Edited Proceedings of the 11th Petro India Conference organised by India Energy Forum and Observer Research Foundation. The creation of a new 'architecture' for regional cooperation in the area of energy in general and hydrocarbons in particular will be a critical step in the process of Asia's development. This would require support of the concerned governments and various other players including industries, institutions, regulatory bodies and consumers. The intense hostility between India and Pakistan, the largest nations in South Asia is one of the biggest barriers to regional cooperation, but the story of the European Union offers hope. European nations fought many wars and yet they took the first step of creating the coal and steel network which proved to be instrumental in bringing the nations together.