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I leave for Myanmar, Australia and Fiji tomorrow with a great sense of anticipation and fully conscious of the significance of the India-ASEAN Summit and East Asia Summit on November 12-13 in Myanmar`s capital Nay Pyi Taw, the G 20 Summit in Brisbane Australia, the bilateral visit to Australia and the visit to Fiji Islands, where I will also have the opportunity to meet leaders of the Pacific Islands. 

During the course of these Summits and my bilateral visits, I will meet over 40 leaders from countries representing Asia, Africa, Europe, North America, South America and Pacific Region, as also heads of many multilateral institutions. These meetings are taking place at a time of multiple global challenges. I look forward to seeking a global environment that supports our aspirations for economic development and a peaceful world. 

The ten-nation ASEAN community has the third largest population; it would be the seventh largest economy in the world; and, the third fastest growing economic unit this century. This dynamic region is our continental and maritime neighbor, linked by centuries-old ties. ASEAN is at the core of our Act East Policy and at the centre of our dream of an Asian century, characterized by cooperation and integration. I am looking forward to discussing with ASEAN leaders how to take our relationship to a new level, which will supplement our deepening bilateral ties with each member. 

No region in the world embodies so much dynamism or faces so many challenges as the region spanning the Indian Ocean, continental Asia and Pacific Ocean. And, no other forum, perhaps, has as much potential to shape this region and the world`s future as the East Asia Summit. At the East Asia Summit, I look forward to discussing with ASEAN and seven global leaders how we can strengthen regional institutions, international norms and regional cooperation in pursuit of peace, stability and prosperity. 

The G 20 Summit, which brings together countries that account for 85% of the world`s economic output, is a key forum for countries to coordinate their activities and pursue collective action to support global economic growth and stability, stable financial markets and global trading regimes and employment generation. I also intend to discuss how we can accelerate the creation of next generation infrastructure, which also includes digital infrastructure, and ensure access to clean and affordable energy. A key issue for me would be to highlight the importance of international cooperation against black money. 

I look forward to meeting leaders from other countries at the summits in Nay Pyi Taw and Brisbane. 

I am looking forward to my four-city, three-day visit to Australia with great enthusiasm. I am conscious of the fact that a Prime Ministerial visit from India is taking place after 28 years. While we have much in common with Australia, our political, strategic and economic relations have been below potential. A closer strategic partnership with Australia will support India`s economic goals; promote our security interests, including maritime security; and, reinforce our efforts to foster a climate of peace and stability in our extended continental and maritime neighbourhood. 

It is in pursuit of the same goals as well our historical and ethnic links that will take me to Fiji Islands, 33 years after the last visit of Prime Minister. It will be my privilege to visit Fiji soon after the return of democracy in September 2014. We also owe them a debt of gratitude for hosting our scientists on the island in support of our Mars Mission. I am excited about visiting Fiji as also with the opportunity I will have of meeting leaders and representatives of 12 Pacific Island nations. I am grateful to them for coming to Fiji at short notice. We can build stronger economic cooperation and closer partnership in international and multilateral forums with our friends in Pacific Island. I look forward to a future of regular engagement and more robust cooperation with Fiji and other Pacific Island countries. 

'மன் கி பாத்' -ற்கான உங்கள் யோசனைகளையும் பரிந்துரைகளையும் உடன் பகிர்ந்து கொள்ளுங்கள்!
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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.