Vibrant Gujarat

Vol 14, PW 8 (07 Oct 10) News in Brief

GSPC managing director Tapan Ray and Gujarat energy secretary DJ Pandian are hectically marketing the 5th ‘Vibrant Gujarat’ summit, to be held in Gandhinagar on January 12 and January 13 next year (2011).

PETROWATCH learns the oil and gas sector is one of the top ‘focus sectors’ this time. Between September 25 and October 2, Ray led a delegation to market the summit to investors in Egypt, Oman, Qatar and the UAE.

“The response was excellent,” says Rajesh Gandhi of Kingston Oilfield Services, who accompanied Ray. Others in the delegation included GSPC general manager MY Farooqui, John Energy MD Mahesh Vyas, and Torrent’s Ashok Modi.

Between September 5 and September 18, Pandian led a 16-member delegation to attract investors in the US and Canada. Reliance’s Hemant Desai and Nitin Shukla of Shell also went along.

“Interest was high,” says Desai. The last four Vibrant Gujarat summits attracted investment proposals totalling $370bn.