India, world’s third-largest energy consumer after US and China hosted 16th International Energy Forum (IEF) Ministerial Meeting in New Delhi.
It was formally inaugurated by Prime Minister Narendra Modi. This is second time India hosting IEF Ministerial meeting. It had earlier hosted 5th IEF Ministerial in 1996 at Goa.
The theme of 2018 IEF Ministerial Meeting was “The Future of Global Energy Security: Transition, Technology, Trade, and Investment”.
It was attended by Petroleum Ministers from 42 countries and was co-hosted by China and South Korea.
It was aimed to improve policy and investment decisions and through increased knowledge and experience sharing.