India, Africa to start hydrocarbons meet on January 21

The 4th India Africa Hydrocarbon Conference (IAHC) scheduled for January 21 & 22 at New Delhi, is a continuation of the discussion revolving around synergies between India and Africa and strengthening of the ties between the two. 

The conference is aimed towards greater cooperation between India and the African continent towards a 'development transmitting partnership' in the field of hydrocarbons. This partnership would enable India to enhance its energy security, while nurturing Africa's hydrocarbons' sector growth on several fronts like capability building, environmental sustainability, human resource development and employment generation. 

India and African nations have always enjoyed strong historical, political and cultural ties. In the present day scenario, India and Africa share complimentary needs, with India having to import close to 75% of its crude oil requirements.