It is said that by striking it alone you can go faster but by going together you can go further. Thus the series of Petrotech events since 1995 have been an endeavour to bring the plethora of voices across the world together and through shared effort chart a new course for the global hydrocarbon industry.
India is the fifth largest energy consumer in the world and in the coming decades its consumption would only increase. Therefore, to secure its energy needs by reaching out to a global milieu becomes the need of the hour. Petrotech aims to enhance India’s prospects by paving way for India to gain energy independence.
Energy is what fuels the world economy. It is predicted that the third world war will be fought over oil because at the current rate of production and consumption, the global oil resources would be depleted by 2057. Therefore sustainability of oil resources through harnessing alternative sources of energy or exploring the potential of bio-fuel becomes highly important. Petrotech conferences over the years have promoted research and development and given a fillip to pioneering work in the field of energy.
Energy Economics versus Energy Eco-nomics. Environment friendly policies need not be the nemesis to economic growth nurtured by energy. Through its green policies, Petrotech aims to combat the impact of global warming caused by rise in greenhouse gases.
Hence, through its initiatives Petrotech has proven that energy can be used as an engine for economic growth as well as for social engineering.
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