1ST TOP THINK TANKS FORUM – ENERGY COOPERATION – BEIJING, CHINA


1511145443

With an aim to enhance energy cooperation among ancient civilization countries, ICEC Council & CNPC Economics & Technology Research Institute, China organized “1st Top Think Tanks Forum – Energy Cooperation” on November 17, 2017 in Beijing, China. The forum was attended by the experts from leading think tanks, private enterprise and Govt. organizations from India, China, Iran, Iraq and Egypt.

Indian delegation was led by Mr. Mohammed Saqib, Secretary General of ICEC and comprised of officials from Ministry of Petroleum & Gas, GAIL, India Energy Forum, ICRIER & TERI. The forum was attended by more than 100 guests from other participating countries.

Under the theme of “Energy Economy and Policy” and “Energy Cooperation and New Energy”, participants discussed various energy development strategies and policies, economic development and energy consumption, supply and demand situation of oil and gas, role and significance of oil and gas in energy transformation, international energy cooperation, oil refining and gas scenario, the development of new energy and other topics were discussed in-depth.

1511148276

Mr. Saqib presided the first half of the forum. He asserted that both India and China are equally in demand for energy and there is room for greater cooperation between the two countries in terms of energy security and energy supply. “Such cooperation will further enhance the well-being of humanity. We hope this forum will provide constructive suggestions to decision-making bodies, governments and enterprises to lay the foundation as well as promote the future cooperation between India and China.”

The Indian Energy Think Tank delegation briefed on the current state of energy in India and its future energy development policy. The report pointed out that population growth is the biggest factor that drives the growth of energy demand. Energy growth and its structure will have an impact on the environment which will affect social and economic growth. India is a big energy consumer and is highly dependent on coal for energy consumption and is also expected to see substantial growth in energy demand in the future. India is in the process of drafting its 12th five-year plan, which addresses low-carbon development and inclusive growth. At the same time, India has set forth the goals of ensuring energy security, by reducing dependence on imported energy and its impact on the environment. Currently, India is adopting a number of policies and taking efforts to encourage the development of renewable energy, including one of the very important “solar power generation projects in 60 cities”.

Mr. Huang Weihe, the Vice President of PetroChina Company Limited and academician of the Chinese Academy of Engineering, expressed his vision for the future cooperation of the five nations and said in his speech that the energy cooperation is highly regional. “The five ancient civilizations participating in the conference are all located in the Silk Road economic belt, with its natural geographical advantages, it provides the right conditions for the interconnection of energy pipelines. Amongst the five countries, there are nations which are both large oil and gas consuming countries with rapid growth as well as traditional oil and gas resource producing countries. The oil and gas markets are highly complementary, laying an objective foundation for oil and gas trade related cooperation. We believe that by continuously strengthening energy cooperation and complementing each other’s advantages, we will surely achieve common development, mutual benefit and win-win results and jointly build a community of human civilizations.”

1511151207

Mr. Li Jianqing, Dean, China National Petroleum Corporation Economic and Technological Research Institute, told reporters that as one of the pilot units for building a high-end think tank in the country, it is critical to attach great importance to exchanges and cooperation among think tanks at home and abroad. Energy cooperation and development have become an important topic for many countries and enterprises to actively discuss under the new energy situation. In the future, he hopes that with the aid of a think tank forum, we can enhance our understanding and open a new mode of energy think-tank exchange among the five countries.

Taking the link between the ancient civilizations and energy cooperation as the topic, the forum helped to create a new mode of dialogue. The participating experts spoke highly of the forum being conducted and believed that increasing cooperation among energy consuming countries and energy producing countries will be conducive to stabilizing the market and boosting the economy. They hope that the platform for the exchange of energy and ancient culture between ancient civilizations can continue into a bright future.