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 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.
He said, there are signs of convergence between cheaper renewable energy, technologies and digital applications. He said, it may expedite the achievement of sustainable development goals. Prime Minister expressed happiness that nations are coming together to tackle climate change.
He said, the Petrotech has served as a platform to discuss the challenges the world is facing in the energy sector. Prime Minister said, energy is a key driver of socio-economic growth and energy justice is a top priority for India.