8The government's Bio-CNG plans are worth Rs 7000 crore. Find out more. Click on Report. 8The government is seeking new ideas on how India's electric mobility programme is going to work. After setting a rather unrealistic target of going all electric by 2030, the government seems to be working backward to figure out how to build a pathway to achieve this objective. Re-skilling the workforce and how to go about doing it is one big idea. If you have a bright idea, now is the time to sell it to the government. Click on Report for more.
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8Project Name: Product Pipeline Greenfield Project 8Project Cost: Rs 2800 Crore 8Project Description: An existing company is planning to construct a product pipeline 8Project Event: RFQ for Project Management Consultant is expected by February 2018. 8Expenditure Approval: Sep/2017 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: Q2:2018 8Completion Date: Q2:2021 Click here for more details. 8Project Name: LPG Bottling Plant Expansion Project 8Project Cost: Rs 32 Crore 8Project Description: An existing company is planning to expand its existing capacity from 1000 MTPA to 2800 MTPA in the LPG bottling plant. Environmental Clearance is expected by April 2018. 8Project Event: RFQ for EPC contractor is expected by February 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: Q2:2018 8Completion Date: Q2:2019 Click here for more details. 8Project Name: Oil Field Development 8Project Cost: Rs 200 crore. 8Project Description: Promoter is planning development of an oilfield. The block was awarded to the company under Discovered Small Fields round 2016. Currently, the project is in initial phase. The promoter is carrying out a study of the block for Pre-feasibility report preparation. The TOR for the project is expected by Q2 2018. Moreover, the drilling for the project is expected to start by the Q2 2019. Further RFQs are expected shortly. 8Project Event: RFQs for rigs and various oilfield services is expected by Q2 2018. 8Expenditure Approval: Q4/2017. 8RFQ Date: Q2/2018. 8Release Date: Q2/2018. 8Start Date: Q2/2019. 8Completion Date: Jun/2021. Click here for more details 8Project Name: Development Drilling. 8Project Cost: Rs 400 crore 8Project Description: Promoter is planning the development drilling of 37 wells in a Mining Lease Block. The project is listed out as an expansion project for the already existing 20 wells development drilling project. Currently, the well fluid collection and testing facilities for the oil field are located a GGS and a GPC, each with a Gas processing capacity of 1 MMSCMD and 0.4 MMSCMD respectively. The rig package and pipeline contract are in the final stage of the award. RFQs for all well consumables and production equipment namely X-Mas tree, Tubing Head Spool, Hanger Flange / Tubing Hangers, Separators with all accessories, Steam Jacket, Ground X-Mas tree, Tubing Pipes for surface fittings and flare line etc are expected shortly. 8Project Event: RFQs for hiring the civil contractor for construction works are expected by February end 2018 instead of December 2017. RFQ for equipment is expected by March 2018 instead of January 2018. 8Expenditure Approval: Q4/2016 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: Jun/2018 8Completion Date: Q2/2021 Click here for more informationDetails
Coal-based Ammonia-Urea & Captive Power Plant Greenfield Project 8Cost - Rs 6500 Crore 8Project Description: A Fertilizer is planning to set up a greenfield coal-based ammonia-urea fertilizer complex with a capacity 2200 MTPD of ammonia, 3850 MTPD of Urea and 70 MW of Captive Power Plant at Chandrapur in Maharashtra. Project Consultant is Flour Daniel. EIA has not been submitted as yet. Site selection has done and an application has been submitted to the state government for allocation of land. The equipment requirements are Compressors, Turbines, Exchangers, Vaporizers, Subcoolers, Filters, Pumps, Heaters, Towers, Vessels, Storage systems, Cooler, Furnaces, Stacks, Converters, Boilers, Drums, Blowers, Economizers, Preheaters, Reactors, Tanks, Reactors, Evaporators, Condensers, Separators, Ejectors, Absorbers, Prilling towers, Absorbers, Heat exchangers, Columns Generators and more. The proposal for an environmental clearance is likely to be submitted in February 2018. 8Project Event: RFQ for LSTK contractor is likely to be released in March or April 2018. Click here for more information Sulphuric Acid and Captive Power Unit Expansion Project 8Cost - Rs 300 Crore 8Project Description: A Fertilizer company is awaiting environmental clearance for an expansion of its Sulphuric acid from 147825 MTPA to 220825 MTPA and its Captive Power Unit from 30 MW to 55 MW at Ujjain In Madhya Pradesh. The capital approval has been obtained and the public hearing process leading up to environment clearance continues.The equipment requirements are Steam Turbine Generators, Economizers, Reheaters, Boilers, Sulphur Combustor, Drying Towers, Vapor Separators, Converters, Absorbers, Absorber Exchangers, Sulphur filters, Sulphuric Melting Tank, Motors, Pumps, Boiler and its auxiliaries, Turbine and its auxiliaries, ESP, CHP, Chimney, Generator, Cooling Tower, AHP, Switchyard, Electrical equipment among others. 8Project Event: RFQ for EPC contractor is likely to be released in March 2018. Click here for more information SSP Annual Maintenance Project 8Cost - Rs 0.15 Crore 8Project Description: A Fertilizer company is planning an annual shutdown maintenance in Q2 2018 at their existing fertilizer complex at Ratnagiri in Maharashtra. The existing capacity is made up of 50000 MTPA of SSP. 8Project Event: RFQ for equipment and services is likely to be released in Q1 2018. Click here for more informationDetails
The GAIL pipeline blast killed 22 people on June 27, 2014. Twenty two people died and 40 were injured. 8An investigation was done and GAIL was found responsible for severe lapses. 8The gas major was found to be repairing the pipeline on a regular basis using temporary measures. 8The pipeline was designed for dry gas while wet gas was allowed to be plied. 8A dehydration plant was meant to set up but never was. 8There were suggestions made to use corrosion inhibitor but that was ignored by GAIL 8Scrapper pigging was not carried out in the pipeline even though that was essential to take out water and condensate 8No procedures were laid down on how temporary repairs should be carried out and this was the main reason why the blast occurred. 8A rig residue analysis, which is important to understand the health of a pipeline system, was never carried out 8Worst was that the command control structure that was an essential part of the safety regulations was there only on paper. 8What were the consequences: 22 innocent people were burnt to death in their sleep and many more were injured. 8What action action was taken against the management of GAIL: Nothing at all! 8Did anyone go to jail for loss of lives on account of willful neglect?: No! 8Was there a criminal charge on any GAIL official for loss of lives? No! 8Was anyone punished or sacked: No! 8This incident and its aftermath is a telling commentary on how the oil and gas industry functions in India. 8And the Modi government needs to fix this anomaly with utmost urgency. Click on Details for more Details
For reference purposes the website carries here the following tenders: 8Repair of IPS anomalies in Northern Region Pipelines Details 8Pre-qualification criteria for Geotechnical survey in river segment of Godavari/ Gautami river for laying pipelines Details 8Hiring of Services for performing UT thickness assessment by UT Flat detection technique for pipelines in ICDA Details 8Procurement of Molecular Sieves and Inert Ball for one dryer of each Cracked Gas, Ethylene and Propylene and for Ammonia and Chlorine Guard Beds Treater in ECU Details 8Provision of Supply and Commissioning of Pressure Transmitter at Paradeep Terminal Details 8Procurement of Flow Control Valves and Pressure Control Valves Details 8Piping, Mechanical, Structural and other associated miscellaneous works for new NHT, CCR, NSU and MS Blending Units for BS-IV Project at refineryDetails 8Supply of Refinery Gas Analyzer Standard at refineryDetails 8Carrying out Portable Effluent Treatment Plants Services for Drilling Rigs in Tripura AssetDetails 8Procurement of Choke and Kill Manifold of 5000 PSI rating for Well Services in Mehsana AssetDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Soon, fossil fuel technology that does not pollute Details 8Israel's oil refineries to build 135 MW natural gas power plant Details 8MP cabinet approves increase in cess imposed on petrol, diesel Details 8Cabinet approves MoU between India and Israel for cooperation in Oil and Gas Sector Details 8Second Russia-China oil pipeline becomes operational Details 8RIL likely to see big cash flow boost, says CLSA report Details 8America could become oil king of the world in 2018 Details 8An economic turnaround in 2018? A lot depends on Modi govt's skills to deal with these issues Details 8China and India dominate planned pipelines additions Details 8ONGC to install system to detect oil leak/theft Details 8RIL to reap project gains Details 8India will outgrow China in 2018 Details 8ONGC- HPCL deal: A spanner in the works? Details 8Govt looks to split GAIL into two units, separate marketing operations Details 8Govt targets 90 reforms to climb rank in World Bank's Ease of Doing Business report Details You can also click on Newsclips for moreDetails
Unbundling GAIL has been a cause of much debate and friction in India 8Should the unbundling process be gradual or quick? 8While apologists have their reasons and whether or not open access measures eventually result in an efficient actively competitive natural gas market is the final proof of whether mechanisms for unbundling have been successful or not. 8What is more, the unbundling process is of great importance, and depending on the extent to which unbundling takes place, it can be split into different categories 8The reform of the natural gas market is a long-term and difficult process, requiring a particular political environment, relevant infrastructure and associated government policy. 8India is way behind in the process Find out more bout how to unbundle the gas major. Click on Report for moreDetails
GAIL's controversial single tariff mechanism is being seen by the gas major as a way to retain its grip on the pipeline infrastructure in the country. 8It is an attempt to elicit a single window opportunity to elicit a 12% post-tax return on its pipeline investments. 8The gas major claims that its return on investment so far has been far below the normative rate of return needed for pipeline investments 8GAIL has shared a lot of relevant data on return on investment on its major pipelines as well as capacity utilization data along with last three year data on contract quantity and actual volume drawn in its cross-country pipelines to buttress its claim for a single tariff across all pipelines 8"This is just GAIL's way to retain its monopoly over the network, and prevent any action to split up the company into its transmission and trading arms. By claiming a single tariff, it intends to bring in a certain respectability to its transmission monopoly, as also prevent competitors to provide better and more efficient transmission related services. It is trying to kill many birds with one stone," a bulk buyer of gas from GAIL told this website on condition of anonymity. Click on Reports for moreDetails
The website carries here a detailed investigation of the two emerging trends in the LNG market that GAIL has not been able to take advantage of, as a consequence of which it has been forced to look at bringing the bulk of the US LNG commitments to India, the only market is is familiar with. 8One is the point to point asset specific sale of LNG, which GAIL is familiar with, and the other is an integrated production, supply, trading and marketing (ISTM) sales strategy that GAIL has not been able to come to grips with. 8The ISTM approach allows for both spatial (optimization between different locations) as well as temporal (optimization between different time frames) flexibilities. 8The latest data carried here by this website will show that all the big names with equity LNG are already heavily into the portfolio business as part of their ISTM strategies, with portfolio deals stretching well into the future. 8GAIL, an equity holder for 5.8 MMTPA of LNG out of the US, seems to have missed the portfolio bus almost entirely. 8Except for placing a small quantity of LNG on a long term basis, the Indian gas major has not been able to push its way through in this highly sophisticated and competitive market. 8GAIL's approach so far has been one dimensional and ham handed: that it will somehow be able to garner sellers in Europe or somehow bring the LNG to India, either directly or via the swap mechanism. 8But GAIL seems to have been both out gunned and out maneuvered. 8GAIL has been reactive when it should have been proactive. All it really does is to float an international tender to swap or sell its LNG commitments, much the same way as it does when ordering for a spot cargo India, and then wait for someone to respond. 8But as the Indian gas major waits for a response, more agile players would have already tied up the business. 8It is too late for GAIL to learn the tricks of the trade, as it requires a sophistication of approach and specialized manpower that the company lacks. 8The company has no option but to offload its US commitments into India at a huge discount. 8A hit of USD1/mmBtu if not more -- which all but inevitable as of now -- could wipe out as much as 22% of GAIL's EBIDTA. 8Everyone is now waiting to figure out what is going to be the exact level of discount -- as that will depend on the prevailing ex-ship LNG price in India -- and by how much will GAIL's profitability be eroded by the discount. Click on Report for moreDetailsDetails
GAIL's attempt at playing the volatile LNG market will be tested by at least one of its swap arrangements. 8The attempt by GAIL to take delivery of oil-indexed LNG in return for Henry Hub based FOB sale from its US commitment will be watched keenly by analysts. 8Most believe that deal was made on the basis of horse sense instead of any complicated predictive modeling. 8Will such kind of gambling really work? 8The fact is that after the oil price crash, GAIL's 5 MMTPA of US LNG offtake commitments are no longer viable for the Indian market and swapping will not mitigate or take away this underlying problem 8Unfortunately, GAIL has not invested enough in acquiring the prerequisites to become a global gas trader and it faces many disadvantages that its competitors or counterparties do not 8GAIL is both outgunned and outmaneuvered. Find out more, Click on Reports and also see DetailsDetails
GAIL has proudly claimed that it has fully tied up its US offtake contracts but that is a lot of filibustering in such as claim that the maverick GAIL management is now well known for. 8The point to note is that GAIL is tied up with long term gas off take contract while these tie-ups are extremely short term in nature. 8Unless long term offtake deals are signed, they will continue to remain a big risk 8A hit of USD1/mmBtu on the whole quantity -- which is entirely a possibility -- could wipe out as much as 22% of its EBITDA. 8Right now, GAIL faces a serious problem on the offtake front without a resolution in sight. 8The problem is that there is wall of silence around it. 8How can a publicly funded company stay completely quiet on a development that can burn a big hole in its profitability and, if the condition persists as it well might, wipe out its networth still remains a big mystery. Click on Reports for more details on thisDetails
The website carries here a classic case of how stakeholder interests have been managed by a pipeline construction company against the laying of a pipeline 8Quantitative analysis of the kind of job losses and impact on state GDP was documented by the pipeline company 8The total annual economic lost opportunity in case the pipeline was not built was highlighted not just in the midstream but also in the downstream segments 8The pipeline cost was segregated into different elements, from employee compensation to engineering to iron and steel pipe manufacturing and costs were further refined to capture only the spending that would occur in the specific states through which the pipeline would be traveling. 8Downstream costs were also calculated in terms of savings emerging to consumers with the purchase of gas 8There were a total of 536 parameters over which cost savings were divided up 8An economic cost estimation software was used to then fully capture the economic consequences. 8There could be two reasons why GAIL did not follow the cost-benefit approach: one could be that it was confident of using the administrative, law and order and legal routes to work for it, while the second reason could well be that such an analysis would have shown up the savings possible as not large enough for the states concerned. If it is the second reason, then there is cause for concern for the gas industry as a whole. A third reason could well be that no one in GAIL thought that there would ever be a need for such an exercise to appease stakeholder interests. Click on Reports for moreDetails
The ham-handed manner in which GAIL has tackled opposition to the construction of its pipeline network out of the Kochi LNG terminal can become a business case study of how not to bungle up a pipeline project. 8The initial reaction of GAIL to farmers opposed to the laying of the pipeline through their lands was to handle it as an operational or even a law and order problem 8When that did not work, it took to legal recourse 8When the state government suggested a way out, the gas major refused to cooperate 8Instead what GAIL should have done was to create a congenial environment for fruitful stakeholder interactions. 8The company's brass had consistently deployed officers who were good at implementing pipeline projects but not at stakeholder conciliation. The goodwill therefore never got generated. 8An outreach campaign came too late in the day. Click on Reportsfor moreDetails
GAIL uses its monopoly powers to exploit its customers. 8The source of this power emanates from the fact that it is both a monopoly pipeline owner as well as a marketer of gas. 8The allegations, however, have never been entirely proved but a comprehensive investigation by the Competition Commission will soon nail the truth once and for all. 8GAIL's claim has always been that back to back obligations force an onward imposition of Take or Pay (ToP) conditionalities on customers and its conduct has never been one where it abuses its monopoly supplier status. The Commission is now going to dig up all the relevant information needed to either prove or disprove GAIL's claim, by looking into: 8The different sources of gas procurement by GAIL and the nature of arrangements with each supplier including price and ToP liability under each such arrangement 8Whether the gas supplied to the customers is supplied from a commingled stream, in which case, what is the basis for price determination/ revision from time to time 8Whether ToP liabilities are always imposed on GAIL by its upstream suppliers which are then passed on to customers 8Whether GAIL suffers losses, as it claims it does, on account of non off-take or under-drawl of gas by its contracted customers 8What were the total ToP liabilities levied by the GAIL on all its customers located across India in recent years 8Whether GAIL has indeed adopted any discriminatory practice in the imposition of ToP liability across its customer base 8Whether GAIL imposed full ToP liability only in cases where the concerned buyer contested the legality of the ToP claim or resorted to litigation or arbitration proceedings 8Details of policy, if any, of GAIL regarding the imposition of different liability upon different classes of customers. Click on Reports for moreDetails
A report is out in the Times of India that the government is thinking of splitting up GAIL. This website argues here that this is as good a time as any for the government to rethink its policy of opposing PNGRB's long standing suggestion to split up GAIL's transmission and marketing functions. 8There is a clear conflict of interest here, as GAIL's network is the backbone of India's gas transmission infrastructure and yet the same company uses up to 80% of this capacity. 8There are many examples of how GAIL pressurizes its customers into one sided gas sales agreements. 8A recent complaint filed with the PNGRB speaks of shocking highhandedness by the public sector gas major with its customers. 8Then again, other gas suppliers speak of how GAIL creates all kinds of entry barriers, including direct and indirect sops, to retain existing customers when a competitor reaches out to them. The informal waiving of Take or Pay conditions for customers when another supplier comes knocking is a way to keep a customer away from a competitor who cannot afford to waive that clause. 8"Most of GAIL's marketing policies are monopolistic in nature and violate competitive principles but such is the terror unleashed by this monopoly supplier of gas on consumers that most choose to stay quiet than to speak out," a big gas buyer told this website. 8The views of the Modi government on breaking up GAIL into its transmission and marketing arms are not known but the signals now are that it does not support the status quo. 8GAIL recently got an infusion of government funds to build the trunk Jagdishpur-Haldia pipeline. This is an argument often used by GAIL to silence its critics: that it builds pipeline infrastructure in places where others will not go even though the counter argument could well be that any pipeline company will build such a pipeline if viability gap funding is granted . 8GAIL is a corporate entity driven by profit as much as its competitors are. It will never lay a pipeline that does not provide for a positive NPV. 8The sooner GAIL's monopoly is broken up, the better it is going to be for India as the free play will allow more sophisticated global and local players to enter the gas supply business to be benefit of buyers. Click on Reports for moreDetailsDetails
8Over 50 electric vehicle (EV) experts and 250+ industry professionals will be present at India's largest EV conference. Find out more. Click on Report. 8When supply exceeds demand in LNG, Europe is the place where the equilibrium price of LNG will be determined. Find out how. Click on Report. 8The landed price of LNG in India is still the highest in the world. Get a comparative assessment of landed prices around the world and why Indian prices are high.Click on Report for more. 8The Indian tendering system is such that it leaves out the best suppliers in the world, settling instead for the second best. The website profiles here the world's only high speed filling system in the world. But how many bottling plants in India are using it? Click on Report for more. 8Latest energy efficiency trends and where does India stand in all this. Click on Report for more. 8Petronet LNG Ltd's volumes are set to rise in the future on the back of good industrial demand. Power sector demand is also set to go up. Find out more. Click on Report. 8Get the Indian perspective on how oil prices are going to behave going ahead. Click on Report for more. 8A spate of VLCC orders were placed recently. Know more. Click on Report. 8Clean coal technology has not yet had the impact that was envisaged, while technological developments in renewables have leapfrogged ahead. Is this about to change? Click on Report for more. 8Here is an update on global taxation developments with possible fall out for India -- Changing approaches to managing rotator populations in the light of an oil price that is likely to remain “lower for longer.” -- The latest VAT developments affecting the industry in the Persian Gulf region --The implications of changes to accounting rules applicable in the member states of OHADA (Organization for the Harmonization of Corporate Law in Africa), which covers Francophone Africa -- Recent changes to the tax regime in Indonesia intended to encourage new investment in upstream projects. Are there lessons for India? Click on Report for more.
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Find out more on the GST level that the market is expecting for gas 8How much is expected on CNG? 8Gas companies are set to gain as GST paid can be set off on input gas purchased 8How does the relative economics of gas work out in relation to liquid fuels? 8Will demand for LNG go up as a result of improved economics? Click on Reports to find out more
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The first every study of how subsidies pan out in the Indian energy sector is out. 8While subsidies have come down in the petroleum products, it has gone up in the transmission and distribution sector. 8Subsidy on renewable energy is up but not by as much as was expected. 8Coal subsidies have remained stagnant 8Overall, the scale of support to fossil fuels (coal, oil and gas) has remained more significant than subsidies to renewables 8So what does the survey help in doing? 8In targeting subsidies better, making them more transparent 8What is more, worldwide best practices in targeting subsidies better are documented with recommendations on what India should do. 8China and Indonesia, India’s largest peers in Asia and fellow members of the G20, have both opted for self-reports and peer reviews of fossil fuel subsidies as a first step and practical tool to phase out inefficient fossil fuel subsidies Click on Reports for more
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That hydrocarbon exploration is a risky business is evident from the following facts: 8Of the 360 blocks offered under NELP, just 68 are currently active. 8Of the 81 offshore blocks awarded, just 2 are active 8Of 59 shallow water blocks, 17 are operational 8Of 114 onland blocks, 49 are active 8So if prospectively is what is being looked at, onland is better than offshore 8Almost all onland blocks make money once they become operational Click on Reports for more
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Find out by how much will ONGC gas output go up anually over the next four years 8When is the KG-DWN-98/2 likely to kick start? 8By how much is APM and non-APM price expected to go up over the next four years? 8And by how much have finding costs gone down? 8And by how much has offshore drilling costs reduced? 8What kind of further opex saving does the company expect? Click on Reports for more
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It is all good for ONGC from here onwards 8Gas volumes from upcoming investments are expected to go up by close to 40% in 4 years 8The highly profitable new petchem capacity (OPAL) will ramp-up to 80% utilisation by March 2018 from current 50% 8Realisation will jump: APM gas price will structurally revive with a lag to oil price rise. 8Moreover, most new fields will attract ~2x APM gas price 8Cost efficiencies will improve: Operating costs will remain low post the 32% fall since CY16, due to lower equipment costs and higher drilling efficiencies. Click on Reports for more
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8Project Name: Product Pipeline augmentation project 8Project Cost: Rs 277 Crore 8Project Description: An existing company along with EPC contractor is planning to augment its pipeline capacity to 6 MMTPA of petroleum products from the existing capacity 4.6 MMTPA. No additional land would be required for the project. Work is to be done in the existing stations only not in pipeline route. It includes replacement of 1 existing motor-driven Main Line Pumping Unit (MLPU), Replacement of 2 existing mainline pumps, Installation of 3 (2+1) motor-driven MLPUs. 8Project Event: RFQ for the listed equipment is to be expected by last week of February 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: Q1:2018 8Completion Date: Q1:2020 Click here for more details. 8Project Name: POL Terminal Expansion Project 8Project Cost: Rs 108 Crore 8Project Description: An existing company is planning to expand its POL capacity from 82515 KL to 199725 KL by installing tanks with a capacity of 2 X 600 KL of ethanol, 4 X 25,000 KL of HSD, 1 X 12,000 KL of HSD and 1 X 4010 KL of HSD. 8Project Event: RFQ for the Project Management Consultant is expected by March 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Mar/2018 8Release Date: Apr/2018 8Start Date: Q2:2018 8Completion Date: Q1:2020 Click here for more details. 8Project Name: Oil Field Development 8Project Cost: Rs 150 crore. 8Project Description: Promoter is planning the development of an oil field. The block was awarded to the company under-discovered small fields round (DSF) in 2016. The project involves development drilling of 9 wells and laying of an infield pipeline to connect with the nearest production facility (GGS). Currently, the project is in pre-clearance phase. Production from the block is expected to start by the end of 2019. Further RFQs are expected shortly. 8Project Event: RFQs for hiring services for rigs and other oilfield services are expected by Mar 2018. 8Expenditure Approval: Q4/2017. 8RFQ Date: Mar/2018. 8Release Date: Apr/2018. 8Start Date: Q4/2018. 8Completion Date: Q2/2020. Click here for more details 8Project Name: Oil Field Development. 8Project Cost: Rs 300 crore 8Project Description: Promoteris planning development drilling of 6 wells to augment production from an oil field. The project would also involve the conversion of 3 exploratory wells into development wells, up-gradation of the GCS and laying of an infield pipeline. The project is in the pre-clearance phase. RFQ for the project can be expected shortly. 8Project Event: RFQ for hiring EPC contractor for GCS and pipelines is expected by Mar 2018. 8Expenditure Approval: Q3/2016. 8RFQ Date: Mar/2018. 8Release Date: Apr/2018. 8Start Date: Q3/2018. 8Completion Date: Q4/2020. Click here for more informationDetails
8Project Name: Gas Turbine Power Station Maintenance Project 8Project Cost: 96 crores 8Project Description: The owner is planning to carry out a major inspection in the 187 MW Gas Turbine Power Station. The major inspection which has to be carried out at every 48000 hours of operation covers the Gas Turbine comprising of combustion chamber, hot gas path zone and subsequent replacement of damaged parts. The owner will come out with a bid for major inspection activities after getting appraisal from TNEB headquarters. The major equipment required will be valves, transition pieces, nozzles, among others. 8Project Event: RFQ for major inspection is expected by February 2018. 8Expenditure Approval: Q3:2017 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: Apr/2018 8Completion Date: May/2018 Click here for more information 8Project Name: Thermal Power Station - Dismantling 8Project Cost: 250 crores 8Project Description: The developer is planning to dismantle it's 135 MW (2x67.5 MW) coal based thermal power plant. Both units had been on reserve shut down (due to surplus power) since May, 2015. Technical details of the process are under discussion and a consultant has been hired for survey activities. The owner has submitted a closure report to the Government of NCT Delhi against which a decision is pending. RFQs for civil work and dismantling services of various equipment is expected soon.The major requirement will be cranes, dozers, dismantling services for electrical, mechanical of thermal power plant. 8Project Event: RFQ for dismantling services of various equipment is expected by March 2018 instead of December, 2017. 8Expenditure Approval: Q2:2017 8RFQ Date: Mar/2018 8Release Date: May/2018 8Start Date: Q4:2018 8Completion Date: Q1:2020 Click here for more informationDetails
Ammonium Nitrate Greenfield Project 8Cost - Rs 1750 Crore 8Project Description: A Fertilizer company has accepted the proposal for an environmental clearance for its greenfield Ammonium Nitrate project with a capacity 2550 MTPD at Jagatsinghpur in Odisha. The equipment requirements are Power receiving switchyard and sub-station, DG set, Complete firefighting system, Fire and smoke / gas detectors, Intake pipeline for water, Water treatment plant, Water reservoir, DM Water plant, DM Water tank, Condensate tank, Process water tank, Cooling Tower including pumps, motors / turbine and dosing system, Boilers and stack, Instrument air compressors, receivers and dryer, Effluent treatment plant including Reunite, Storage tanks including pumps and more. 8Project Event: RFQ for the EPC contractor is likely to be released in Q1 2018. Click here for more information Ammonia-Urea Energy Saving Project 8Cost - Rs 347 Crore 8Project Description: A Fertilizer company is planning to reduce the energy consumption of Ammonia and Urea units from 8.20 Gcal/MT to 7.70 Gcal/MT and 5.79 Gcal/MT to 5.33 Gcal/MT respectively at Thal. The capacity of the ammonia plant is 3500 MTPD and the urea capacity is 6060 MTPD. There is also as 30 MW of Captive Power Plant in the complex. The equipment requirements are Process Air Compressor (PAC), Gas Turbine, Heat Recovery Steam Generation, Pumps, Pipes, among others. The environmental clearance has not been received. 8Project Event: EOI has already been released for an LSTK contractor in November 2017, Bid submission date is extended from 29 November to 11 January 2018. Click here for more informationDetails
For reference purposes the website carries here the following tenders: 8Contract for carrying out Corrosion survey with Ultrasonic thickness measurement Gauge in the existing Underground Oil & Gas pipelines in various installations of Mehsana Asset Details 8Procurement of PLC Controlled Brake System for Drilling Services for Ahmedabad Asset Details 8Procurement of Industrial Gases for 2018-21 Details 8Hiring of Gas Compression Services on BOO basis Details 8Supply of Hydrogen Peroxide for Numaligarh Refinery Details 8Procurement of Diammonium Phosphate Details 8Annual Rate Contract for Instrumentation Scheme JobsDetails 8Breakdown Maintenance contract for velan valves installed in DCU at refineryDetails 8Procurement of New Propane ChillerDetails 8Corrigendum: Hiring of Gas Compression Services on Build, Own and Operate (BOO) basisDetails 8Health Assessment of insulated piping and equipment by Pulsed Eddy Current Testing at refineryDetails 8Health Assessment of Offsite piping at refinery by Long Range Ultrasonic TestingDetails 8Hiring of services for cleaning of CRWS and OWS System Network in Gas Processing UnitDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India's challenges to come from outside in 2018: Uday Kotak Details 8Oil trades near strongest levels since mid-2015 on Iranian unrest Details 8RIL completes $16-b expansion,doubles ethylene capacity to 4mt Details 8India to start construction of Mongolia's first oil refinery Details 8India’s corporate investments have hit a 13-year low Details 8Crude oil marks highest January opening price since 2014 Details 8We need to balance consumer comfort, government budget and HPCL’s financials: MK Surana Details 8Moody's sees oil prices at $40-$60 per barrel this year Details 8Russian daily crude oil output edges up in 2017 to 30-year high Details 8Crude oil price inches towards $70 to add to Modi’s headache amid mounting fiscal concerns on other fronts Details 8Energy security: Why India needs to step on the gas Details 8First round of oilfield auctions to end by March; award of blocks by June Details 8Oil prices close to mid-2015 highs, but doubts over further rises loom Details 8BP takes $1.5 billion hit over U.S tax changes, joining Shell Details 8Government proposes fiscal incentives for boosting oil, gas output via EOR Details 8Tanzania's Swala Oil to buy stake in Orca's PAE in $130 million deal Details 8Centre’s plans to build LNG ships go up in smoke Details You can also click on Newsclips for moreDetails
8Project Name: Thermal Power Station Maintenance Project (Unit-7) 8Project Cost: 18 crores 8Project Description: The owner has planned an 8-day scheduled maintenance of Unit-7 (135 MW) in the 1080 MW Thermal Power Station covering boiler and its auxiliaries that will include maintenance and inspection of equipment comprising boiler tubes, boiler refractories, filters, valves, piping, inspection of oil in boiler and refilling it, among others. 8Project Event: RFQ of equipment required is expected by second week of January 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: 10/Jan/2018 8Release Date: 28/Jan/2018 8Start Date: 12/Feb/2018 8Completion Date: 27/Feb/2018 Click here for more information 8Project Name: Retrofitting of Condenser in Thermal Power Station 8Project Cost: 27 crores 8Project Description: The owner is planning to retrofit and modernize the existing condenser in unit-1 (210 MW) of its existing 1050 MW (5*210 MW) Thermal Power Station. The tube plates of condenser have corroded severely due to sea water applications and also it has served its life period. The condenser was supplied by BHEL. Administrative approval is awaited, subsequently after which the procurement team of the owner will come out with a bid for the retrofitting of condenser. The major equipment required will be condenser tubes 8Project Event: RFQ for retrofitting of condenser is expected by February 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Feb/2018 8Release Date: Feb/2018 8Start Date: Mar/2018 8Completion Date: May/2018 Click here for more informationDetails
8Details of the quantity of gas supplied to 21 States and Union Territories (UTs) in India and GAIL's share of this gas. Also know how much is the total production and how must gas has been imported during the last three years and the current year (April-November, 2017). Click on Report for more. 8Get details of the clutch of policy initiatives that the government has taken to raise domestic production of gas. Click on Report for more. 8The relationship between the oil marketing industry and retail outlet dealers has been fraught with tension. Here is an update on where it stands as of today. Click on Report for more. 8Find out more on why India's assessment of its shale oil reserves may have been over estimated. ONGC, for example, has claimed that Cavuery and Assam have no or little shale oil prospects. Click on Report for more. 8The PNGRB is now back to functioning in full strength. Expect a slew of decisions from the regulator soon. Click on Report for more. 8Find out how a well located in the West of Mumbai High Field has dramatically changed the prospectively of the area for ONGC. Click on Report for more. 8Find more details on 146 GAs for the next bidding round based on pipeline connectivity, gas availability and techno commercial feasibility. Click on Report for more. 8Get full details of CNG stations in the country State/UT-wise and company-wise. Click on Report for more. 8Find out more on what kind of action Haryana City Gas Distribution Ltd. is facing action on two of its unauthorized CNG centres. Click on Report for more. 8What is the rule when it comes to ownership of CNG stations which are not within the geographical area of an authorized entity? Find out more. Click on Report. 8State governments have made a series of representations to the PNGRB on CGD related issues. Here is a synopsis of all of them. Click on Report for more. 8Expect more farm-ins into acerages held by ONGC and OIL in the future and the Discovered Small Fields Bid Rounds will not be the only way to do so. There are two other models that the government is investigating. Find out more. Click on Report. 8The website is tabulating here all the increases and decreases in the price of SKO and ATF over the past three years until now. Click on Report for more. 8Get a list of state-wise effective rate of duties on petrol and diesel here. Click on Report for more. 8What effective steps have the government taken to promote bio-diesel in India? Find out more. Click on Report. 8The construction work on the Kochi-Kootanad-Bengaluru-Mangaluru Pipeline (KKBMPL) is on a dual speed mode. The Kochi-Kootanad-Mangaluru section is at an "advanced stage" while the 434 Km Kootanad-Bangaluru segment continues to be in trouble. Find out more. Click on Report. 8A total 57 EoIs were received under the new E&P policy by the DGH, out of which 48 are for onland basins, 8 are for shallow water basins and 1 is for deep-water basin. The Government has finalized 55 blocks for international competitive bidding. Total area admissible under these EoIs is 59282 sq. km. Find out more. Click on Report. 8Find out more on the sitting fees paid to independent directors by different public sector companies. What norms are followed for their appointment? Click on Report for more. 8Details of state-wise allocation of PDS Kerosene made to states during the last three years. Click on Report for more. 8Requests are pouring in for state governments for funding of petroleum projects through the viability gap funding route. What is the government doing about it? Click on Report for more. 8Big electric mobility conference is coming up. Click on Report for more.
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8The Nifty Energy Index has posted one of the highest returns among all segments in 2017 even though the health of the oil & gas industry is far from normal. 2018 has been projected to be an even better year. Find out more. Click on Report. 8Who is the best-in-class pipeline solutions provider in the world? Find out more. Click on Report . 8Find out more on what kind of monthly LNG supplies India has been receiving from the US in 2016 and 2017 in relation to other importing countries such as China, Japan and Korea. Click on Report for more. 8Get Adani Port's berthing policy and tariff structure here. Click on Report for more. 8Increasing Imports, Declining Exports & Premature Deindustrialization: Pakistan's economy is not in good shape. Click on Report for more. 8L&T has been pushing green technology in most of its projects. Get details of what exactly has it been doing. Click on Report for more. 8Proposed changes in CGD bidding criteria to tighten the bidding process for new cities. Know more. Click on Report. 8A big mobility conference is coming up in Delhi and the oil & gas industry must participate. Know more. Click on Report. 8A policy to push methanol into petrol and diesel is in the offing. Find out more. Click on Report. 8Find out the finer details of the Indian Institute of Petroleum and Energy Bill, 2017. Click on Report for more. 8Find out more on how the Zuari group is emerging as a big buyer of gas in India. Click on Report for more. 8Even though the Chinese have been running into some heavy weather in Pakistan, the China Pakistan Economic Corridor is the only way Pakistan can solve some of its major economic woes. A project wise listing of Chinese-led infrastructure building spree is carried here as also a compilation of research papers on the subject. Click on Report for more. 8The Gujarat refinery expansion is in fact made up of three distinct projects. Know more. Click on Report.
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The Iran-Pakistan-India pipeline may not eventually reach India but may actually stretch to China. 8It is learnt that a global consultant has been appointed to look at the extension of the line to China 8Two EPC contractors are on the job for the pipeline 8Iran is reported to be keen on pushing ahead an extension to China Click on Reports for more on the names of the consultant and the contractors
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Indraprastha Gas has passed on only a part of the benefit of APM gas price reduction to end consumers 8As a result, the company's EBITDA margins have increased 8Cheap domestic gas supply is guaranteed to CGD companies 8What is more, gas enjoys a low indirect taxation regime compared to petrol and diesel 8But with Euro-VI emission norms, the emission distortion between gas and liquid transportation fuels will merge, forcing the government to rethink its policy to subsidize the use of gas. 8Then again, is there a need to regulate the end prices charged by CGD companies? Click on Reports for more
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10 of the world’s top 30 flaring countries by volume are located in the Asia-Pacific region 8And India figures high up on this list. 8China, a larger producer of gas, is behind India. 8Not only are India's gas flaring volumes high so is its flaring intensity Find out more. Click on Report.
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The world's first 300-MW-class 100% biomass-fired new-build power plant has been built. 8A full brief on the plant is carried here. 8The plant goes to prove that for a wide range of biomass and waste fuels circulating fluidized bed boilers provide considerable fuel flexibility, high steam parameters, and good reliability. 8Are there lessons for India? Click on Reports for more
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8What will the likelihood of bringing gas under GST entail for the industry? How will the arithmetic change? By how much will it widen the gap between CNG and diesel and petrol? Find out more 8What will put Petronet LNG at an advantage over its competitors when new terminals come up? Know more 8Which are the new LNG terminals coming up and what are their realistic commissioning dates? 8What is the status on H-Energy's Jaigarh project? Find out more on its FRSU chartering deals 8More on why global LNG prices are expected to stay benign. 8How is it that IGL enjoys a greater valuation than MGL? What are the drivers? 8Petronet LNG is expecting to break even in the Kochi terminal. Find out how and when Click on Reports for more
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Cost - Rs 217- 261 crore each. 8Project Description: Three company are in the race for these energy saving projects Get full details of these projects, including all technical parameters 8Project Event: The tender has already been released for an LSTK contractor in March 2017 and finalization is due in January 2018. Click on Reports for moreDetails
8Project Name: Oil Field Development. 8Project Cost: Rs 70 crore. 8Project Description: Promoter is is planning the development of an oil field. The block was awarded to the company under the discovered small field round in 2016. The project involves workover of 2 temporarily abandoned wells and development drilling 5 wells spread over an area of 15.10 sq. km. Moreover, the project also involves laying of pipelines for connecting the oil field with nearest production facility. Currently, the project is in pre-clearance phase. The TOR for the project has been granted now. However, a slight delay is expected on account of a few resignations. Further RFQs for the project are expected shortly. 8Project Event: RFQ for hiring a consultant for EIA services is expected by February end 2018. RFQ for hiring rigs and other oilfield services is expected by February end 2018. 8Expenditure Approval: Q2/2017. 8RFQ Date: Feb/2018. 8Release Date: Mar/2018. 8Start Date: Q2/2018. 8Completion Date: Q4/2019. Click here for more details 8Project Name: Drilling Site Development 8Project Cost: Rs 100 crore 8Project Description: Promoter is planning development of an onshore field awarded to it under the discovered small fields round in 2016. The project involves workover of 2 existing wells and drilling of five development wells in the block. Moreover, the project will involve the laying of pipelines to connect the oil field with the nearest production facility. Currently, the project is in pre-clearance phase. The FDP for the project is under preparation which is expected to be completed by next month. The TOR for the project has been approved.However, a small delay is expected in RFQs on account of a few resignations. Further RFQs for the project are expected shortly. 8Project Event: RFQs for hiring consultant for EIA services are expected by February end 2018. RFQs for hiring services for Rigs and other oilfield services are expected by February end 2018. 8Expenditure Approval: Q2/2017 8RFQ Date: Feb/2018 8Release Date: Mar/2018 8Start Date: Q2/2018 8Completion Date: Q2/2020 Click here for more information 8Project Name: Refinery BS VI Up-gradation Project 8Project Cost: Rs 3200 Crore 8Project Description: An existing company along with EPC contractor and licensor is planning to construct the following new units DHDT of 1200TMTPA, ARU of 200 TPH, Sulphuric Acid Plant of 370 TPD and revamping of Prime-G from 0.3 MMTPA to 200 TMTPA, HGU from 75 TMTPA to 90 TMTPA to meet BS-VI Fuel Quality Up-gradation within the existing Refinery. Environmental Clearance is expected by March 2017. Tendering process for the equipment is going on. 8Project Event: RFQ for civil work is expected by February 2018. 8Expenditure Approval : Q3:2016 8RFQ Date : Feb/2018 8Release Date: Mar/2018 8Start Date : Q1:2018 8Completion Date : Q3:2020 Click here for more details. 8Project Name: Brownfield LPG Bottling Plant 8Project Cost: Rs 32 Crore 8Project Description: An existing company along with EPC contractor is carrying out construction work to expand its LPG bottling. capacity from 900 MT to 2400 MT by constructing a new 3 X 500 MT mounded storage vessels. At present civil work and tendering process of the equipment is going on 8Project Event: RFQ for erection and installation work is expected by March 2018. 8Expenditure Approval : Q1:2017 8RFQ Date : Mar/2018 8Release Date: Apr/2018 8Start Date : Q3:2017 8Completion Date : Q1:2019 Click here for more details.Details
For reference purposes the website carries here the following tenders: 8Procurement of Valves at refinery Details 8Gas Sale from Khoraghat field of Jorhat Asset Details 8Gas Sale from Hazarigaon field of Jorhat Asset Details 8Corrigendum: Non Destructive Testing by UT Flaw Detection with reports for Underground Non-Piggable Pipelines of VSPL Details 8Corrigendum: Cleaning Pigging of Pipelines under NCR Details 8Supply of Hydrogen Peroxide for refinery Details 8Supply of Pipes for Cooling Coil for 26 Refinery Vessels under Third Party Inspection with MTCDetails 8Lining up of Detailed Engineering Consultant for infrastructure at Gujarat Refinery and Dumad for Koyali-Ahmednagar-Solapur PipelineDetails 8Supply of Flowserve make Mechanical Seal SparesDetails 8Supply of manually operated BOPDetails 8Supply of MS and CS EFW Pipes in refineryDetails 8Onsite calibration of testing and measuring equipments at refineryDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8As crude oil prices, 7th Pay Commission expected to push inflation up, RBI may not cut rates in 2018 Details 8Latest LPG Cylinder price: Subsidised, Non-Subsidised rates in top cities Details 8UAE and Saudi Arabia end tax-free living, roll out 5% VAT as oil revenue slump Details 8Crude Oil price trading sideways Details 8Six months of GST: Here’s where India is under new tax regime Details 8Core sector growth hits 13 Month-High on Robust Steel, Cement Production Details 8Israeli crude oil pipeline, once a link to Iran, will remain a mystery Details 8Centre proposes increasing states' ambit to grant environmental clearances Details 8State-run ONGC makes significant oil, gas discovery in Arabian Sea Details 8Oil price resurrection sets stage for another Opec-shale clash Details 8Oil India shares gain after making new hydrocarbon discoveries Details 8Diesel prices flare up to a new record level of Rs 59.70 per litre in Delhi Details 8Who benefits if oil prices rise as a result of the growing rebellion in Iran? Details 8Centre must continue LPG reforms, even as crude prices rise; subsidies have to be cut Details 8Oil prices expected to remain high in first three months of 2018, may moderate later Details 8Iran's oil exports near 1 billion barrels in 2017 Details 8India likely to see 50 billion worth mergers and acquisitions in 2018: Assocham Details 8OPINION: Wreaking power, farm havoc via subsidy Details You can also click on Newsclips for moreDetails
This is wishing our readers a Happy New Year. We thank all our subscribers and 20,000 email recipients for their overwhelming support in 2017. 8We are proud to announce that we ended the year with a 100% subscription renewal rate. This is unprecedented even by our own exacting standards. 8Today, we have all oil & gas companies and every major EPC contractor, equipment supplier and consultant, at home and abroad, as our clients. 8In the last quarter of the year, our newly launched project monitoring software received a huge response, adding significantly to our subscription base. 8We promise to bring you many more features in 2018, including an interactive database, while strengthening our existing products. 8Thank you once again for your continued support and for believing in us Management Team, IndianPetroPlus.ComDetails
For reference purposes the website carries here the following tenders: 8Supply of MDPE Pipes for City Gas Distribution Project at Bengaluru Details 8Supply of Pressure Vessel-CS for BS VI Project Details 8Testing Service and Calibration of Pressure Safety Valves for a period of two years Details 8Annual maintenance Contract for Gas Monitoring System at Bottling Plant Details 8Corrigendum: Procurement of spares for DB Compressors Details 8Corrigendum: Hiring of Project Management Consultancy Services for Kanpur and Bareilly City Gas Distribution Projects Details 8Supply of Air Filter Regulator with Pressure Gauges for a Gas CompanyDetails 8Supply and Installation of Electrical Package for Onshore Ankleshwar Block located in Cambay BasinDetails 8Expression Of Interest for providing Vehicle Services for Mangala Development Pipeline Operation in GujaratDetails 8Rate Contract for Hydrogen Peroxide for two yearsDetails 8Gas Sale from Suphyam and Dayalpur Field of Jorhat AssetDetails 8Gas Sale from Nambar and Khoraghat Field of Jorhat AssetDetails You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8US crude oil prices end above $60 mark for first time in 2-1/2 years Details 8Oil PSUs to pay Rs 200 crore out of CSR funds for building Statue of Unity Details 8UP government gets investment proposals worth Rs 2.53 lakh crore Details 8Repairs begin on Libyan crude oil pipeline damaged by blast Details 8Big questions confront the government in 2018 Details 8China to suspend some car production over fuel consumption standards Details 8Hike in oil price worries Ludhiana businessmen Details 8Diesel use down by 16 per cent, Delhi used cleaner fuels more in 2016 Details 82017, the year that saw oil, gas production switch to revenue-sharing mode Details 8What is the lowdown on the Indian economy? Details 85 factors that will chart market direction in the first week of New Year Details 8Will crude prices, politics play spoilsport for markets in 2018? Details 8Monopoly busted in pipeline war Details 8GAIL commissions India's 2nd largest Rooftop solar Details 8Indian Oil looks to supply LPG to northeastern states via Bangladesh Details 8Most read in 2017: Largely a good year for companies, stocks Details 8Rising oil prices may put pressure on the Budget Details You can also click on Newsclips for moreDetails