| Conference on “The Global Energy Scenario and Challenges for India's Energy Security” | |||||||||
| EVENT DETAILS | |||||||||
| DATE | Thursday, 12th May, 2016 | ||||||||
| TIME | 10:00 AM – 05:30 PM (Registration: 9:30 AM) | ||||||||
| LOCATION | WWF Auditorium, 172-B, Lodhi Estate, New Delhi – 110003 | ||||||||
| ABOUT THE EVENT | |||||||||
Over the last two years, the global energy scenario has been experiencing some dramatic changes -- technological, economic, and geopolitical – that have significantly transformed the energy landscape and posed new challenges for India's energy security interests. The commercial development of shale oil has made the US nearly self-sufficient, so that the global market is today awash with substantial surpluses. This has led to a sharp fall in oil prices, from $ 115/barrel in mid-June 2014 to $ 27 in January 2016, causing extraordinary disruptions in the economics and politics of producer countries.
There are other important forces at play as well: Asian countries have replaced western countries as the principal consumers and importers of energy, with projections that by 2035, about 90% of West Asian oil will be imported by other Asian countries. Coupled with this are the burgeoning global sensitivity to climate change issues and the attendant need to move from fossil fuels to renewables and nuclear energy, though this shift also throws up serious challenges relating to energy economics and safety. By 2035, India is expected to become the third largest energy consuming country in the world, after China and the US, with the Indian share in global energy demand going from 4% in 2010 to 8.6% in 2035. Its long-term energy demand will rise by 3.8% annually, with fossil fuels accounting for 90% of the incremental growth. Its oil demand will go from 2.5 million barrels per day [mbd] in 2010 to 6.9 mbd in 2035, with an import dependence of nearly 90%. In order to maintain it high growth trajectory, India will have to successfully cope with major challenges so that it can diversify its energy basket, strengthen the domestic base and deliver energy for lifeline needs and national development, meet its commitments relating to climate change, and robustly engage with foreign partners on bilateral and multilateral basis to promote its interests. This conference will analyze the global energy scenario, highlight the challenges for India and suggest ways in which these could be met effectively. | |||||||||
| PROGRAM | |||||||||
| INAUGRATION | |||||||||
| SPEAKERS | Mr. Amar Sinha, Secretary [Economic Relations], Ministry of External Affairs Ambassador Talmiz Ahmad, Former Ambassador of India to Saudi Arabia and UAE | ||||||||
| SESSION I | Oil prices and their Implications for India | ||||||||
| CHAIR | Mr. Nagaraj Naidu, Director [Energy Security], Ministry of External Affairs | ||||||||
| SPEAKERS | Dr. Shebonti Ray Dadwal, Institute for Defense Studies and Analysis Dr. Sujata Ashwarya Cheema, Assistant Professor, Centre for West Asian Studies, Jamia Millia Islamia Ambassador DP Srivastava, Senior Advisor, ONGC Videsh Limited | ||||||||
| SESSION II | The Gas Sector | ||||||||
| CHAIR | Mr Anil Jain, Advisor [Energy], Niti Aayog | ||||||||
| SPEAKERS | Mrs Sudha Mahalingam, Former Member, Petroleum and Natural Gas Regulatory Board and National Security Advisory Board, Government of India Dr Gulshan Dietl, Professor [Retired], Jawaharlal Nehru University | ||||||||
| SESSION III | The Paris Climate Change Accord: Implications for India | ||||||||
| CHAIR | Ambassador Chandrashekhar Dasgupta, Member, Prime Minister’s Council on Climate Change | ||||||||
| SPEAKER | Dr. Sameena Hameed, Assistant Professor, Gulf Studies Programme, Centre for West Asian Studies, Jawaharlal Nehru University | ||||||||
| PANELISTS | Mr Arunabha Ghosh, CEO, Council on Energy, Environment and Water [Invited] | ||||||||
| SESSION IV | India's Energy Diplomacy | ||||||||
| CHAIR | Ambassador Talmiz Ahmad, Former Ambassador of India to Saudi Arabia and UAE | ||||||||
| SPEAKER | Mr Sanjay Sudhir, Joint Secretary, International Cooperation Division, Ministry of Petroleum and Natural Gas | ||||||||
| SESSION V | Future Challenges for India's Energy Security Interests | ||||||||
| CHAIR | Mr Narendra Taneja, Adviser, BJP Energy Cell | ||||||||
| PANELISTS | Mr Sanjay Sudhir, Joint Secretary, International Cooperation Division, Ministry of Petroleum and Natural Gas Dr Girijesh Pant, Professor, Centre for West Asian Studies, Jawaharlal Nehru University Mr Vivek Rai Gupta, Office of the Chairman, Reliance Industries | ||||||||
Registration fee is Rs. 500. There is no fee for participation for Ananta members, academics, media and government officials. For others: Registration fee Rs.500. Cheque payable to Ananta Centre may be mailed to: Ms. Meenakshi Sood, Ananta Centre 1st Floor, Thapar House, 124, Janpath, New Delhi – 110001 For more information please contact: meenakshi.sood@anantacentre.in | Tel: 011-40733 307 | |||||||||
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