New Delhi:
The International Energy Agency (IEA) will share insights into India’s oil and gas sector at Indian Energy Week (IEW) next week in the capital of India Energy Week (IEW).
Moreover, Indian Energy Week will also witness the sharing of market insights by organisations in Petroleum Countries (OPEC).
The IEA and OPEC chiefs have arrived in India to participate in the global second largest energy event.
IEW 2025 is scheduled to take place at Yashobhoomi in New Delhi from February 11th to 14th.
On the second day of IEW there will be a session on World Oil Outlook (WOO), one of OPEC’s flagship publications, combining the expertise of OPEC’s secretariat and expertise from OPEC member countries.
The 18th edition of WOO may consider energy and oil demand, oil supply and refining, the world economy, policy and technology, demographic trends, environmental issues and the development of sustainable development.
OPEC Chief Haytham Al-Gays, OPEC Director, Research Division Ayed Al-Qahtani and Abderrezak Benyoucef Head, Energy Research Division, Research Division OPEC also shares insights into OPEC’s commitment to knowledge sharing and data transparency. It’s there.
On the second day, we bring together key influential voices from the energy world to illustrate our positions and views on the most pressing issues, complex questions and paradoxical challenges facing today’s world of energy. There is a discussion to be discussed.
Tanaka Nobuo, executive director and honorary director of the International Energy Agency (IEA), shares insights into India’s energy demand.
Last year, in the second edition of India Energy Week in Goa, IEW released a report on “2030 on the outlook for the Indian oil market.”
According to an IEA report, India was the biggest source of global oil demand growth from 2024 to 2030, with growth in developed countries and China initially slowing and then going vice-versa.
He added that India’s role in the global oil market is expected to expand significantly over the remainder of the decade, driven by strong economic, population and demographic growth.
The report states that the emergence of wealthy middle classes enthusiastic about urbanization, industrialization, mobility and tourism, as well as efforts to achieve greater access to clean cooking, will support the growing oil demand.
As a result, India has gotten back on track with an increase of around 1.2 million barrels per day, accounting for more than a third of its forecast global profit of 3.2 MB/D, reaching 6.6 MB/D by 2030. Masu.
Furthermore, the report means that diesel/gasoil is the only largest source of oil demand growth due to the massive industrial expansion, almost half of the country’s demand growth and the global total through 2030 It can be seen that it accounts for more than a sixth of the growth in oil demand. .
The first major global event on the Energy Calendar, IEW 2025 is poised to become the most comprehensive and inclusive global energy rally of the year. Since its founding in 2023, Indian Energy Week has grown from strength to strength.
IEW 2025 outperforms other international energy events. This year’s edition has made a major leap from its predecessor, showing increased leadership participation and more dynamic debate.
IEW 2025 includes seven key strategic themes: collaboration, resilience, transition, capabilities and digital frontiers, with a focus on decarbonization, energy equity, and practical solutions for a low-carbon economy. , innovation, leadership).
Compared to 18 in 2024, it includes 20 theme categories this year, which focuses on cutting edge issues such as AI, digitalization, and maritime decarbonization.
The structured stage of the conference – modestness and transition – is perfectly aligned with India’s dual goals of energy independence and decarbonization, ensuring a connection between the global agenda and the national agenda.
(Except for the headline, this story has not been edited by NDTV staff and is published by Syndicate Feed.)
