The Oil & Gas Conservation Fortnight being observed during January 15-31, 2012 is a reminder of the importance of energy in earth's limited resources. Secure, safe and affordable energy supplies are fundamental to the quality of our lives and the key driving factor of all modern economics. The country needs to increase its energy supplies by three times by the year 2030 to meet sustained levels of growth. Given the current scale of domestic demand, India will need to invest substantially in Oil and Gas Sector every year.

Conserving energy is perhaps one of the best and most cost-efficient ways to meet this requirement. One percent saving of power reduces demand by half. Therefore, the OGCF 2012 theme - 'SAVE FUEL YAANI SAVE MONEY' - is apt to generate awareness among people and inculcate the habit of energy conservation amongst various users of petroleum products.

Emphasis on abatement of Carbon Dioxide emission emanating from burning of fossil fuels not only demands application of cleaner technologies but also efficient usage of energy not only in refinery operations but all activities at consumers' end as well. Reduction of Energy Index by 1 unit in refineries has a potential to save Rs. 500 crore annually. Thus the need for focusing our attention towards conservation becomes accentuated. The fact that energy accounts over 85% of refining operating expenses, and the imperative to efficiently utilize petroleum products becomes significantly critical for sustainable operations. Today, the need is to be innovative in all our functional areas and garner every single drop possible from our operations.

I am confident that IndianOilPeople will take the lead in this nationwide campaign to promote fuel efficiency and petroleum conservation in the country.

I wish all the best for the success of Oil & Gas Conservation Fortnight - 2012.

R. S. Butola
Chairman