has been contributing to the development of Hydrocarbon sector in India through its research, policy advocacy and several national and international activities like conferences and exhibitions on the sector from time to time. FICCI CIS Desk has been actively involved in enhancing economic and commercial relations between India and CIS countries through its sectoral and bilateral initiatives.