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Indian diaspora has played an essential role in strengthening Indo-Oman ties, says PM Modi
Being called for the inaugural address at the World Government Summit shows India's growing stature in the world, says PM Modi
His Majesty Sultan has an inseparable bond with India. My presence in the stadium named after His Majesty holds a huge significance: PM Modi in Muscat
As a nation, we believe in change. Every Indian is trying to make 'New India vision' a reality: PM Modi
We Indians believe in Vasudhaiva Kutumbakam (the world is one family), says PM Modi in Muscat
We make laws where it is necessary, but after our government came to power, approximately 1,400 laws have been done away with, says the PM
Next generation infrastructure is being developed in country keeping in mind the needs of 21st century: PM Modi in Oman

The Prime Minister, Shri Narendra Modi today addressed the Indian community at Sultan Qaboos Stadium in Muscat, Oman.

During his address, PM Modi appreciated the role of Indian diaspora in Oman and said that Indian diaspora has played an essential role in strengthening Indo-Oman ties.

The PM stated that 10 years ago, I was to visit Africa as the Chief Minister of Gujarat. I passed by Salalah, stayed there for some time, met some people and today I again got the opportunity to meet them. I wanted to visit Oman since a long time.

With the mantra of minimum government, maximum governance, we are trying to make life easy for the people, emphasised PM Modi. He noted that the poor are given life and safety insurance on just 90 paise per day and a premium of only 1 Rupee per month.

Talking about the Union Budget 2018, PM Modi talks about the Aayushmaan Bharat yojana. Adding that this will benefit 45 to 50 crore people, he said this scheme had attracted global attention.

 

 

Click here to read full text of speech

'মন কী বাত'কীদমক্তা হৌজিক অদোমগী ৱাখল্লোন অমদি তান-ৱাশিং শেয়র তৌবীয়ু!
সেবা অমসুং সমর্পনগী চহি 20 তাক্লিবা ফোতো 20
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PM interacts with CEOs and Experts of Global Oil and Gas Sector
October 20, 2021
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Our goal is to make India Aatmanirbhar in the oil & gas sector: PM
PM invites CEOs to partner with India in exploration and development of the oil & gas sector in India
Industry leaders praise steps taken by the government towards improving energy access, energy affordability and energy security

Prime Minister Shri Narendra Modi interacted with the CEOs and Experts of the global oil and gas sector earlier today, via video conferencing.

Prime Minister discussed in detail the reforms undertaken in the oil and gas sector in the last seven years, including the ones in exploration and licensing policy, gas marketing, policies on coal bed methane, coal gasification, and the recent reform in Indian Gas Exchange, adding that such reforms will continue with the goal to make India ‘Aatmanirbhar in the oil & gas sector’.

Talking about the oil sector, he said that the focus has shifted from ‘revenue’ to ‘production’ maximization. He also spoke about the need to enhance  storage facilities for crude oil.  He further talked about the rapidly growing natural gas demand in the country. He talked about the current and potential gas infrastructure development including pipelines, city gas distribution and LNG regasification terminals.

Prime Minister recounted that since 2016, the suggestions provided in these meetings have been immensely useful in understanding the challenges faced by the oil and gas sector. He said that India is a land of openness, optimism and opportunities and is brimming with new ideas, perspectives and innovation. He invited the CEOs and experts to partner with India in exploration and development of the oil and gas sector in India. 

The interaction was attended by industry leaders from across the world, including Dr. Igor Sechin, Chairman & CEO, Rosneft; Mr. Amin Nasser, President & CEO, Saudi Aramco; Mr. Bernard Looney, CEO, British Petroleum; Dr. Daniel Yergin, Vice Chairman, IHS Markit; Mr. Olivier Le Peuch, CEO, Schlumberger Limited; Mr. Mukesh Ambani, Chairman & Managing Director, Reliance Industries Limited; Mr Anil Agarwal, Chairman, Vedanta Limited, among others.

They praised several recent achievements of the government towards improving energy access, energy affordability and energy security. They appreciated the leadership of the Prime Minister towards the transition to cleaner energy in India, through visionary and ambitious goals. They said that India is adapting fast to newer forms of clean energy technology, and can play a significant role in shaping global energy supply chains. They talked about ensuring sustainable and equitable energy transition, and also gave their inputs and suggestions about further promotion of clean growth and sustainability.