According to ministry sources, Naik is also expected to make a pitch for investments into the oil sector in areas such as exploration, refining and marketing. The minister plans to highlight emerging opportunities in the oil sector and circulate a paper including the Hydrocarbon vision document among the potential investors, sources added.In addition, the minister will also make a presentation on the proposed second round of New Exploration Licence Policy bidding planned for the last quarter of this calender year.

The WPC brings together representatives of government, oil companies, service providers as well as scientist and technologists.