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November 6 th - 7 th , 2007 Hotel Taj Palace, New Delhi

Federation of Indian Chambers of Commerce and Industry. November 6 th - 7 th , 2007 Hotel Taj Palace, New Delhi. Ministry of Petroleum & Natural Gas Government of India. The programme. Date: November 6-7, 2007 Venue: Hotel Taj Palace, New Delhi, India Organisers: MoPNG and FICCI

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November 6 th - 7 th , 2007 Hotel Taj Palace, New Delhi

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  1. Federation of Indian Chambers of Commerce and Industry November 6th - 7th, 2007Hotel Taj Palace, New Delhi 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 – 112.6 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 185.02 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 (2006-07) • 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. Libya Nigeria Algeria Sudan Ethiopia Mauritius South Africa Comoros Namibia Rwanda Ivory Coast Senegal Kenya Gambia Mauritania Morocco Central African Republic Confirmed International Participation: • 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, 2007 10.00 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, 2007 5.00 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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