Prime Minister Narendra Modi will interact with CEOs of leading Global Oil and Gas Companies in the annual event organized by NITI Aayog and Ministry of Petroleum and Natural Gas today through video conferencing. India is an important player in the global oil and gas sector being the 3rd largest consumer of crude oil and the 4th largest LNG importer. Realizing the need for India to graduate from a passive consumer to an active and vocal stake-holder in the global Oil and Gas value chain, NITI Aayog initiated the first roundtable of global Oil and Gas CEOs with the Prime Minister in 2016.
The growth of the event was apparent as around 45 to 50 global CEOs and key stakeholders who shape the global Oil and Gas sector assembled every subsequent year to interact and discuss the issues and opportunities with the Prime Minister. The impact of the annual global CEO’s interaction can be seen in the gravity of discussion, quality of suggestions and the seriousness with which they are acted upon.