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Jun 2016
The Parliamentary Standing Committee has recommended that the petroleum ministry should set up an authority to abjudicate or hear review petitions by E&P companies against all orders passed by the DGH.
8This will form another layer of negotiations and adjudication between the DGH and the parties before matters are taken up for arbitration as allowed under the Production Sharing Contract.
8The Committee has also said that the government should review the existing production sharing contract system and bring out more simplified forms of contracts with clear definitions and with less scope for misinterpretation in line with its 'Ease of Doing Business' initiative.
8Does the ministry feel the need for such an authority?
Click on Reports for more. Details
8This will form another layer of negotiations and adjudication between the DGH and the parties before matters are taken up for arbitration as allowed under the Production Sharing Contract.
8The Committee has also said that the government should review the existing production sharing contract system and bring out more simplified forms of contracts with clear definitions and with less scope for misinterpretation in line with its 'Ease of Doing Business' initiative.
8Does the ministry feel the need for such an authority?
Click on Reports for more. Details
The website carries here a list of disputes and arbitration cases involving Indian Production Sharing Contracts.
8These include both arbitration and court cases.
8A dispute settlement mechanism has now been set up.
8The DGH has prepared a strategy note on dispute settlements.
Click on Reports to find out more on the recommendations, including engaging a multi disciplinary team, appointment of an outside expert and setting of timelines -- made by the DGH to bring down disputes. Details
8These include both arbitration and court cases.
8A dispute settlement mechanism has now been set up.
8The DGH has prepared a strategy note on dispute settlements.
Click on Reports to find out more on the recommendations, including engaging a multi disciplinary team, appointment of an outside expert and setting of timelines -- made by the DGH to bring down disputes. Details
RIL is reported to have withdrawn an arbitration slapped on January 14, 2015 against the petroleum ministry seeking damages for 81% of the contract area being taken away in its deepwater block KG-D6.
8The private explorer had said that the area being taken away includes five discoveries estimated to hold nearly a trillion cubic feet of natural gas.
8RIL has written to the government for the withdrawal of the arbitration and in its place a ‘process of reconciliation’ is underway.
8For reference purposes, the website carries here the full details of the various arbitrations that RIL and others are involved in and the genesis of the disputes.
8It remains to be seen how the "reconciliation process" happens and ends.
Click on Reports for more. Details
8The private explorer had said that the area being taken away includes five discoveries estimated to hold nearly a trillion cubic feet of natural gas.
8RIL has written to the government for the withdrawal of the arbitration and in its place a ‘process of reconciliation’ is underway.
8For reference purposes, the website carries here the full details of the various arbitrations that RIL and others are involved in and the genesis of the disputes.
8It remains to be seen how the "reconciliation process" happens and ends.
Click on Reports for more. Details
How successful have E&P forays by foreign oil companies been on Indian soil?
8There were a total of 18 such companies which have invested in India so far.
8Some of the global E&P big guns have tried their luck in India.
8Click on Reports for a list of such companies.
8Figure out how many of them went back empty handed
8And how many have stayed on because they are stuck
8How many oil and gas discoveries were these companies involved in?
8Will they every come back to India?
Click on Reports for more. Details
8There were a total of 18 such companies which have invested in India so far.
8Some of the global E&P big guns have tried their luck in India.
8Click on Reports for a list of such companies.
8Figure out how many of them went back empty handed
8And how many have stayed on because they are stuck
8How many oil and gas discoveries were these companies involved in?
8Will they every come back to India?
Click on Reports for more. Details
Has the new "Policy Framework for Relaxations, Extensions and Clarifications at the Development stage under PSC regime for early monetization of hydrocarbon discoveries" given results?
8Yes, says the petroleum ministry.
8It has led to early monetization in five blocks.
8It will also help in the drilling of appraisal wells after submission of DOCs in five key ONGC blocks.
8Clearance issues have been resolved in 11 of the 12 blocks where clearances were not accorded to entire block areas.
Click on Reports for more Details
8Yes, says the petroleum ministry.
8It has led to early monetization in five blocks.
8It will also help in the drilling of appraisal wells after submission of DOCs in five key ONGC blocks.
8Clearance issues have been resolved in 11 of the 12 blocks where clearances were not accorded to entire block areas.
Click on Reports for more Details
Petroleum minister Dharmendra Pradhan on Monday said that investments worth $20 billion is expected in the KG Basin in the next few years.
8To buttress what Pradhan is saying, the website carries here the latest status of the discoveries in which the minister expects such investments to come in.
Block-wise data is given here in terms of:
8Discoveries which have been put to production
8Discoveries which are under development or on way to production
8Discoveries which have been commercially established
8Discoveries in which DOCs are yet to be submitted
8Discoveries not pursued
8Discoveries which are likely be be monetized under new "exploration in mining lease area"
8Revised DOCs to be submitted under new testing requirement announced last year
8For a business development manager, the data is important as he can factor it into his data base and figure out how many of these discoveries he is keeping track of.
8Is he keeping a tag on at least 90% of them?
8If not, he needs to have the facts on his side, soon
Click on Reports for more Details
8To buttress what Pradhan is saying, the website carries here the latest status of the discoveries in which the minister expects such investments to come in.
Block-wise data is given here in terms of:
8Discoveries which have been put to production
8Discoveries which are under development or on way to production
8Discoveries which have been commercially established
8Discoveries in which DOCs are yet to be submitted
8Discoveries not pursued
8Discoveries which are likely be be monetized under new "exploration in mining lease area"
8Revised DOCs to be submitted under new testing requirement announced last year
8For a business development manager, the data is important as he can factor it into his data base and figure out how many of these discoveries he is keeping track of.
8Is he keeping a tag on at least 90% of them?
8If not, he needs to have the facts on his side, soon
Click on Reports for more Details
A big chunk of money has been allocated for 2D seismic surveys for 40835 LKM of seismic data in 22 sedimentary basins by ONGC.
8OIL will carry out surveys in 7408 LKM.
8The names of the basins are given here.
8Survey work has already started in some areas
8The ministry has sent a note to the finance ministry for disbursement of funds to ONGC and OIL for carrying out the surveys.
8The recommendation now is to involve more agencies to conduct the survey work.
Click on Reports for more Details
8OIL will carry out surveys in 7408 LKM.
8The names of the basins are given here.
8Survey work has already started in some areas
8The ministry has sent a note to the finance ministry for disbursement of funds to ONGC and OIL for carrying out the surveys.
8The recommendation now is to involve more agencies to conduct the survey work.
Click on Reports for more Details
For those equipment and service providers interested in shale oil and gas developments, the website carries here possible business development opportunities in India.
8In all, 50 blocks have been identified by ONGC and 5 by OIL.
The latest status -- in terms of blocks where drilling has begun and core samples have been collected and those where work is to begin -- is carried here for the following basins:
-- Cambay Basin
-- KG Basin
-- Cauvery Basin
-- Assam Basin
-- Jaisalmer Basin
-- There is scope for further business development in these blocks.
-- More blocks are likely to be allocated going ahead.
Click on Reports for more Details
8In all, 50 blocks have been identified by ONGC and 5 by OIL.
The latest status -- in terms of blocks where drilling has begun and core samples have been collected and those where work is to begin -- is carried here for the following basins:
-- Cambay Basin
-- KG Basin
-- Cauvery Basin
-- Assam Basin
-- Jaisalmer Basin
-- There is scope for further business development in these blocks.
-- More blocks are likely to be allocated going ahead.
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8AMC for Civil, Mechanical & Pipeline ROU works at Ramgarh O&M Base Station, Rajasthan [GAIL] Details
8EOI for Coating Plant Qualification for 3LPE coating [GAIL] Details
8Procurement of Pipe Locator with Mapper for DBPL [GAIL] Details
8Operation & Maintenance Services of production facilities at various Onshore Blocks [GSPC] Details
8Angola LNG launches Cargo tender [brecorder.com] Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's Chabahar port plan is to counter China's plan to develop Gwadar port: Media Details
8Angola LNG returns to global market with first post-shutdown cargo Details
8Rains take toll on city natural gas project in Kochi Details
8Mega refinery: India says ready to offer stake to Saudi Arabia Details
8Government weighs doubling capacity of LNG import terminal Details
8New players are interested in small oil & gas fields: Dharmendra Pradhan Details
8Brent crude holds near 7-month high, eyes U.S. stocks decline Details
8GIC, ADIA invest $230 million in renewable energy firm Greenko Energy Holdings Details
8IOC, BPCL clinch deal with RIL, Essar to restart diesel buy Details
8India to Boost LNG Imports Details
8Andhra Pradesh CM seeks oil refinery at Machilipatnam Details
8Centre shortlists three for OIL CMD post Details
8India may halt diesel imports, deal with pvt refiners: Sources Details
8India, US reaffirm their commitment to join Paris Agreement Details
You can also click on Newsclips for more Details
8AMC for Civil, Mechanical & Pipeline ROU works at Ramgarh O&M Base Station, Rajasthan [GAIL] Details
8EOI for Coating Plant Qualification for 3LPE coating [GAIL] Details
8Procurement of Pipe Locator with Mapper for DBPL [GAIL] Details
8Operation & Maintenance Services of production facilities at various Onshore Blocks [GSPC] Details
8Angola LNG launches Cargo tender [brecorder.com] Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's Chabahar port plan is to counter China's plan to develop Gwadar port: Media Details
8Angola LNG returns to global market with first post-shutdown cargo Details
8Rains take toll on city natural gas project in Kochi Details
8Mega refinery: India says ready to offer stake to Saudi Arabia Details
8Government weighs doubling capacity of LNG import terminal Details
8New players are interested in small oil & gas fields: Dharmendra Pradhan Details
8Brent crude holds near 7-month high, eyes U.S. stocks decline Details
8GIC, ADIA invest $230 million in renewable energy firm Greenko Energy Holdings Details
8IOC, BPCL clinch deal with RIL, Essar to restart diesel buy Details
8India to Boost LNG Imports Details
8Andhra Pradesh CM seeks oil refinery at Machilipatnam Details
8Centre shortlists three for OIL CMD post Details
8India may halt diesel imports, deal with pvt refiners: Sources Details
8India, US reaffirm their commitment to join Paris Agreement Details
You can also click on Newsclips for more Details
BPCL immediately has around Rs 1800 crore of new projects coming up immediately.
Among them are:
8Laying of a heat traced pipeline segment
8Two gasoline hydrotreater plants
8Product pipelines
8Marketing infrastructure
8A POL storage complex worth Rs 300 crore
8In all, BPCL has an ambitious Rs 10,000 development capex in the next couple of years.
Click on Reports for more Details
Among them are:
8Laying of a heat traced pipeline segment
8Two gasoline hydrotreater plants
8Product pipelines
8Marketing infrastructure
8A POL storage complex worth Rs 300 crore
8In all, BPCL has an ambitious Rs 10,000 development capex in the next couple of years.
Click on Reports for more Details
HPCL has ambitious investment plans in 2016-17 are modest at Rs 1974 crore in 2016-17
But they encompass the following segments:
8ATF pipelines
8Initial investments in a greenfield refinery
8City Gas Distribution networks
8Cross country product and LPG pipelines
8An an LNG plant that is to be commissioned in 2019
Click on Reports for more Details
But they encompass the following segments:
8ATF pipelines
8Initial investments in a greenfield refinery
8City Gas Distribution networks
8Cross country product and LPG pipelines
8An an LNG plant that is to be commissioned in 2019
Click on Reports for more Details
For someone looking for business development in Oil India Ltd,
8OIL's budget for 2016-17 is Rs 4019 crore
The budget allocations are:
8Seismic surveys: Rs 416 crore
8Exploratory drilling Rs 1376 crore
8Development drilling Rs 824 crore
8Capital equipment and facilities Rs 747 crore
8Investments in overseas projects make up the rest of the allocations.
8If you are an equipment and service supplier in the E&P segment, in your business plan, how much of this budget have you garnered for yourself?
Click on Reports for more Details
8OIL's budget for 2016-17 is Rs 4019 crore
The budget allocations are:
8Seismic surveys: Rs 416 crore
8Exploratory drilling Rs 1376 crore
8Development drilling Rs 824 crore
8Capital equipment and facilities Rs 747 crore
8Investments in overseas projects make up the rest of the allocations.
8If you are an equipment and service supplier in the E&P segment, in your business plan, how much of this budget have you garnered for yourself?
Click on Reports for more Details
A business development opportunity is coming up for a Rs 1000 crore LPG storage facility.
8Two storage tanks of a combined capacity of 50,000 tonnes will be set up.
8The storage also involved building around 20 km of pipeline network.
8The regasification and blending facility will have a capacity of 1.60 MMTPA
8RFQs are expected shortly.
Click on Reports for more. Details
8Two storage tanks of a combined capacity of 50,000 tonnes will be set up.
8The storage also involved building around 20 km of pipeline network.
8The regasification and blending facility will have a capacity of 1.60 MMTPA
8RFQs are expected shortly.
Click on Reports for more. Details
The website carries here a business development opportunity for a Rs 500 crore inter-state product pipeline.
8The length of the pipeline is 230 km
8Products that are to be ferried through the pipeline are SKO, HSD and MS.
8The pipeline will be of 18-inch OD and 0.25-inch WT, with an API of 5L-X70 grade.
8The capacity of the pipeline will be 5 MMTPA.
8Frequent HDD installations are expected enroute the pipeline.
8RFQ are expected soon
Click on Reports for full details Details
8The length of the pipeline is 230 km
8Products that are to be ferried through the pipeline are SKO, HSD and MS.
8The pipeline will be of 18-inch OD and 0.25-inch WT, with an API of 5L-X70 grade.
8The capacity of the pipeline will be 5 MMTPA.
8Frequent HDD installations are expected enroute the pipeline.
8RFQ are expected soon
Click on Reports for full details Details
Industry circles are excited by the disclosure made by petroleum minister Dharmendra Pradhan that E&P investments worth $ 20 billion are coming up in the KG Basin offshore blocks in the next "couple of years".
8ONGC's current big investment plan is worth 5 billion in KG_DWN-98/2.
8Where is the rest of the $ 15 billion of investments coming from?
Click on Details for mor Details
8ONGC's current big investment plan is worth 5 billion in KG_DWN-98/2.
8Where is the rest of the $ 15 billion of investments coming from?
Click on Details for mor Details
For reference purposes the website carries here the following tenders:
8Oil Cleaning below Horizontal Separator Area and Channels of CTF Complex, Ankleshwar Asset [ONGC] Details
8Supply of Globe Valves and Cast Iron Gate Valves [OIL] Details
8Hiring of Consultancy Services for the Project Development Drilling of 31 Wells, Nagayalanka Field [ONGC] Details
8Hiring of services for Hydraulic Fracturing of two Shale Gas wells, Cambay Basin [ONGC] Details
8Supply of SRP Surface Units, Ahmedabad Asset [ONGC] Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India ready to help revive Nagarjuna oil refinery: Dharmendra Pradhan Details
8Rough terrain for oil and gas startups looking to strike black gold Details
8Australia's LNG sector knows its enemies, but not how to fight them: Russell Details
8Saudi Arabia reform plan approved by top economic council Details
8Cairn Energy's Rs 29,047-crore arbitration gets underway Details
8KG Basin to attract Rs 1 lakh crore investment in coming years: Dharmendra Pradhan Details
8RIL fails to name arbitrator in KG-D6 dispute Details
8India keen on joint development of oil, gas blocks in Qatar Details
8Piped gas for over 2.5 lakh households in Hyderabad by 2021: Pradhan Details
8Higher oil prices may create adversity: FM Arun Jaitley Details
8State-run oil firms to build mega refinery Details
8Government mulls doubling LNG import terminal capacity Details
8Dharmendra Pradhan kicks off roadshow for auction of 46 oil & gas fields Details
You can also click on Newsclips for more Details
8Oil Cleaning below Horizontal Separator Area and Channels of CTF Complex, Ankleshwar Asset [ONGC] Details
8Supply of Globe Valves and Cast Iron Gate Valves [OIL] Details
8Hiring of Consultancy Services for the Project Development Drilling of 31 Wells, Nagayalanka Field [ONGC] Details
8Hiring of services for Hydraulic Fracturing of two Shale Gas wells, Cambay Basin [ONGC] Details
8Supply of SRP Surface Units, Ahmedabad Asset [ONGC] Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India ready to help revive Nagarjuna oil refinery: Dharmendra Pradhan Details
8Rough terrain for oil and gas startups looking to strike black gold Details
8Australia's LNG sector knows its enemies, but not how to fight them: Russell Details
8Saudi Arabia reform plan approved by top economic council Details
8Cairn Energy's Rs 29,047-crore arbitration gets underway Details
8KG Basin to attract Rs 1 lakh crore investment in coming years: Dharmendra Pradhan Details
8RIL fails to name arbitrator in KG-D6 dispute Details
8India keen on joint development of oil, gas blocks in Qatar Details
8Piped gas for over 2.5 lakh households in Hyderabad by 2021: Pradhan Details
8Higher oil prices may create adversity: FM Arun Jaitley Details
8State-run oil firms to build mega refinery Details
8Government mulls doubling LNG import terminal capacity Details
8Dharmendra Pradhan kicks off roadshow for auction of 46 oil & gas fields Details
You can also click on Newsclips for more Details
Well placed sources said that ONGC was able to push Transocean to agree to a $127,000 per day rate for a two-year contract for the rig Jack Bates.
8Transocean emerged as the lowest bidder in the ONGC tender.
8Till last month, the rig was under contract with Impex of Australia at a day rate of $195.
8ONGC was able to push through a good deal, sources said.
8Transocean's semi-submersible, Actina, was earlier awarded a three year contract in offshore India at a day rate of $101,000
8The rig owner is now eying another ONGC contract for one more unit for a two-year term that will commence in 2017.
Click on Reports for more Details
8Transocean emerged as the lowest bidder in the ONGC tender.
8Till last month, the rig was under contract with Impex of Australia at a day rate of $195.
8ONGC was able to push through a good deal, sources said.
8Transocean's semi-submersible, Actina, was earlier awarded a three year contract in offshore India at a day rate of $101,000
8The rig owner is now eying another ONGC contract for one more unit for a two-year term that will commence in 2017.
Click on Reports for more Details
Another set of calculations try to argue that if gas prices go up, one way to make gas based power viable is to impose a carbon tax.
8The relationship between levelized tariff determined through gas and coal based power shows that at an imported price of $7/mmbtu and a coal price of $2.7/mmbtu, the carbon tax will have to be of the order of $20-25/mmbtu per tonne of emission for gas based power to stay viable.
8This will of course pull up the overall price of electricity but it is an interesting notion nevertheless.
8The argument is also that solar incentives in fact cost more.
8The solar REC price floor is Rs 3500/MWh ( more than $50/MWh).
8If displacing coal plant emissions of one tonne CO2/MWh, the implicit carbon price in solar RPO is greater than $50/tonne CO2.
Click on Reports for more. Details
8The relationship between levelized tariff determined through gas and coal based power shows that at an imported price of $7/mmbtu and a coal price of $2.7/mmbtu, the carbon tax will have to be of the order of $20-25/mmbtu per tonne of emission for gas based power to stay viable.
8This will of course pull up the overall price of electricity but it is an interesting notion nevertheless.
8The argument is also that solar incentives in fact cost more.
8The solar REC price floor is Rs 3500/MWh ( more than $50/MWh).
8If displacing coal plant emissions of one tonne CO2/MWh, the implicit carbon price in solar RPO is greater than $50/tonne CO2.
Click on Reports for more. Details
CBM operators are expected to carry out the following work in CBM blocks in 2016-17:
8Drilling of 10 core holes
8Drilling of 58 development wells
8Drilling of 33 surface holes
8Drilling of 54 production holes
8Hydro-fracturing and completion of 124 wells
8Construction of GGS, flowlines, water treatment plants and surface facilities
Click on Reports for more Details
8Drilling of 10 core holes
8Drilling of 58 development wells
8Drilling of 33 surface holes
8Drilling of 54 production holes
8Hydro-fracturing and completion of 124 wells
8Construction of GGS, flowlines, water treatment plants and surface facilities
Click on Reports for more Details
Significant business development work continues to exist in the E&P segment, based on approvals given by the DGH in 2015-16, where RFQs are still to come out.
8The website carries here details of the FDPs cleared by the DGH.
8These together account for around 35 MMT of crude oil and 45 BCM of gas over a 15-20 year period.
8The website also carries here a final drilling plan in onland and offshore blocks as approved by the DGH in 2015-16.
8The DGH reviewed regrant of PMLs in 12 different areas. Reviewed application for grant of MLs for 4 fields and PMLs for 2 fields.
8Details of approvals for third party audit of reserves are also carried here.
Click on Reports for more Details
8The website carries here details of the FDPs cleared by the DGH.
8These together account for around 35 MMT of crude oil and 45 BCM of gas over a 15-20 year period.
8The website also carries here a final drilling plan in onland and offshore blocks as approved by the DGH in 2015-16.
8The DGH reviewed regrant of PMLs in 12 different areas. Reviewed application for grant of MLs for 4 fields and PMLs for 2 fields.
8Details of approvals for third party audit of reserves are also carried here.
Click on Reports for more Details
52 blocks have been identified for next round of auction.
8The draft Uniform Licensing Policy and the draft Model Revenue Sharing Contract have been accordingly prepared.
8Meanwhile, the DGH is making progress with its open acreage licensing round.
8The process of generation of maps for open acreages as well as relinquished acreages has been initiated.
8These maps will then be put up for inter-ministerial clearance.
Click on Reports for more Details
8The draft Uniform Licensing Policy and the draft Model Revenue Sharing Contract have been accordingly prepared.
8Meanwhile, the DGH is making progress with its open acreage licensing round.
8The process of generation of maps for open acreages as well as relinquished acreages has been initiated.
8These maps will then be put up for inter-ministerial clearance.
Click on Reports for more Details
The DGH has signed deals for seven non-exclusive multi-client seismic survey jobs ever since a new policy was announced in May 2014.
8Defence ministry clearance has been obtained for these proposals
8One such deal is with Electromagnetic Geoservices ASA of Norway. Mobilization is reported to have already started.
8Meanwhile, the DGH has assigned 2D survey work for as much as 46,243 LKM in new sedimentary areas to ONGC and OIL.
8The surveys are to be completed over a period of five years.
Click on Reports for more Details
8Defence ministry clearance has been obtained for these proposals
8One such deal is with Electromagnetic Geoservices ASA of Norway. Mobilization is reported to have already started.
8Meanwhile, the DGH has assigned 2D survey work for as much as 46,243 LKM in new sedimentary areas to ONGC and OIL.
8The surveys are to be completed over a period of five years.
Click on Reports for more Details
No other sector in any other country faces the transitional challenge that the Indian energy sector stares at today.
8The challenges are so daunting that the faint hearted would not even try to undertake the transition.
8The massive increase in envisaged coal production will require an equally herculean effort at increasing the rail transportation network.
8The ailing distribution sector is showing no signs yet of transforming into a sustainable enterprise.
8It is rickety and inadequately equipped to take the burden of intermittent supply from renewal energy. The inability of the network to absorb the load may in fact sabotage Prime Minister Modi's solar energy targets.
8Exxon Mobil believes that India's emissions levels from coal based power will continue to increase right up to 2040.
8Environmental degradation and land acquisition issues have not been addressed either.
8India's energy transition comes with a price tag of a massive $2.5 trillion by 2030 and more going ahead. Exxon Mobil believes that India's emissions levels from coal based power will continue to increase right up to 2040.
8Attempts to push for expensive super critical coal technology for power plants in order to curb emissions is included in the price tag.
8But going super critical is very expensive, so much so that natural gas combined cycle plants would instead require much less capital investment per MW while generating less than half the emissions of supercritical coal plants.
8The entire transition paradigm for the Indian power sector has not been fully addressed yet and it is time for interlocutors -- particularly those who want to promote gas based power -- to step in to provide the necessary course corrections needed to ensure that the ride is less bumpy than it otherwise will be.
8The gas lobby has swung into action all over the world but it hasn't established a beach head in India yet.
8The World Bank’s assessment is that by 2050, India’s installed power generation capacity requirements might reach one terawatt, a six-fold increase from the level prevailing at this time.
8However the Bank’s sanguine view that this target can be reached through a low carbon strategy, providing thousands of jobs and new economic opportunities perhaps seems unduly optimistic given the real constraints (institutional, financial, social, political and economic) plaguing almost every part of the energy sector.
Click on Reports for more. Details
8The challenges are so daunting that the faint hearted would not even try to undertake the transition.
8The massive increase in envisaged coal production will require an equally herculean effort at increasing the rail transportation network.
8The ailing distribution sector is showing no signs yet of transforming into a sustainable enterprise.
8It is rickety and inadequately equipped to take the burden of intermittent supply from renewal energy. The inability of the network to absorb the load may in fact sabotage Prime Minister Modi's solar energy targets.
8Exxon Mobil believes that India's emissions levels from coal based power will continue to increase right up to 2040.
8Environmental degradation and land acquisition issues have not been addressed either.
8India's energy transition comes with a price tag of a massive $2.5 trillion by 2030 and more going ahead. Exxon Mobil believes that India's emissions levels from coal based power will continue to increase right up to 2040.
8Attempts to push for expensive super critical coal technology for power plants in order to curb emissions is included in the price tag.
8But going super critical is very expensive, so much so that natural gas combined cycle plants would instead require much less capital investment per MW while generating less than half the emissions of supercritical coal plants.
8The entire transition paradigm for the Indian power sector has not been fully addressed yet and it is time for interlocutors -- particularly those who want to promote gas based power -- to step in to provide the necessary course corrections needed to ensure that the ride is less bumpy than it otherwise will be.
8The gas lobby has swung into action all over the world but it hasn't established a beach head in India yet.
8The World Bank’s assessment is that by 2050, India’s installed power generation capacity requirements might reach one terawatt, a six-fold increase from the level prevailing at this time.
8However the Bank’s sanguine view that this target can be reached through a low carbon strategy, providing thousands of jobs and new economic opportunities perhaps seems unduly optimistic given the real constraints (institutional, financial, social, political and economic) plaguing almost every part of the energy sector.
Click on Reports for more. Details
For reference purposes, the website carries here the internal dynamics of the Indian power market in 2015 and 2016.
8The collapse in power demand and the consequent idling of coal fired capacity is analyzed in detail.
8The fall in prices of oil, diesel, naphtha, fuel oil and bunker fuel, along with it coal, and its impact on the power sector has been looked at in detail.
8The woes of the generation sector extended to other related segments, including fuel suppliers and transporters.
8Power companies came under severe pressure to cut prices and improve operational efficiencies in an attempt to survive the crisis.
8Distribution companies found that some customers moved to solar and wind facilities or took over existing power plants in financial trouble to meet their captive consumption.
Click on Reports for more. Details
8The collapse in power demand and the consequent idling of coal fired capacity is analyzed in detail.
8The fall in prices of oil, diesel, naphtha, fuel oil and bunker fuel, along with it coal, and its impact on the power sector has been looked at in detail.
8The woes of the generation sector extended to other related segments, including fuel suppliers and transporters.
8Power companies came under severe pressure to cut prices and improve operational efficiencies in an attempt to survive the crisis.
8Distribution companies found that some customers moved to solar and wind facilities or took over existing power plants in financial trouble to meet their captive consumption.
Click on Reports for more. Details
Expanding India's gas market remains a challenging job under any circumstance.
8The power sector is the largest consumer of gas but absorption is going to be a problem when LNG prices begin to firm up
8As long as many state governments continue to subsidize retail prices below the cost of production and the government remains committed to the rapid expansion of domestic coal output -- India plans to raise coal production to 1.5 billion tonnes -- LNG is unlikely to capture a large market share in India.
8The only way out is if power tariff rates are hiked or a reasonably large carbon tax is imposed on coal.
8Both of these are unlikely to happen anytime soon
8Does this mean that the government has made a Faustian bargain of promoting coal production at the cost of other measures to keep climate change under check?
8The government argues that it is not building coal “instead” of renewables but “in addition” to renewables and reiterates that India’s goal of constructing 175 gigawatts (GW) of renewable capacity by 2022 is the most ambitious program in the world.
8But greater deployment of solar and wind power doesn’t lead to fewer emissions if the share of coal-fired power increases right along with it.
8And will the demand for gas continue to increase if the price were to go up?
Click on Reports for one of the most comprehensive reports on the Indian power sector and the challenges that it faces in the years ahead. Details
8The power sector is the largest consumer of gas but absorption is going to be a problem when LNG prices begin to firm up
8As long as many state governments continue to subsidize retail prices below the cost of production and the government remains committed to the rapid expansion of domestic coal output -- India plans to raise coal production to 1.5 billion tonnes -- LNG is unlikely to capture a large market share in India.
8The only way out is if power tariff rates are hiked or a reasonably large carbon tax is imposed on coal.
8Both of these are unlikely to happen anytime soon
8Does this mean that the government has made a Faustian bargain of promoting coal production at the cost of other measures to keep climate change under check?
8The government argues that it is not building coal “instead” of renewables but “in addition” to renewables and reiterates that India’s goal of constructing 175 gigawatts (GW) of renewable capacity by 2022 is the most ambitious program in the world.
8But greater deployment of solar and wind power doesn’t lead to fewer emissions if the share of coal-fired power increases right along with it.
8And will the demand for gas continue to increase if the price were to go up?
Click on Reports for one of the most comprehensive reports on the Indian power sector and the challenges that it faces in the years ahead. Details
For reference purposes, the website carries here following gas related data:
8Price of gas in key demand centres around the world in April and May, 2016
8Liquefaction capacity by country in 2015 and 2021
8Gasification capacity by country in 2015 and 2021
8Existing and upcoming gas pipelines in India
8Segment-wise demand for gas in India, including captive use, petrochemicals and industrial fuel
8Average power cost vs average tariff and percentage recovery across Indian states.
Click on Reports for more. Details
8Price of gas in key demand centres around the world in April and May, 2016
8Liquefaction capacity by country in 2015 and 2021
8Gasification capacity by country in 2015 and 2021
8Existing and upcoming gas pipelines in India
8Segment-wise demand for gas in India, including captive use, petrochemicals and industrial fuel
8Average power cost vs average tariff and percentage recovery across Indian states.
Click on Reports for more. Details
Is the GMR model of setting up a small LNG station to cater to a single power station or a clutch of power stations a viable model?
8The company has moved a proposal for such a plant at a cost of Rs 471 crore.
8The idea seems to be to sidestep the institutional constraints
8Even if GVK's effort does not bear fruit, it possibly makes sense to identify a coastal state with a high-performing electricity market either in Gujarat,or Maharashtra.
8A government backed effort or even an independent effort can be made to build a large combined cycle gas turbine (CCGT) plant with a small LNG terminal whose gas will be dedicated to this facility plus other local customers.
8It is better perhaps not to be connected to a larger gas pipeline infrastructure to avoid being tied up in gas allocation and common carrier questions.
Click on Reports for more. Details
8The company has moved a proposal for such a plant at a cost of Rs 471 crore.
8The idea seems to be to sidestep the institutional constraints
8Even if GVK's effort does not bear fruit, it possibly makes sense to identify a coastal state with a high-performing electricity market either in Gujarat,or Maharashtra.
8A government backed effort or even an independent effort can be made to build a large combined cycle gas turbine (CCGT) plant with a small LNG terminal whose gas will be dedicated to this facility plus other local customers.
8It is better perhaps not to be connected to a larger gas pipeline infrastructure to avoid being tied up in gas allocation and common carrier questions.
Click on Reports for more. Details
Clearly, there are huge institutional barriers to usage of higher volumes of gas.
8Natural gas is ignored by policy makers possibly for the following reasons:
8Domestic natural gas reserves are limited
8Imported natural gas is expensive
8Political economy and institutional problems around gas allocation and pricing are difficult to handle.
The consequence is:
– Administratively set, low gas prices
– Fertilizer and power companies work in a protected environment. A higher gas price will entail a higher level of subsidy.
– Electricity market structures -- including bankrupt state electricity boards -- can’t support gas prices set by supply and demand.
Click on Reports for more. Details
8Natural gas is ignored by policy makers possibly for the following reasons:
8Domestic natural gas reserves are limited
8Imported natural gas is expensive
8Political economy and institutional problems around gas allocation and pricing are difficult to handle.
The consequence is:
– Administratively set, low gas prices
– Fertilizer and power companies work in a protected environment. A higher gas price will entail a higher level of subsidy.
– Electricity market structures -- including bankrupt state electricity boards -- can’t support gas prices set by supply and demand.
Click on Reports for more. Details
Egged by a price pooling policy, gas consumption by the power sector has gone up by 21.% in April, 2016 in relation to the same month last year.
8But will this turn of good luck last?
8The answer seems to be "No".
8If gas prices go up, as has happened already, the gas based power sector gets less competitive compared to coal.
8Calculations carried by this website show that the levelized cost of gas based electricity remains lower than imported coal up to an LNG price of $5.30/mmbtu.
8A comparison of levelized tariff is carried here between imported coal based and gas based power under certain assumptions.
8Already spot LNG prices have gone up as crude prices have firmed up.
8The differential between spot and long term RasGas contract price is in the range of $0.60 to $0.65/mmbtu but the gap is likely to widen when the impact of the three month averaging to crude prices begins to kick in with a lag effect.
Click on Reports for more.
Details
8But will this turn of good luck last?
8The answer seems to be "No".
8If gas prices go up, as has happened already, the gas based power sector gets less competitive compared to coal.
8Calculations carried by this website show that the levelized cost of gas based electricity remains lower than imported coal up to an LNG price of $5.30/mmbtu.
8A comparison of levelized tariff is carried here between imported coal based and gas based power under certain assumptions.
8Already spot LNG prices have gone up as crude prices have firmed up.
8The differential between spot and long term RasGas contract price is in the range of $0.60 to $0.65/mmbtu but the gap is likely to widen when the impact of the three month averaging to crude prices begins to kick in with a lag effect.
Click on Reports for more.
Details
For reference purposes the website carries here the following tenders:
8Hiring of Mud Engineering Services using LTSOBM chemicals for 190 Wells, Mumbai [ONGC] Details
8Laying of high pressure coal gas pipeline section for new Industrial coal gas connections [GCGSCL] Details
8Procurement of Demulsifier for Surface Team, Mehsana Asset [ONGC] Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Saudi Aramco, Total SA looking to set up petrol pumps in India Details
8OMCs to select 10,000 new distributors this year with focus on rural and difficult areas Details
8Pradhan refutes Cong charge, backs ONGC, GSPC stake talks Details
8India discussing price issue with Iran on ONGC's gas field: Dharmendra Pradhan Details
8US rig count rises 4 this week to 408, up from record low Details
8Oil minister downplays cut in excise duty on petrol, diesel Details
8Energy sector to be focus of PM Narendra Modi's talks with Qatari leadership Details
8Crude may swing near $50, but sharp rise unlikely as supplies are not at risk Details
8PM Narendra Modi reaches Doha, economic cooperation high on agenda Details
8Allocation of Domestic Natural Gas to APGDC for CGD operations in East Godavari & West Godavari districts of Andhra Pradesh Details
8Expect gas demand to grow at 10% CAGR Details
8Govt wants at least 30% of profit as dividend from PSUs Details
8States cut back on power purchases, fuel outages Details
8Lenders to U.S. oil and gas companies seek liquidity floors Details
8Government forcing ONGC to buy scam-tainted GSPC: Congress Details
8Saudi Aramco keen to invest in global upstream after IPO- Energy Minister, Khalid al-Falih Details
8Qatar says OPEC members will meet in Algeria in September Details
8Non-energy companies showing interest in oil & gas fields Details
8FM concern over rising crude price Details
8India keen on Joint Development of Oil and Gas Blocks in Qatar Details
You can also click on Newsclips for more Details
8Hiring of Mud Engineering Services using LTSOBM chemicals for 190 Wells, Mumbai [ONGC] Details
8Laying of high pressure coal gas pipeline section for new Industrial coal gas connections [GCGSCL] Details
8Procurement of Demulsifier for Surface Team, Mehsana Asset [ONGC] Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Saudi Aramco, Total SA looking to set up petrol pumps in India Details
8OMCs to select 10,000 new distributors this year with focus on rural and difficult areas Details
8Pradhan refutes Cong charge, backs ONGC, GSPC stake talks Details
8India discussing price issue with Iran on ONGC's gas field: Dharmendra Pradhan Details
8US rig count rises 4 this week to 408, up from record low Details
8Oil minister downplays cut in excise duty on petrol, diesel Details
8Energy sector to be focus of PM Narendra Modi's talks with Qatari leadership Details
8Crude may swing near $50, but sharp rise unlikely as supplies are not at risk Details
8PM Narendra Modi reaches Doha, economic cooperation high on agenda Details
8Allocation of Domestic Natural Gas to APGDC for CGD operations in East Godavari & West Godavari districts of Andhra Pradesh Details
8Expect gas demand to grow at 10% CAGR Details
8Govt wants at least 30% of profit as dividend from PSUs Details
8States cut back on power purchases, fuel outages Details
8Lenders to U.S. oil and gas companies seek liquidity floors Details
8Government forcing ONGC to buy scam-tainted GSPC: Congress Details
8Saudi Aramco keen to invest in global upstream after IPO- Energy Minister, Khalid al-Falih Details
8Qatar says OPEC members will meet in Algeria in September Details
8Non-energy companies showing interest in oil & gas fields Details
8FM concern over rising crude price Details
8India keen on Joint Development of Oil and Gas Blocks in Qatar Details
You can also click on Newsclips for more Details
For reference purposes, the website carries here the following financial and physical performance projections of public sector oil companies for the year 2016-17
8Detailed breakup of total expenditure
8Detailed breakup of total Income
8Interest payments
8Profit before tax
8Profit after tax
8Dividend Payment
8Retained Surplus
8Ratio of Gross Margin to Capital Employed
8Ration of Net Profit After Tax to Net Worth
8Productivity rations
8Capital Output Rations
Outlays are further split up into
8Internal outlays
8Public deposits
8OIDB Assistance
8Commercial Borrowings
8Debenture/Rights Issues
8Bonds
Click on Reports for more. Details
8Detailed breakup of total expenditure
8Detailed breakup of total Income
8Interest payments
8Profit before tax
8Profit after tax
8Dividend Payment
8Retained Surplus
8Ratio of Gross Margin to Capital Employed
8Ration of Net Profit After Tax to Net Worth
8Productivity rations
8Capital Output Rations
Outlays are further split up into
8Internal outlays
8Public deposits
8OIDB Assistance
8Commercial Borrowings
8Debenture/Rights Issues
8Bonds
Click on Reports for more. Details
For suppliers of equipment and services, the website carries here full details of all new projects at the RFQ stage subsequent to or currently under capital approval in the following public sector oil companies:
8ONGC
8BPCL
8HPCL
8IOC
8NRL
8MRPL
8CPCL
8Petronet LNG
8GAIL
8HMEL
8Public Sector City Gas Distribution Companies
Click on Reports for more Details
8ONGC
8BPCL
8HPCL
8IOC
8NRL
8MRPL
8CPCL
8Petronet LNG
8GAIL
8HMEL
8Public Sector City Gas Distribution Companies
Click on Reports for more Details
Details are available on the folowing projects of CPLC and NRL:
8Chennai Port to CPCL pipeline
8Resid Upgradation Project in CPCL
8Diesel Hydrotreater at Numaligarh Refinery (NRL)
8Mounded Bullet for LPG Storage at NRL
8Refinery Upgradation cum expansion project including a Polypropylene Project at MRPL.
Click on Reports for more. Details
8Chennai Port to CPCL pipeline
8Resid Upgradation Project in CPCL
8Diesel Hydrotreater at Numaligarh Refinery (NRL)
8Mounded Bullet for LPG Storage at NRL
8Refinery Upgradation cum expansion project including a Polypropylene Project at MRPL.
Click on Reports for more. Details
BPCL has the following outstanding projects:
8Replacement of CDU/VDU at Mumbai Refinery
8Integrated Refinery Expansion Project at Kochi Refinery
8Mumbai Uran LPG Pipeline and Addtional Storage at Uran
8Kota Jobner Pipeline
8Conversion of CRU to Isomerization Unit at Mumbai Refinery
8Diesel Hydrotreater at Mumbai Refinery
8Propylene Derivatives Petrochemical Project at Kochi Refinery
8Investment plans of Central UP Gas Ltd, Maharashtra Natural Gas Ltd, Sabarmati Gas Ltd, Bharat Starts Pvt Ltd, Bharat Renewable Energy Ltd, Matrix-Bharat Pte Ltd, Delhi Aviation Fuel Facility Ltd, Kannur International Airport, GSPL India Transco Ltd, GSPL India Gasnet Ltd.
Click on Reports for more Details
8Replacement of CDU/VDU at Mumbai Refinery
8Integrated Refinery Expansion Project at Kochi Refinery
8Mumbai Uran LPG Pipeline and Addtional Storage at Uran
8Kota Jobner Pipeline
8Conversion of CRU to Isomerization Unit at Mumbai Refinery
8Diesel Hydrotreater at Mumbai Refinery
8Propylene Derivatives Petrochemical Project at Kochi Refinery
8Investment plans of Central UP Gas Ltd, Maharashtra Natural Gas Ltd, Sabarmati Gas Ltd, Bharat Starts Pvt Ltd, Bharat Renewable Energy Ltd, Matrix-Bharat Pte Ltd, Delhi Aviation Fuel Facility Ltd, Kannur International Airport, GSPL India Transco Ltd, GSPL India Gasnet Ltd.
Click on Reports for more Details
Details are given on the following HPCL projects:
8Storage Cap Augmentation at Hubli
8New LPG Plant at Solapur, Bhopal
8Diesel Hydrotreater at Mumbai Refinery
8Calico Land Cavern Tankage
8Mumbai Refinery Master Pan-Phase-I
8LPG pipeline from Uran to Chakan
8Rewaro Kanpur Pipeline
8Mangalore-Hassan-Mysore LPG Pipeline.
Click on Reports for more.
Details
8Storage Cap Augmentation at Hubli
8New LPG Plant at Solapur, Bhopal
8Diesel Hydrotreater at Mumbai Refinery
8Calico Land Cavern Tankage
8Mumbai Refinery Master Pan-Phase-I
8LPG pipeline from Uran to Chakan
8Rewaro Kanpur Pipeline
8Mangalore-Hassan-Mysore LPG Pipeline.
Click on Reports for more.
Details
Latest updates are also carried here on the following IOC projects:
8Distillate Yield Improvement (Coker) Project at Haldia
8Coke Chamber Replacement and Installation of allied facilties in Coker at Barauni Refinery
8Reverse Osmosis Plant at ETP at Gujarat Refinery
8Feed Preparation Unit at Haldia Refinery
8Petcoke Project at Paradip
8Paradip Polypropylene Project
8Paradip-Raipur-Rachi Product Pipeline
8Bottlenecking of SMPL Project
8Paradip Haldia Durgapur LPG Pipeline
8Augmentation of PHBL
8Augmentation of FF System at Tank Farm Location
8CBR-Trichy Pipeline
8Ennore Pondicherry Trichy LPG Pipeline
8Replacement of MLPUs in SMPL
8Paradip-Hyderabad Pipeline
8Augmentation of PHDPL and extension into Patna and Muzzarpur
8New LPG Plant at Solarpur, Bhopal.
Click on Reports for more. Details
8Distillate Yield Improvement (Coker) Project at Haldia
8Coke Chamber Replacement and Installation of allied facilties in Coker at Barauni Refinery
8Reverse Osmosis Plant at ETP at Gujarat Refinery
8Feed Preparation Unit at Haldia Refinery
8Petcoke Project at Paradip
8Paradip Polypropylene Project
8Paradip-Raipur-Rachi Product Pipeline
8Bottlenecking of SMPL Project
8Paradip Haldia Durgapur LPG Pipeline
8Augmentation of PHBL
8Augmentation of FF System at Tank Farm Location
8CBR-Trichy Pipeline
8Ennore Pondicherry Trichy LPG Pipeline
8Replacement of MLPUs in SMPL
8Paradip-Hyderabad Pipeline
8Augmentation of PHDPL and extension into Patna and Muzzarpur
8New LPG Plant at Solarpur, Bhopal.
Click on Reports for more. Details
For reference purposes, the website carries here the latest progress report on the following ONGC projects:
8Offshore development of WO-16 Cluster Fields
8Integrated Development of the B-127 Cluster Fields
8Development of C-26 Cluster Fields
8Development of Shallow Water Wells Offshore through mudline completions
8Integrated Development of Vasistha & S-1 Fields
8Daman Development
8Improved Oil Recovery at B-173 A field
8Development of Western Periphery of Mumbai High South Fields
8Enhanced Recovery of Bassein Field
8Additional Development of Vasai Field
8MH North and South Redevelopment Phase-III
8Construction of 12 OSVs
8Conversion of the Sagar Samrat to an MOPU
8Pipeline Replacement Project-4, Western Offshore
8Reconstruction of BPA and BPB Platforms
8Neelam Development Plan
8Assam Renewal Project
8Construction of six ETPs at Ahmedabad & Ankleswar
8Sokura GGS and Pipeline Project
8Construction of 1 ETP and 3 ETPs with WIPs
8Construction of 3 ETPs at Mehsana, 1 ETP at GGS at Nada
8Pipeline Replacement Project at Ahmedabad
8Gamij Redevelopment Project
Click on Reports for more Details
8Offshore development of WO-16 Cluster Fields
8Integrated Development of the B-127 Cluster Fields
8Development of C-26 Cluster Fields
8Development of Shallow Water Wells Offshore through mudline completions
8Integrated Development of Vasistha & S-1 Fields
8Daman Development
8Improved Oil Recovery at B-173 A field
8Development of Western Periphery of Mumbai High South Fields
8Enhanced Recovery of Bassein Field
8Additional Development of Vasai Field
8MH North and South Redevelopment Phase-III
8Construction of 12 OSVs
8Conversion of the Sagar Samrat to an MOPU
8Pipeline Replacement Project-4, Western Offshore
8Reconstruction of BPA and BPB Platforms
8Neelam Development Plan
8Assam Renewal Project
8Construction of six ETPs at Ahmedabad & Ankleswar
8Sokura GGS and Pipeline Project
8Construction of 1 ETP and 3 ETPs with WIPs
8Construction of 3 ETPs at Mehsana, 1 ETP at GGS at Nada
8Pipeline Replacement Project at Ahmedabad
8Gamij Redevelopment Project
Click on Reports for more Details
GAIL is not expecting much progress in 2016-17 in its plans for:
8New LNG terminals in India
8FSRU project
8The LNG shipping tender too is showing little sign of progress
8Little or no allocation of funds have been made under these heads for 2016-17.
8Meanwhile, GAIL has put off plans for a phenol acetone plant based on propylene pending a market study and a project capex review.
8Plans for a 95 KTA Poly Butadiene Rubber plant has been shelved as GAIL was not able to firm up the term sheet for the supply of Butadiene from OPal.
Click on Reports for more Details
8New LNG terminals in India
8FSRU project
8The LNG shipping tender too is showing little sign of progress
8Little or no allocation of funds have been made under these heads for 2016-17.
8Meanwhile, GAIL has put off plans for a phenol acetone plant based on propylene pending a market study and a project capex review.
8Plans for a 95 KTA Poly Butadiene Rubber plant has been shelved as GAIL was not able to firm up the term sheet for the supply of Butadiene from OPal.
Click on Reports for more Details
GAIL's 1539 km Surat-Paradip inter-state pipeline seems to be going nowhere.
8The gas major has done a survey for a part of the pipeline and then abandoned work.
8The pipeline also has 425 kms of spur lines.
8GAIL says it will be able to complete the survey by July, 2016.
8It is not spending any money on the project anymore.
8Firm tie-up of customers enroute seems to be the main hurdle.
8More time has been sought to implement the line.
Click on Reports for more Details
8The gas major has done a survey for a part of the pipeline and then abandoned work.
8The pipeline also has 425 kms of spur lines.
8GAIL says it will be able to complete the survey by July, 2016.
8It is not spending any money on the project anymore.
8Firm tie-up of customers enroute seems to be the main hurdle.
8More time has been sought to implement the line.
Click on Reports for more Details
Progress has been very slow in the Kochi-Kootanand gas pipeline that is meant to supply gas from PLL's Kochi terminal to customers in Kerala and Tamil Nadu.
8Work continues to be at a standstill in the 310 km stretch in Tamil Nadu
8Violent protests in Kerala has slowed down pipeline laying activity in the state.
8A total of 509 km of pipeline length is to be laid in Kerala.
8Find out more on what is going on with this project.
Click on Reports for more Details
8Work continues to be at a standstill in the 310 km stretch in Tamil Nadu
8Violent protests in Kerala has slowed down pipeline laying activity in the state.
8A total of 509 km of pipeline length is to be laid in Kerala.
8Find out more on what is going on with this project.
Click on Reports for more Details
Work on the 71 km 24-inch loop line from Auraiya to Sachendi along with a 12 km spur line to Kanpur Fertilizer and Cement Ltd's Panki fertilizer plant has been put on hold on account of payment problems.
8The pipeline is meant to supply 2 mmscmd of gas to the fertilizer plant at Panki.
8The line is now slated for commissioning after the augmentation of capacity in the Vijaipur-Auraiya-Phulpur segment is completed.
8Meanwhile, customer tie-in jobs are going on in the Goa and Bangalore regions of the Dabhol-Bangalore pipelines.
8Phase-I of the project involved the building of the 992 km trunk pipeline stretch followed by last minute customer tie-ups.
Click on Reports for more Details
8The pipeline is meant to supply 2 mmscmd of gas to the fertilizer plant at Panki.
8The line is now slated for commissioning after the augmentation of capacity in the Vijaipur-Auraiya-Phulpur segment is completed.
8Meanwhile, customer tie-in jobs are going on in the Goa and Bangalore regions of the Dabhol-Bangalore pipelines.
8Phase-I of the project involved the building of the 992 km trunk pipeline stretch followed by last minute customer tie-ups.
Click on Reports for more Details
For reference purposes, the website carries here the latest updates on the following projects of GAIL:
Phulpur-Haldia Phase-I pipeline (known as the Jagdishpur-Haldia pipeline) along with attendant spur lines to Patna and Varanasi: A total of Rs 700 crore is to be spent in 2016-17 and 30% physical progress has been achieved: Pre-project work is continuing. The company however has made it clear that while the targeted completion date is December, 2018 it is subject to tie-up of customers on the way.
8The line will require the commissioning of fertilizer plants enroute. But the problem is that the commissioning schedules are not clear as yet as promoters have not been finbalized yet.
8Click on Reports for more on award, manufacturing and delivery of line pipes and laying of lines for the project.
Vijaipur-Auraiya-Phulpur line: There are two phases to the pipeline, with the 357 km Vijaipur-Auraiya segment making up one phase and the other phase is the Auraiya-Phulpur segment. Click on Details for PMC and manufacturing of pipeline contracts.
Replacement of old pipelines:
8Details of work going on 238 km of pipelines being replaced in the first phase and 187 km in the second phase in the Gujarat region.
8There is also the two phase 262 km replacement of the KG Basin pipeline network with completion scheduled for January 2017.
The KG Basin and Agartala Basin pipeline replacement plan involves the laying of 126 km of lines. Laying and construction work is currently on for both segments.
Click on Reports for more Details
Phulpur-Haldia Phase-I pipeline (known as the Jagdishpur-Haldia pipeline) along with attendant spur lines to Patna and Varanasi: A total of Rs 700 crore is to be spent in 2016-17 and 30% physical progress has been achieved: Pre-project work is continuing. The company however has made it clear that while the targeted completion date is December, 2018 it is subject to tie-up of customers on the way.
8The line will require the commissioning of fertilizer plants enroute. But the problem is that the commissioning schedules are not clear as yet as promoters have not been finbalized yet.
8Click on Reports for more on award, manufacturing and delivery of line pipes and laying of lines for the project.
Vijaipur-Auraiya-Phulpur line: There are two phases to the pipeline, with the 357 km Vijaipur-Auraiya segment making up one phase and the other phase is the Auraiya-Phulpur segment. Click on Details for PMC and manufacturing of pipeline contracts.
Replacement of old pipelines:
8Details of work going on 238 km of pipelines being replaced in the first phase and 187 km in the second phase in the Gujarat region.
8There is also the two phase 262 km replacement of the KG Basin pipeline network with completion scheduled for January 2017.
The KG Basin and Agartala Basin pipeline replacement plan involves the laying of 126 km of lines. Laying and construction work is currently on for both segments.
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Gas Sales from OPDC, OLPAD field, Ankleshwar Asset [ONGC] Details
8Supply and Installation of Mudline Suspension System for 13 subsea wells of Western Offshore [ONGC] Details
8Maintenance and Overhauling of Slide Valves and Plug Valves, Panipat Refinery [IOC] Details
8Hiring of Drilling Fluid Services for a period of two years, Ahmedabad Asset [ONGC] Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Modi's honeymoon with crude oil set to get over: Hard times ahead Details
8Airfares may rise in festive season as fuel price goes up Details
8Government seeks to attract more players for oil fields auction Details
8"OPEC happy with oil market" says kingpin Saudi Details
8Index of eight core industries has grown at 8.5%: Piyush Goyal Details
8Even for BP and Shell, North Sea remains a hard sell Details
8India's Iranian oil imports dip in May as MRPL shut units: Tanker data Details
8Indian refiners to clear $6.6 billion owed to Iran during sanction years Details
8ATF, cooking gas rates raised; new cess makes services costlier Details
8Government and petro dealers in Bengal facing heavy loss due to cross border issue Details
8Staring down the barrel Details
8ONGC to invest Rs4,000 crore in four coal bed methane gas blocks Details
8Saudis pledge not to shock oil market as OPEC debates policy Details
You can also click on Newsclips for more Details
8Gas Sales from OPDC, OLPAD field, Ankleshwar Asset [ONGC] Details
8Supply and Installation of Mudline Suspension System for 13 subsea wells of Western Offshore [ONGC] Details
8Maintenance and Overhauling of Slide Valves and Plug Valves, Panipat Refinery [IOC] Details
8Hiring of Drilling Fluid Services for a period of two years, Ahmedabad Asset [ONGC] Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Modi's honeymoon with crude oil set to get over: Hard times ahead Details
8Airfares may rise in festive season as fuel price goes up Details
8Government seeks to attract more players for oil fields auction Details
8"OPEC happy with oil market" says kingpin Saudi Details
8Index of eight core industries has grown at 8.5%: Piyush Goyal Details
8Even for BP and Shell, North Sea remains a hard sell Details
8India's Iranian oil imports dip in May as MRPL shut units: Tanker data Details
8Indian refiners to clear $6.6 billion owed to Iran during sanction years Details
8ATF, cooking gas rates raised; new cess makes services costlier Details
8Government and petro dealers in Bengal facing heavy loss due to cross border issue Details
8Staring down the barrel Details
8ONGC to invest Rs4,000 crore in four coal bed methane gas blocks Details
8Saudis pledge not to shock oil market as OPEC debates policy Details
You can also click on Newsclips for more Details
The massive scope for expansion of the domestic gas market in India is evident from statistics on gas consumption of New York city.
8The city's piped natural gas supply to households in 2015 stood at a massive 12765 mmscm.
8This is almost 200 times more than the consumption by Delhi and yet New York's population, at 8.6 million is less than half that of Delhi.
8There is no doubt Delhi is not New York both in terms of income and climate. Massive amounts of gas is consumed to keep New York heated in winters. What is more New York is a developed market for gas, as the city has taken to using gas long before Delhi started.
8Even then, some would argue that New York's winters are as cold as Delhi's summers are hot and gas can be used to cool a city as much as to keep it warm.
8The point to note is that New York uses gas in many household appliances -- from air-conditioning to geysers -- than Delhi does not.
8Gas is a cheaper energy option than high cost electricity in a place such as Delhi, particularly in commercial establishments but no attempt has been made to promote its use.
8In New York, commercial consumption of gas in 2015 was a massive 8763 mmscm as against a laughable 53 mmscm in Delhi for both commercial and industrial purposes.
8Given that Delhi is twice as big as New York, it is evident that a company like Indraprastha Gas has done little to push for the spread of the gas economy amongst its population.
8Irate petroleum ministry bureaucrats were forced to set city gas connection for CGD companies to fulfill targets in the face of the company's reluctance to expand its network.
8Timee has now come to crack the whip on such companies and make them accountable for their failures.
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8The city's piped natural gas supply to households in 2015 stood at a massive 12765 mmscm.
8This is almost 200 times more than the consumption by Delhi and yet New York's population, at 8.6 million is less than half that of Delhi.
8There is no doubt Delhi is not New York both in terms of income and climate. Massive amounts of gas is consumed to keep New York heated in winters. What is more New York is a developed market for gas, as the city has taken to using gas long before Delhi started.
8Even then, some would argue that New York's winters are as cold as Delhi's summers are hot and gas can be used to cool a city as much as to keep it warm.
8The point to note is that New York uses gas in many household appliances -- from air-conditioning to geysers -- than Delhi does not.
8Gas is a cheaper energy option than high cost electricity in a place such as Delhi, particularly in commercial establishments but no attempt has been made to promote its use.
8In New York, commercial consumption of gas in 2015 was a massive 8763 mmscm as against a laughable 53 mmscm in Delhi for both commercial and industrial purposes.
8Given that Delhi is twice as big as New York, it is evident that a company like Indraprastha Gas has done little to push for the spread of the gas economy amongst its population.
8Irate petroleum ministry bureaucrats were forced to set city gas connection for CGD companies to fulfill targets in the face of the company's reluctance to expand its network.
8Timee has now come to crack the whip on such companies and make them accountable for their failures.
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The PPAC still has a lot of work to do to improve both the depth and coverage of petroleum data.
8It refuses, for example, to provide disaggregated gas consumption data despite the fact that it has that information.
8The agency claims that data for some segments of the economy has been grouped for "sake of convenience" but what it does not know is that there is a keen audience for such disaggregated data.
8Vital trends can be discerned from such data and business decisions can be finetuned using such data.
8Then again, there are inconsistencies in data dissemination by different agencies.
8The PPAC claims a different gas consumption figure for CGD entities than what is disclosed by the PNGRB.
8These divergences should be resolved.
8Like in the US, the PPAC should be able to dispense a much larger volume of data than it does now.
8The petroleum minister too must intervene where he can.
8Since gas consumption is going up, the government can take credit for increasing the depth and spread of the market and the more data it publishes, the better it is for the government.
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8It refuses, for example, to provide disaggregated gas consumption data despite the fact that it has that information.
8The agency claims that data for some segments of the economy has been grouped for "sake of convenience" but what it does not know is that there is a keen audience for such disaggregated data.
8Vital trends can be discerned from such data and business decisions can be finetuned using such data.
8Then again, there are inconsistencies in data dissemination by different agencies.
8The PPAC claims a different gas consumption figure for CGD entities than what is disclosed by the PNGRB.
8These divergences should be resolved.
8Like in the US, the PPAC should be able to dispense a much larger volume of data than it does now.
8The petroleum minister too must intervene where he can.
8Since gas consumption is going up, the government can take credit for increasing the depth and spread of the market and the more data it publishes, the better it is for the government.
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HPCL's Rs 3223 crore Mumbai refinery expansion -- from 7.5 to 9.5 MMTPA -- provides for clear opportunities for equipment and service providers.
8The contracting process is currently on.
The company is modifying and creating new facilities involving:
-- Revamp of MS Block that include the NHT/CCR, NHT/ISOM and Prime-G
-- Dismantling of the FRVPS and LRVPS units
-- A new HGU and VBU
-- A DHDT revamp for VGO mode.
8A big expansion of utilities and offsites is on thecards.
8The captive power plant will be revamped at a cost of Rs 622 crore
Click on Reports for full details on the exact nature and mode of the expansion and the attendant equipment and service requirements. Details
8The contracting process is currently on.
The company is modifying and creating new facilities involving:
-- Revamp of MS Block that include the NHT/CCR, NHT/ISOM and Prime-G
-- Dismantling of the FRVPS and LRVPS units
-- A new HGU and VBU
-- A DHDT revamp for VGO mode.
8A big expansion of utilities and offsites is on thecards.
8The captive power plant will be revamped at a cost of Rs 622 crore
Click on Reports for full details on the exact nature and mode of the expansion and the attendant equipment and service requirements. Details
