PM Modi says there is a need to move towards responsible pricing of Oil, Gas in interest of both producer, consumer


PM Modi says there is a need to move towards responsible pricing of Oil, Gas in interest of both producer, consumer

Prime Minister Narendra Modi today said there is a need to move towards responsible pricing of Oil and Gas to balance the interests of both the producer and the consumer. He was inaugurating the 13th International Oil and Gas Conference – PETROTECH-2019 in Greater Noida.

The three-day biennial event began at India Expo Mart yesterday. The Prime Minister stressed on the need to move towards transparent and flexible markets for oil and gas to serve energy needs in an optimal manner.

The Prime Minister said, winds of change are evident in the global energy arena. He said supply, sources and consumption of energy patterns are changing. Mr Modi said, there is a shift in energy consumption from West to East. Read More

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