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Daily import matrices.  India's transition to a gas economy: May not ever happen.  RIL arm grants Rs 750 crore Loan to Shapoorji Pallonji Company.  Oil India Ltd: Lot of aspirants for a director's slot.  Daily import matrices.  Chemical sector capex plans.  Software update: Fertilizer projects.  Arecelor comes to the rescue of Shell's Hazira terminal.  ONGC plans 10 development wells in Assam.  ONGC's Bengal Purnea Basin block: RFQs ahead.  India's Mongolia refinery: Stymied by the Chinese?.  Haldia Petrochemical's Cuddalore complex: Two bidders drop out, will there be more?.  CGD business model: Is it already under threat?.  Key trends to look out for in 2022 and ahead.  ONGC's Production Enhancement Contracts: Enough time given.  Tripura: Pipeline makes local gas more fungible .  ES Ranganathan's arrest: Life goes on otherwise.  Drone attacks in UAE but dangerous precedents may get set in India .  The TAPI pipeline: Ready to go again?.  Software update: Fertilizer projects.  

Daily import matrices

Jan 21: Get the daily updates for
8LNG 
8Crude
8Chemicals
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates
Click on Reports for more Details

India's transition to a gas economy: May not ever happen

Jan 20: India's domestic gas production profiles say a lot about how the gas pricing regime has stymied the entire system.
8In nomination blocks that are under the aegis, particularly of ONGC, where prices are pegged very low, production has been declining, with output well below that of last year.
8On the other hand, private sector or joint venture output, where pricing is capped but at a much higher level than that of nomination blocks, the output growth is twice that of last year.
8Ideally, if prices are allowed to be discovered through the market mechanism, as is now allowed through IGX (allowed for up to 10% of the gas output), then prices elicited for domestic output would be way higher, and this in turn would have an impact on gas production.
8But the pricing regime is constrained by so many other considerations that India will never be able to get to the free pricing regime anytime soon.
8Our dependency on imported gas will continue to rise, and since LNG is likely to stay expensive in the foreseeable future, India's often repeated transition to a gas economy is unlikely to happen.
Click on Details for the data Details

RIL arm grants Rs 750 crore Loan to Shapoorji Pallonji Company

Jan 20: For reference purposes the website carries here the following tenders:
8Expression of Interest for Demand Forecast Tool for Retail Business Details
8Global Expression Of Interest for Integrated Development of Surface Facilities within RJ-ON-90/1 Block Details
8Wireline Logging and Perforation Services for Onshore Blocks Located in Gujarat State Details
8Assorted Pipes for PDH-PP Gail at Usar Details
8Procurement of Sodium Chlorite Details
8Loading Arms for PDH-PPU Unit Details
8Supply Installation & Commissioning SITC of Console Panel Details
8Procurement of electrical insulating rubber/ synthetic mats Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8IEA tweaks oil demand projections higher Details
8TotalEnergies brings in Maersk rig for North Sea job Details
8Tight physical crude market points to higher oil prices Details
8China sees 2022 as crucial for its EV industry Details
8Iraq resumes oil exports via Turkey after Kirkuk-Ceyhan pipeline outage Details
8Global refinery closures outweigh new capacity in 2021: IEA Details
8Hydrogen - the 'no-lose bet' for fossil-fuel industry? Details
8Global oil demand to surpass pre-pandemic levels in 2022 as omicron fears subside: IEA Details
8India's affinity for US shale plays fading slowly but surely Details
8Asian refiners cold shoulder arbitrage barrels amid unfavorable economics Details
8Ethylene-naphtha spread tumbles to 20-month low on bearish ethylene complex Details
8RIL arm grants Rs 750 crore Loan to Shapoorji Pallonji Company Details
8TRENDS: IEA warns of potential volatile year for oil market Details
8India's oil production continues to slip, down 2% in December Details
8Oil prices ease from 2014 high, supply concerns limit losses Details
You can also click on Newsclips for more   Details

Oil India Ltd: Lot of aspirants for a director's slot

Jan 20: 8In Oil India, there are a lot of potential candidates for this director's slot
Click on Details to know more Details

Daily import matrices

Jan 20: Get the daily updates for
8LNG 
8Crude
8Chemicals
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates
Click on Reports for more Details

Chemical sector capex plans

Jan 20: Capex plans have been lined up by the following chemical companies:
8Rashtriya Chemicals & Fertilizers
8Dipin Chemicals
8Tagros Chemicals
8MVL Medisynth
8Suraj Laboratories
8GSP Crop Science
8Sarvottam Decor
8Besi Drugs
8Otsuka Chemical India
8White Field Chemicals
8Feel Organic
Click on Reports for more
Details

Software update: Fertilizer projects

Jan 20: Effluent Treatment Plant Up-gradation Project
8Cost: 101 Cr.
8Project Event: All the procurement work has been completed and all the long lead items have reached  the site. Ion-exchange India Ltd is the LSTK contractor. The construction is likely to be started at the end of Feb 2022 in place of December 2021, due to Covid.
Sulphuric Acid Greenfield Project
8Cost: 50 Cr.
8Project Event: The review is still ongoing in the MoEF, clearance is likely to be elicited in February 2022, RFQ for the local contractor as well as equipment supplier is likely to be released in March 2022. Details

Arecelor comes to the rescue of Shell's Hazira terminal

Jan 20: Arecelor Mittal Nippon Steel Ltd has come to the rescue of Shell's Hazira terminal
8One cargo is coming in after a long period of dry run in this 5 MMTPA terminal
The cargo's origination is Ras Lafan
Click on Reports for more Details

ONGC plans 10 development wells in Assam

Jan 20: 8These wells are in Rudrasagar, Geleki, Lakwa, Namti, Mekeypore-Santak-Nazira PML areas
Click on Details for more
Details

ONGC's Bengal Purnea Basin block: RFQs ahead

Jan 20: 8ONGC has a block in the Bengal Purnea Basin
RFQs are ahead Details

India's Mongolia refinery: Stymied by the Chinese?

Jan 19: India's effort to set up a refinery in Mongolia seems to have run into some problems
8There is a Chinese angle now
Click on Details for more
Details

Haldia Petrochemical's Cuddalore complex: Two bidders drop out, will there be more?

Jan 19: 8At least two EPC bidders seem to have dropped out of the race for the Haldia Petrochemical complex at Cuddalore.
8And there may be more on the horizon
Click on Details for more Details

CGD business model: Is it already under threat?

Jan 19: The CGD segment saw a big boost in the latest auction round.
8But there will be many challenges ahead.
8Already, electric vehicles are making an impact on at least one CGD player, and this is going to be the trend going ahead.
8As a matter of fact, the CNG section, the largest demand creator, may suffer a breakdown, leaving CGD players to compete in the non-lucrative household gas supply business and the industrial category, where the exclusivity is only up to 50,000 scmd
8Tough times are ahead for CGD players.
Click on Reports for more Details

Key trends to look out for in 2022 and ahead

Jan 19: The world's best research has come up with the following findings:
8Crude prices in 2022 will remain confined in the USD70/bbl and USD90/bbl range (even though Goldman Sachs sees prices at $150/bbl)
8Russia will hold the key to how global LNG prices are going to behave, know why
8Only a few years are left for new LNG capacity to come up, after that it will have to stop, no matter what.
8Series of climate change impact reports in the first half of this year will determine the long term fate of the oil & gas industry
8Methane is the second-largest contributor to warming after carbon dioxide. And this is where the gas industry comes into serious roadblocks from this year onwards
8Green hydrogen takes off all over the world but in India it will take time
8From `Carbon-Neutral’ to `Greenhouse Gas Verified’ LNG cargos in 2022. That will be the new change
8India's energy policies are fraught with uncertainties, and the transition to a gas-based economy has upended by high prices
Click on Reports for more   Details

ONGC's Production Enhancement Contracts: Enough time given

Jan 19: 8ONGC is eventually putting out some of its onland fields for production enhancement by roping in the private sector.
8And it is providing enough leeway to potential bidders
Click on Details for more Details

Tripura: Pipeline makes local gas more fungible

Jan 19: Tripura is a landlocked state and evacuating gas from there is always a problem
8But the bottleneck is now over
8And ONGC is in a position to auction gas, with a promise to the offtaker that gas sales will only take place once the connecting network is ready
Clcik on Reports for more Details

ES Ranganathan's arrest: Life goes on otherwise

Jan 19: Now that GAIL marketing director has arrested and is unlikely to return, GAIL is now going about the business of running itself properly
8Life has changed permanently for ES Ranganathan but life has to go on otherwise
Click on Reports for more Details

Drone attacks in UAE but dangerous precedents may get set in India

Jan 19: Drone attacks on the UAE have pushed oil prices to record high
8They were last higher than what they are today in 2014.
8Yet Indian retail prices are not moving up in tandem, they have remained unchaged
8This is a precedent fraught with danger Details

The TAPI pipeline: Ready to go again?

Jan 19: 8Is the off again, on again pipeline project on again?
Click on Reports for more Details

Software update: Fertilizer projects

Jan 19: Ammonium Nitrate Greenfield Project
8Cost
:1750 Cr.
8Project Event
Casale has been hired as the Technology Licensor, The piling work is likely to be started in February 2022, The project is likely to be commissioned in August 2024.
SSP Fertilizer Greenfield Project
8Cost
: 90 Cr.
8Project Event
The project is still on hold, it is likely to be active in Q1 FY 2022-2023, Internal discussion is still ongoing for the project. the RFQ for the LSTK contractor is likely to release in Q1 FY 2022-2023.  
Details

Daily import matrices

Jan 21: Get the daily updates for
8LNG 
8Crude
8Chemicals
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates
Click on Reports for more Details

India's transition to a gas economy: May not ever happen

Jan 20: India's domestic gas production profiles say a lot about how the gas pricing regime has stymied the entire system.
8In nomination blocks that are under the aegis, particularly of ONGC, where prices are pegged very low, production has been declining, with output well below that of last year.
8On the other hand, private sector or joint venture output, where pricing is capped but at a much higher level than that of nomination blocks, the output growth is twice that of last year.
8Ideally, if prices are allowed to be discovered through the market mechanism, as is now allowed through IGX (allowed for up to 10% of the gas output), then prices elicited for domestic output would be way higher, and this in turn would have an impact on gas production.
8But the pricing regime is constrained by so many other considerations that India will never be able to get to the free pricing regime anytime soon.
8Our dependency on imported gas will continue to rise, and since LNG is likely to stay expensive in the foreseeable future, India's often repeated transition to a gas economy is unlikely to happen.
Click on Details for the data Details

RIL arm grants Rs 750 crore Loan to Shapoorji Pallonji Company

Jan 20: For reference purposes the website carries here the following tenders:
8Expression of Interest for Demand Forecast Tool for Retail Business Details
8Global Expression Of Interest for Integrated Development of Surface Facilities within RJ-ON-90/1 Block Details
8Wireline Logging and Perforation Services for Onshore Blocks Located in Gujarat State Details
8Assorted Pipes for PDH-PP Gail at Usar Details
8Procurement of Sodium Chlorite Details
8Loading Arms for PDH-PPU Unit Details
8Supply Installation & Commissioning SITC of Console Panel Details
8Procurement of electrical insulating rubber/ synthetic mats Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8IEA tweaks oil demand projections higher Details
8TotalEnergies brings in Maersk rig for North Sea job Details
8Tight physical crude market points to higher oil prices Details
8China sees 2022 as crucial for its EV industry Details
8Iraq resumes oil exports via Turkey after Kirkuk-Ceyhan pipeline outage Details
8Global refinery closures outweigh new capacity in 2021: IEA Details
8Hydrogen - the 'no-lose bet' for fossil-fuel industry? Details
8Global oil demand to surpass pre-pandemic levels in 2022 as omicron fears subside: IEA Details
8India's affinity for US shale plays fading slowly but surely Details
8Asian refiners cold shoulder arbitrage barrels amid unfavorable economics Details
8Ethylene-naphtha spread tumbles to 20-month low on bearish ethylene complex Details
8RIL arm grants Rs 750 crore Loan to Shapoorji Pallonji Company Details
8TRENDS: IEA warns of potential volatile year for oil market Details
8India's oil production continues to slip, down 2% in December Details
8Oil prices ease from 2014 high, supply concerns limit losses Details
You can also click on Newsclips for more   Details

Oil India Ltd: Lot of aspirants for a director's slot

Jan 20: 8In Oil India, there are a lot of potential candidates for this director's slot
Click on Details to know more Details

Daily import matrices

Jan 20: Get the daily updates for
8LNG 
8Crude
8Chemicals
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates
Click on Reports for more Details

Chemical sector capex plans

Jan 20: Capex plans have been lined up by the following chemical companies:
8Rashtriya Chemicals & Fertilizers
8Dipin Chemicals
8Tagros Chemicals
8MVL Medisynth
8Suraj Laboratories
8GSP Crop Science
8Sarvottam Decor
8Besi Drugs
8Otsuka Chemical India
8White Field Chemicals
8Feel Organic
Click on Reports for more
Details

Software update: Fertilizer projects

Jan 20: Effluent Treatment Plant Up-gradation Project
8Cost: 101 Cr.
8Project Event: All the procurement work has been completed and all the long lead items have reached  the site. Ion-exchange India Ltd is the LSTK contractor. The construction is likely to be started at the end of Feb 2022 in place of December 2021, due to Covid.
Sulphuric Acid Greenfield Project
8Cost: 50 Cr.
8Project Event: The review is still ongoing in the MoEF, clearance is likely to be elicited in February 2022, RFQ for the local contractor as well as equipment supplier is likely to be released in March 2022. Details

Arecelor comes to the rescue of Shell's Hazira terminal

Jan 20: Arecelor Mittal Nippon Steel Ltd has come to the rescue of Shell's Hazira terminal
8One cargo is coming in after a long period of dry run in this 5 MMTPA terminal
The cargo's origination is Ras Lafan
Click on Reports for more Details

ONGC plans 10 development wells in Assam

Jan 20: 8These wells are in Rudrasagar, Geleki, Lakwa, Namti, Mekeypore-Santak-Nazira PML areas
Click on Details for more
Details

ONGC's Bengal Purnea Basin block: RFQs ahead

Jan 20: 8ONGC has a block in the Bengal Purnea Basin
RFQs are ahead Details

India's Mongolia refinery: Stymied by the Chinese?

Jan 19: India's effort to set up a refinery in Mongolia seems to have run into some problems
8There is a Chinese angle now
Click on Details for more
Details

Haldia Petrochemical's Cuddalore complex: Two bidders drop out, will there be more?

Jan 19: 8At least two EPC bidders seem to have dropped out of the race for the Haldia Petrochemical complex at Cuddalore.
8And there may be more on the horizon
Click on Details for more Details

CGD business model: Is it already under threat?

Jan 19: The CGD segment saw a big boost in the latest auction round.
8But there will be many challenges ahead.
8Already, electric vehicles are making an impact on at least one CGD player, and this is going to be the trend going ahead.
8As a matter of fact, the CNG section, the largest demand creator, may suffer a breakdown, leaving CGD players to compete in the non-lucrative household gas supply business and the industrial category, where the exclusivity is only up to 50,000 scmd
8Tough times are ahead for CGD players.
Click on Reports for more Details

Key trends to look out for in 2022 and ahead

Jan 19: The world's best research has come up with the following findings:
8Crude prices in 2022 will remain confined in the USD70/bbl and USD90/bbl range (even though Goldman Sachs sees prices at $150/bbl)
8Russia will hold the key to how global LNG prices are going to behave, know why
8Only a few years are left for new LNG capacity to come up, after that it will have to stop, no matter what.
8Series of climate change impact reports in the first half of this year will determine the long term fate of the oil & gas industry
8Methane is the second-largest contributor to warming after carbon dioxide. And this is where the gas industry comes into serious roadblocks from this year onwards
8Green hydrogen takes off all over the world but in India it will take time
8From `Carbon-Neutral’ to `Greenhouse Gas Verified’ LNG cargos in 2022. That will be the new change
8India's energy policies are fraught with uncertainties, and the transition to a gas-based economy has upended by high prices
Click on Reports for more   Details

ONGC's Production Enhancement Contracts: Enough time given

Jan 19: 8ONGC is eventually putting out some of its onland fields for production enhancement by roping in the private sector.
8And it is providing enough leeway to potential bidders
Click on Details for more Details

Tripura: Pipeline makes local gas more fungible

Jan 19: Tripura is a landlocked state and evacuating gas from there is always a problem
8But the bottleneck is now over
8And ONGC is in a position to auction gas, with a promise to the offtaker that gas sales will only take place once the connecting network is ready
Clcik on Reports for more Details

ES Ranganathan's arrest: Life goes on otherwise

Jan 19: Now that GAIL marketing director has arrested and is unlikely to return, GAIL is now going about the business of running itself properly
8Life has changed permanently for ES Ranganathan but life has to go on otherwise
Click on Reports for more Details

Drone attacks in UAE but dangerous precedents may get set in India

Jan 19: Drone attacks on the UAE have pushed oil prices to record high
8They were last higher than what they are today in 2014.
8Yet Indian retail prices are not moving up in tandem, they have remained unchaged
8This is a precedent fraught with danger Details

The TAPI pipeline: Ready to go again?

Jan 19: 8Is the off again, on again pipeline project on again?
Click on Reports for more Details

Software update: Fertilizer projects

Jan 19: Ammonium Nitrate Greenfield Project
8Cost
:1750 Cr.
8Project Event
Casale has been hired as the Technology Licensor, The piling work is likely to be started in February 2022, The project is likely to be commissioned in August 2024.
SSP Fertilizer Greenfield Project
8Cost
: 90 Cr.
8Project Event
The project is still on hold, it is likely to be active in Q1 FY 2022-2023, Internal discussion is still ongoing for the project. the RFQ for the LSTK contractor is likely to release in Q1 FY 2022-2023.  
Details
  • Jan 19: India and IRENA strengthen ties as country plans major renewables and hydrogen push:Details
  • Jan 19: Specialty chemicals is the flavor of the season :Details
  • Jan 19: Jalore and Sirohi Districts City Gas Distribution Project: Update:Details
  • Jan 19: Haldia Petrochemical's Cuddalore complex: Two bidders drop out, will there be more?:Details
  • Jan 19: India's Mongolia refinery: Stymied by the Chinese?:Details
  • Jan 19: Daily import matrices:Details