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Tuesday, 19 January 2016

4th India Africa Hydrocarbon Conference to be held in New Delhi to explore opportunities, bridge boundaries and boost bilateral trade

The Fourth India Africa Hydrocarbon Conference (IAHC) is scheduled to be held in New Delhi on January 21st and 22nd, 2016. The Conference is aimed at greater cooperation between India and African continent towards ‘Development Transmitting Partnership’ in the field of Hydrocarbons. It is a continuation of the discussion revolving around synergies between India and Africa and will strengthen the ties between the two. The partnership would enable India to enhance its energy security while nurturing Africa’s Hydrocarbon’s sector growth on several fronts like capacity building, environmental sustainability, human resource development and employment generation.

India and African nations have always enjoyed strong historical, political and cultural ties. India is importing close to 75 percent of its crude oil requirements while several African nations are rich in hydrocarbon resources. This serves as the catalyst to encourage proper cooperation beyond the hydrocarbon energy sector where investment capital from India can be secured in allied projects for development needs of African countries. 


In the Conference, 22 African nations are likely to participate. Nine of them will be represented by their Ministers. These countries are Algeria, Morocco, Mauritius, Liberia, Sudan, South Sudan, Tunisia, Senegal and Equatorial Guinea. The Minister of State (Independent Charge) for Petroleum and Natural Gas, Shri Dharmendra Pradhan will deliver the inaugural address on 21st January, 2016. The Conference will conclude on 22nd January, 2016 with his remarks and valedictory address by the Minister of External Affairs, Smt. Sushma Swaraj. Besides, Shri Dharmendra Pradhan will also have bilateral meetings with the Ministers representing the African countries. There will be several panel discussions and ministerial sessions.

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