URJA SANGAM – 2015
Shaping India's Energy Security
INTRODUCTION
Energy security is the backbone of key government initiatives like 24x7 power and the
‘Make in India’ campaign. The country is at the threshold of the next great phase of socio-
economic transition with all round optimism in its citizens. The gears of progress are
turning fast and therefore it is time that India establishes continued access to more diverse
sources of energy to nourish all round development.
India’s foremost international petroleum company ONGC Videsh, engineering giant
Engineers India Limited and refining major Indian Oil Corporation’s Barauni Refinery are
cherishing their tryst with destiny as they celebrate their glorious journey of 50 years. The
three pioneering Indian enterprises celebrating their Golden Jubilee, together with other
State-owned companies in the petroleum sector are together hosting international summit
“Urja Sangam 2015: Shaping India's Energy Security”.
Hon’ble Ministers, global CEOs, joint venture partners, industry leaders, academia,
technology innovators, policy makers and thought leaders will converge on a single
platform to deliberate the contemporary challenges and opportunities of shaping the
energy security of India in a rapidly changing energy landscape and intensely integrated
world.
PROPOSED AGENDA
Proposed Organization - Address on Energy Security and Discussion Panels
#1: Address by Distinguished Invitee Dr Daniel Yergin on “Global Interdependence and
Energy Security”
#2: Address by the Hon’ble Prime Minister Shri Narendra Modi to give direction to India’s
Energy Security agenda
#3: Ministerial Theme Session: Framing Energy Security – Sustainability & responsible
energy investments
This panel will discuss the 9 broad and inter-related fundamentals to guide a discussion
on Energy Security – Diversification, Resilience – a security margin, High quality and
timely information, Collaboration among consumers and between consumers and
producers, Include infrastructure and supply chain, Robust markets and flexibility,
Renewed emphasis on efficiency for both energy and climate reasons, Investment flows,
and R&D, technological advance, and new technologies
#4: Keynote Session: Role of G-to-G relationships in Energy Security
The representatives of key partner countries for India’s public sector’s key
relationships in foreign countries will discuss their viewpoints on Energy security as
this will represent a mix of exporting and importing nations.
#5: Policy Plenary Session: Varying agendas for Energy Security - Models of Energy
Security across matrix of countries varying by Endowment, Consumption and Stage of
Economic Development.
This panel is designed to draw on the experiences of managing the energy economy,
based on countries with a varying mix of endowment, consumption, and stage of
economic development: net energy consumer economy, net energy producer economy,
developed economy, emerging economy
#6: CEO Panel: Changing mindset and organizations to enhance energy security and
innovation
This panel will focus on how IOCs and NOCs are both partners in resolving energy
security dilemmas and choices – IOCs optimizing more from a commercial lens and
NOCs optimizing more from a societal lens.
PROPOSED CRITICAL OUTCOMES
#1: Strategic Outcomes: To create long-term business opportunities
Internal
 20-year Road map for Energy security and action plan to support
 Creation of an inter-ministerial forum to facilitate alignment on energy
security needs
 Integration of downstream, mid-stream and upstream
 Idea of India as a refining hub
 Integrating upstream and downstream when going overseas
 Service industry development, possibility of a regional services hub
External
 MOU/Cooperation agreements with key global players
o UAE Framework Agreement
o Mozambique Roundtable
o Vietnam
#2: India’s thought leadership: For Asia on creating a new “Energy Security” platform
 Bi-annual knowledge conference, hosted by ONGC Videsh, which builds on
the idea of Energy Security along several dimensions – what are the key
factors that make a country energy secure, how can countries cooperate for a
commitment to energy security, how can energy mix be more diversified to
promote energy security
 Regional Co-operation Framework:
o Possibility of institutionalizing Hydrocarbon Buyer Nation’s dialogue
forum
o Generating discussions on mutually beneficial business framework
(such as information sharing, enabling cost effective swapping)
involving key regional players
o Initiating a dialogue on possibility of creating a regional gas hub /
price reference

Urja sangam2015

  • 1.
    URJA SANGAM –2015 Shaping India's Energy Security INTRODUCTION Energy security is the backbone of key government initiatives like 24x7 power and the ‘Make in India’ campaign. The country is at the threshold of the next great phase of socio- economic transition with all round optimism in its citizens. The gears of progress are turning fast and therefore it is time that India establishes continued access to more diverse sources of energy to nourish all round development. India’s foremost international petroleum company ONGC Videsh, engineering giant Engineers India Limited and refining major Indian Oil Corporation’s Barauni Refinery are cherishing their tryst with destiny as they celebrate their glorious journey of 50 years. The three pioneering Indian enterprises celebrating their Golden Jubilee, together with other State-owned companies in the petroleum sector are together hosting international summit “Urja Sangam 2015: Shaping India's Energy Security”. Hon’ble Ministers, global CEOs, joint venture partners, industry leaders, academia, technology innovators, policy makers and thought leaders will converge on a single platform to deliberate the contemporary challenges and opportunities of shaping the energy security of India in a rapidly changing energy landscape and intensely integrated world. PROPOSED AGENDA Proposed Organization - Address on Energy Security and Discussion Panels #1: Address by Distinguished Invitee Dr Daniel Yergin on “Global Interdependence and Energy Security” #2: Address by the Hon’ble Prime Minister Shri Narendra Modi to give direction to India’s Energy Security agenda #3: Ministerial Theme Session: Framing Energy Security – Sustainability & responsible energy investments This panel will discuss the 9 broad and inter-related fundamentals to guide a discussion on Energy Security – Diversification, Resilience – a security margin, High quality and timely information, Collaboration among consumers and between consumers and
  • 2.
    producers, Include infrastructureand supply chain, Robust markets and flexibility, Renewed emphasis on efficiency for both energy and climate reasons, Investment flows, and R&D, technological advance, and new technologies #4: Keynote Session: Role of G-to-G relationships in Energy Security The representatives of key partner countries for India’s public sector’s key relationships in foreign countries will discuss their viewpoints on Energy security as this will represent a mix of exporting and importing nations. #5: Policy Plenary Session: Varying agendas for Energy Security - Models of Energy Security across matrix of countries varying by Endowment, Consumption and Stage of Economic Development. This panel is designed to draw on the experiences of managing the energy economy, based on countries with a varying mix of endowment, consumption, and stage of economic development: net energy consumer economy, net energy producer economy, developed economy, emerging economy #6: CEO Panel: Changing mindset and organizations to enhance energy security and innovation This panel will focus on how IOCs and NOCs are both partners in resolving energy security dilemmas and choices – IOCs optimizing more from a commercial lens and NOCs optimizing more from a societal lens.
  • 3.
    PROPOSED CRITICAL OUTCOMES #1:Strategic Outcomes: To create long-term business opportunities Internal  20-year Road map for Energy security and action plan to support  Creation of an inter-ministerial forum to facilitate alignment on energy security needs  Integration of downstream, mid-stream and upstream  Idea of India as a refining hub  Integrating upstream and downstream when going overseas  Service industry development, possibility of a regional services hub External  MOU/Cooperation agreements with key global players o UAE Framework Agreement o Mozambique Roundtable o Vietnam #2: India’s thought leadership: For Asia on creating a new “Energy Security” platform  Bi-annual knowledge conference, hosted by ONGC Videsh, which builds on the idea of Energy Security along several dimensions – what are the key factors that make a country energy secure, how can countries cooperate for a commitment to energy security, how can energy mix be more diversified to promote energy security  Regional Co-operation Framework: o Possibility of institutionalizing Hydrocarbon Buyer Nation’s dialogue forum o Generating discussions on mutually beneficial business framework (such as information sharing, enabling cost effective swapping) involving key regional players o Initiating a dialogue on possibility of creating a regional gas hub / price reference