Dharmendra Pradhan Current Affairs - 2020

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3rd India Energy Forum by CERAWeek held in New Delhi

The third India Energy Forum by CERAWeek was held in New Delhi from 13-15 October 2019. At the forum the Union Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan called for the inclusion of petroleum products under GST regime and urged Union finance minister to at least begin by including natural gas and ATF (aviation turbine fuel) in GST.

Key Highlights

Participants: Hundreds of delegates from Indian as well as regional energy companies, institutions, and governments, and also a number of international speakers gathered at 3rd India Energy Forum by CERAWeek under the patronage Union Ministry of Petroleum and Natural Gas & Steel and Union Minister Dharmendra Pradhan.

Key topics explored at Forum include:

  • India’s energy transition
  • Low-carbon & sustainable energy solutions for India
  • The provision of heat, light, and mobility
  • Game-changing industry technologies
  • Outlook for global oil and gas markets & investment
  • Growing domestic oil and gas production and expanding use of natural gas across the economy
  • An opportunity to understand new government’s priorities and response from public and private sectors

Way Ahead

India is expected to get $58 billion investment in the exploration and production sector by 2023 and an estimated investment of $60 billion is underway for augmenting gas infrastructure.

As the energy sector is on the top of government’s priority list, it is committed to do everything it takes to meet renewable targets. The government is pushing to achieve 10% blending percentage of ethanol in petrol by 2022, which in turn will boost farm economy.

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8th Asian Ministerial Energy Roundtable (AMER8) held in Abu Dhabi

United Arab Emirates hosted the 8th Asian Ministerial Energy Roundtable (AMER8) on 10 September 2019, alongside the 24th World Energy Congress (which will be held from 9-12 September 2019) in Abu Dhabi, UAE. India is the co-host along with UAE at the AMER8 event.

Union Minister of Petroleum and Natural Gas Minister Dharmendra Pradhan who is on a 3-day visit to United Arab Emirates (UAE), will participate in 8th Asian Ministerial Energy Roundtable (AMER8) in Abu Dhabi.

About 8th Asian Ministerial Energy Roundtable

UAE with India as co-host of AMER8, convened International Energy Forum (IEF) energy ministers and heads of key international organisations to debate energy security in age of change with a view to empower responsible growth in Asia as well as the world.

The AMER8 is structured in two plenary sessions that will focus ministerial dialogue on-

  1. The role of new technologies for a more competitive and productive world energy mix
  2. Advancing inclusive access to secure, affordable, and sustainable energy services

Significance: Ministerial dialogue findings at AMER8 will help to inform 17th Ministerial International Energy Forum to be held in 2020. India which is the co-host of AMER8, will seek to advance these dialogue outcomes when it convenes 9th Asian Ministerial Roundtable (AMER9) in 2021 in New Delhi.

Background

United Arab Emirates (UAE) took over the hosting of ‘8th Asian Ministerial Energy Roundtable’ from Kingdom of Thailand that focused dialogue on global energy markets in transition to move from vision to action at 7th Asian Ministerial Energy Roundtable (AMER7) held in Bangkok, Thailand from 1-3 November 2017. This was with a view to deepen ministerial foresight on energy market security and the role of innovation to empower responsible growth.

The key ministerial dialogue findings of AMER7 that was laid down in concluding statement by Government of Thailand informed ministerial dialogue at 16th International Energy Forum Ministerial hosted by India on 10-12 April 2018 in New Delhi (IEF16).

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