New Delhi,feb 7
International Energy Agency (IEA) is set to share insights on the India’s oil and gas sector during the 3rd edition of India Energy Week (IEW) next week here in the national capital.Besides, India Energy Week will also witness sharing of market insights by the Organisation of the Petroleum Countries (OPEC).Chief of IEA and OPEC are arriving in India to attend the second-largest energy event globally. IEW 2025 is scheduled to take place from February 11-14 in New Delhi’s Yashobhoomi.On day two of IEW, there is a session on The World Oil Outlook (WOO), which is one of OPEC’s flagship publications, combining the expertise of the OPEC Secretariat and professionals in OPEC Member countries.The 18th edition of the WOO will likely examine developments in energy and oil demand, oil supply and refining, the global economy, policy and technology, demographic trends, environmental issues and sustainable development.Other than OPEC Chief Haitham AL Ghais, OPEC Director, Research Division Ayed Al-Qahtani and Abderrezak Benyoucef Head, Energy Studies Department, Research Division OPEC will be also there to share their Insights on OPEC’s commitment to knowledge-sharing and data transparency.On the second day, a debate is being scheduled which will bring together influential and leading voices from the worlds of energy to debate their positions or views regarding some of the most pressing issues, complex questions and paradoxical challenges facing the energy world today.Nobuo Tanaka, Executive Director Emeritus, International Energy Agency (IEA) will share his insights on India’s energy demand. Last year, at the second edition of India Energy Week 2024 in Goa, IEW released its report on ‘Indian Oil Market Outlook to 2030’.According to that IEA report, India will become the largest source of global oil demand growth between 2024 and 2030, while growth in developed economies and China initially slows and then subsequently goes into reverse.
