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The Union Minister of Petroleum and Natural Gas Shri S Jaipal Reddy has emphasised the need for proactive actions on three fronts with an objective to ensure energy security in the country. He said “ all these three priorities viz: developing our domestic reserves , assessing global energy sources and ensuring energy efficiency will be focus areas in developing countries over coming decades .” Shri Reddy , said this while chairing the Theme Session-1 on “Securing Growth- Energy & Prosperity” after the inaugural session of the 10th International Oil & Gas Conference & Exhibition – “Petrotech-2012 here today .
Listing out specific concerns regarding energy security for India, Shri Reddy said “For India, energy security is a truly central issue. India is likely to emerge as one of the top 3rd or 4th importers in the world, of all energy forms – oil, coal, gas and uranium.” Given the high correlation between economic growth and energy consumption, For emerging economies like India and China, where economic growth and increasing population are driving strong demand for energy, this theme is highly relevant. Securing energy for these countries is a prerequisite for ensuring long term growth, Shri Reddy added.
Mr. Kiratu Murungi, Hon’ble Minister of Energy, Kenya, Mr. Kakageldy Abdullaev, Hon’ble Minister of Oil and Gas Industry and Mineral Resources, Turkmenistan also addressed
