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November 6 th - 7 th, 2007 Hotel Taj Palace, New Delhi Federation of Indian Chambers of Commerce and Industry Ministry of Petroleum & Natural Gas Government.

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Presentation on theme: "November 6 th - 7 th, 2007 Hotel Taj Palace, New Delhi Federation of Indian Chambers of Commerce and Industry Ministry of Petroleum & Natural Gas Government."— Presentation transcript:

1 November 6 th - 7 th, 2007 Hotel Taj Palace, New Delhi Federation of Indian Chambers of Commerce and Industry Ministry of Petroleum & Natural Gas Government of India

2 The programme Date: November 6-7, 2007 Venue: Hotel Taj Palace, New Delhi, India Organisers: MoPNG and FICCI International Supporting Partner– UNCTAD Parallel exhibition B2B meetings (on both days) Presentations by key organizations Affiliated to MOPNG

3 Why Africa ? Abundance of natural resources: Oil Reserves – Billion barrels accounting for around 10% of total world oil reserves Primary Contributors Nigeria & Libya Currently 6 countries Nigeria, Libya, Algeria, Angola, Sudan & Egypt together hold 95% of total oil reserves Oil Production – Crude oil production 10,410 bopd (barrels of oil per day) – 13% of world production Nigeria, Algeria, Libya, Angola, Egypt and Sudan account for approximately 86% of Africa’s total oil production Oil Consumption – 3% of World Total Consumption at 2,944 bopd

4 Why Africa ?..Cont Abundance of natural resources: Natural Gas Reserves - As of January 2007, Africa held proven Gas Reserves of 14,416 Bcm (Billion Cubic Meters) representing 4% of World’s total proven Gas reserves Reserves mainly concentrated in Nigeria, Algeria, Egypt, Libya and Angola Gas Production – More than doubled in the last decade from 88.5 Bcm to Bcm Contributes 7% of the World’s total Gas Production LNG Capacity – Africa holds 54.3 Mmtpa (Million tones per annum) or 30% of the world’s liquefaction capacity. Capacity expected to more than double by 2010

5 Why Africa ?..Cont India the net importer of crude oil imports about 75% of its oil requirement and about 16% of Indian crude imports are from Africa Traditional trade partners with geographical proximity We have reasons to be ‘interdependent’

6 Indian Footprints in African Oil & Gas Sector ONGC Videsh Ltd – Presence in Sudan, Libya, Egypt, Nigeria, Nigeria & Sao Tome and Principe Joint Development Zone Investments of about US$ 2 billion Total Oil & Gas Production 3.43 MMT ( ) Indian Oil – Oil India Ltd. Consortium – 2 blocks in Libya and 1 block each in Nigeria and Gabon Investments of about US 125 million

7 Indian Footprints in African Oil & Gas Sector Gail (India) Ltd Egypt: Joint venture with Fayum Gas, Shell CNG and NATGAS for City Gas Distribution. Total Investments of about US$ 23.2 million Libya: Libyan Govt. approved formation of JV for Pipe Line and City Gas Algeria: Imported first LNG Cargo and interested in Long term Import of LNG Engineers India Ltd. – Significant presence in Algeria. Also in Libya, Nigeria, Sudan and Ghana

8 Participation Profile: A – Z stakeholders from Africa & India: Energy Ministers & Policy Makers Leading national and international energy companies Consultants Oil sector service providers Banking, insurance and institutional investors Equipment manufacturers Legal experts Shipping, Pipeline and transportation companies Natural Gas producing companies Petrochemical companies

9 Confirmed International Participation: Libya Nigeria Algeria Sudan Ethiopia Mauritius South Africa Comoros Namibia Rwanda Ivory Coast Senegal Kenya Gambia Mauritania Morocco Central African Republic Around 100 delegates from 25 countries 12 African Energy Minister’s leading delegations Ghana Malawi Tanzania Niger Egypt Chad Tunisia Mozambique

10 Conference Dignitaries: Inaugural Session (Nov 6, a.m.) Inaugural Address: Shri Pranab Mukherjee, Hon’ble Union Minister for External Affairs Special Address: Shri Murli Deora, Hon’ble Union Minister for Petroleum & Natural Gas Valedictory Session (Nov 7, p.m.) Valedictory Address: Shri P. Chidambaram, Hon’ble Union Minister for Finance (Invited) Special Address: Shri Anand Sharma, Hon’ble Minister of State for External Affairs Exhibition Inauguration Shri Dinsha Patel, Hon’ble Minister of State for Petroleum & Natural Gas CMDs of all Indian PSUs to address specific sessions

11 Conference Highlights: Special African Ministerial Sessions to be addressed by Energy Ministers of Africa Showcasing Indian Capabilities in: Upstream & Downstream Sectors Gas EPC, Materials and Services Indian Offering to Africa Infrastructure development Supply of equipments Technology transfer Training & Development of Manpower and Capacity Building Other Sessions: Trade, treaty and Regulatory regimes governing Indo-Africa Trade and Investment Environment Project Financing

12 Thank You


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