CONFERENCE OVERVIEW AND COVERAGE <p>India's vision for a gas-based economy to raise gas consumption from 6.5%in 2019 to 15%by 2030 will increase the gas consumption by 600 mmscmd from today's consumption of 160 mmscmd. The single largest contributor to this growth is CGD, which will contribute 150 mmscmd.</p><br><p>The focus on CGD as a means to accelerate gas retailing is a very welcome step, but this has posed a big challenge for developing the corresponding infrastructure including last-mile connectivity. However, during theCOVID-19 pandemic, CGD has been the only sector, where gas consumption was not affected.</p><br><p>The coverage of the country's population, which will have access to natural gas, after the 10th round of bidding, has reached 71%, with coverage of more than 53%of the area. In terms of the committed work program the 9th and 10th round alone (over a period of 8 years) account for 423 Lac PNG domestic connection, 8181 CNG station and 1.74 Lac Inch-Km steel pipeline, as against the coverage before 9th round of bidding (covered over a period of 25 years) of 42 Lac PNG connections, 1400 CNG stations and, 1.0 Lac Inch-Km of steel pipeline network.</p><br><p>The experience has shown that major support to achieve such a tight target comes essentially from C&P as other activities of execution and supervision can be outsourced. The impediments in fast track procurement and contracting are the cumbersome GCC/SCC, inadequacy of Vendor development, slow in-house processing, time-consuming ordering and post order execution system. The answer lies in streamlining the process to reduce lead-time and to ensure fast track execution with the least dispute.</p><br><p>To address these issues of expeditious and hassle-free operations of C&P, Resonance Energy organizes its 4th virtual conference & exhibition on Contract and Procurement for Oil & Gas sector, on <b>12-13 January 2021</b> on Virtual platform of "FLOOR by 10Times". The conference focuses on the role of C&P to help meet the stretched target of the committed work program. The conference will deliberate various issues including application of IT (e-Tendering, Reverse Bidding, ERP, etc.) streamlining GCC and SCC with a view to reduce lead time, minimize litigations and strategies to be adopted by entities.</p><br><p>The program is must attend for professionals engaged in material management, contract execution, equipment suppliers, service providers, consultants, arbitrators and law firms.</p><br>