Jaipur: The 12th Biennial International Conference & Exposition of Society of Petroleum Geophysicists (SPG) India was inaugurated by Union Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship at JECC Jaipur on November 17, 2017. The three days International Conference & Exposition of SPG India will remain open till November 19, 2017.
The Union Minister Dharmendra Pradhan addressed the august gathering of associated distinguish Geoscientist of SPG.
During his second consecutive visit to SPG conference, Dharmendra Pradhan stressed upon theme of conference "Energy trough Synergy" in his inaugural address and emphasized upon the importance of Oil sector in India's energy ecosystem and its role in national economy. Elaborating on the changing energy scenario, he mentioned the historic stages of development of the energy supply and its impact on industry.
Elaborating further, he expressed that the first industrial revolution was a result of development of Coal-seam derived energy. In due course of time, the energy sourcing changed over to hydrocarbon followed by electricity. With India being the third largest consumer of the energy in the world, the minister emphasized upon bringing new and alternate energy sources like Gas hydrates in the energy supply chain.
Speaking about SPG, he mentioned that such conferences are platform to provide an environment for various players of the energy arena to come together and exchange ideas for scientific and technological innovation.
In his opinion, Data is a key factor for growth because Old data viewed from a new perspective over a period of time, can result in new opportunities.
Referring to Geoscience technologies as the key link in improving exploration success for oil and gas in the country, He categorically expressed his expectations from the Geoscientific community to reduce import dependency by at least 10% and ensure energy affordability, sustainability and accessibility for entire spectrum of people of India in order to fulfill the vision of the Prime Minister of India.