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Feb 2021

The website also carries here the daily import data on:
8Chemicals
8Crude
8Fertilizers
Click on Reports for more. Details
8Shell's Hazira LNG terminal is finally reporting a new cargo after a break of a month
8This is a cargo coming in from Sabine Pass
Click on Reports for more. Details
8Fresh amendments to the right of first refusal now make it much easier for Indian flagged vessels to win global tenders in the oil & gas industry
Click on Reports for more. Details
8The much-touted start-up exercise by petroleum companies did not really make a big dent.
8Why is that so? Details
Two city gas distribution companies saw a sharp fall in gas consumption
8Yet they were able to post good pretax profits.
8How was that possible?
8Perhaps by not passing on the benefits to consumers proportionately.
8When subsidized gas is given to CGD entities, systems have to be put in place to ensure that benefits are passed always passed on down the line. Details
Nano Fertilizer Greenfield Project      
8Cost - Rs 119 crore
RFQ for the LSTK contractor is likely to be released in Q2 2021. 
DAP/NPK Greenfield Project  
8Cost - Rs 300 crore
8Project Event: Feasibility Studies are still ongoing. RFQ for the EPC contractor is likely to be released in April 2021. Details
8What is the latest on the 5 jack-up rig tender of ONGC?
Find out more. Details
Tenders are expected to come out for the following refinery units:
8CDU/VDU
8DHDT
8SRU
Click on Details for more. Details
8What really happened with Petrofac when the bids for the DFCU, PFCU and the LLDPE/HDPE were opened for the Rajasthan refinery?
8Why was it disqualified? Details
For reference purposes the website carries here the following tenders:
8Lightening Risk Assessment Study of EPS for Onshore Blocks Details
8Supply of Stage 2 Inbuilt VRS Dispensing Unit Details
8AMC of Horticultural Works Details
8Procurement of Ejector for DM Plant Details
8ARC for Crane and Hydra Service for a period of two years Details
8Procurement of Liquid Nitrogen in tankers Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Gujarat Gas m-cap crosses Rs 30,000 crore Details
8Petroleum products' prices depend on int'l markets: Pradhan Details
8Congress calls for Odisha bandh on Feb 15 over rising fuel prices Details
8Petrol rate nearly Rs 94 a litre, diesel crosses Rs 84 in Mumbai Details
8Investor Corner in revamped website to showcase investment opportunities in oil, gas sector Details
8Cairn CEO wants to see Sitharaman on arbitration award next week; no time given yet Details
8GAIL Q3 profit rises 19 pc on uptick in petrochem margin Details
8Indraprastha Gas Q3 results: Net profit rises 18 per cent to Rs 335 cr Details
8No plans to cut taxes on petrol, diesel: Dharmendra Pradhan Details
8Misnomer to campaign that fuel prices are at all-time high: Dharmendra Pradhan Details
8BPCL to buyout Oman Oil stake in Bina refinery for Rs 2,400 cr Details
8Germany set to agree phased introduction of hydrogen transport Details
8Oil majors suffer massive losses in 2020 Details
8Oil drops after strong rally, demand hopes limit losses Details
8Dana Gas posts 2020 net loss of $376 million Details
You can also click on Newsclips for more   Details
Paradip refinery PX tender saw Tecnimont as the lowest bidder.
8The other bidders were Tata Projects, Petrofac and L&T
8Find out what the bid prices were. Details
On mere economics alone, gas use in India does not make for a compelling case.
8The average price of gas as it exists today is unaffordable in India.
8What is more, prices are not good enough to trigger an E&P investment to prop up gas supply domestically. Domestic production will pick up but later, once prices rebalance towards the mid 2020s
8This is are the startling findings of none other than the IEA
8The road to a gas economy is going to be long and arduous. Details
The thing about the downstream refinery industry is that there is a fair amount of competition for contracts.
8Here is a PX plant, of IOC, at Paradip, where an L-1 contractor emerged yesterday
Click on Details for more. Details
This one is a giant NPK-DAP plant
8Cost Rs 1000 crore
8EPC contractor RFQ, project proponents claim, will come up in March
8Let's keep our finger crossed. Details
A private sector coal-based ammonia urea company?
8Cost: Rs 7500 crore
8Is it possible to build one.
8Going by the risk-taking capability of this business group, it may well go ahead.
8The company is planning to hire the PMC contractor first, RFQ for the PMC contractor is likely to be released in April 2021 and RFQ for the EPC contractor is likely to be released in May 2021. Details
An entire hydrogen-powered clean chemical city is coming up in the Gulf
8India can perhaps emulate this example?
Click on Reports for more. Details
For reference purposes the website carries here the following tenders:
8Lightening Risk Assessment Study of EPS for Onshore Blocks Details
8Procurement of Mak Ruby Grease at Mumbai And Loni Details
8Construction of Steel Pipeline and Associated Works Details
8Hiring of Operational Assistance Services Details
8Painting of External Surface of RCC Chimneys of Power Plant Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Punjab Cong to hold protest on Feb 11 against fuel price hike Details
8GAIL acquires 5 per cent stake in IGX Details
8Kochi Petrochemical Park to make Kerala industry-friendly: CM Details
8BPCL to close NRL, Bina refinery deal before March Details
8India's January fuel demand falls as oil prices tick up Details
8BPCL third quarter net profit more than doubles on inventory gains Details
8US forces not protecting Syrian oil fields: Pentagon Details
8Indonesia's Pertamina 2021 crude oil imports seen up 50.4 per cent y/y Details
8CNOOC delivers 53,000 tonne-production, storage platform to deepwater gasfield Details
8Nord Stream 2's construction in Danish waters could be finished by end-April Details
8Gazprom pauses gas supply to Russia's Kaliningrad region -Lithuania Details
8Shell cuts exploration ambitions in Norway, to focus on natural gas Details
8Oil prices extend rally after surprise fall in U.S. stocks Details
8State oil firms risk wasting $400 billion as energy shift speeds up Details
You can also click on Newsclips for more   Details
The Federation of Indian Petroleum Industry (FIPI) brings out an attractive looking monthly oil & gas report but it needs to do more than just put together information from the public domain.
8FIPI must imitate the American Petroleum Institute or better still like what the IEA now does with India, collecting information at a deeper level from the Indian government to put together insightful reports.
 8It can also collect incremental non-public information from its members
 8The problem with the Indian oil & gas industry is their marked reluctance to pay up, either in terms of a higher corpus for FIPI to do good independent work or, let us say, as subscription fees for a website such as ours.
 8There are horror tales we can narrate of chief executives of the largest oil & gas companies in India bargaining with us for a few thousand rupees worth of discount.
 8With a mindset like that, FIPI will have no option but to keep doing what it does, to the best of its ability. 
 8In reality FIPI is just a memorandum issuing body for the Indian industry. What individual companies cannot get done on their own, they use FIPI to fire out a letter. Beyond a point, no one, including its members, takes it seriously.
Click on Reports for more. Details
As many as five LNG vessels are currently lined up for processing at GAIL's Dabhol terminal, taking advantage of the fair-weather window.
8Clearly, once the breakwater facilities are built by L&T, Dabhol will become a big all-year-round asset for GAIL.
8Ironically, all of India's LNG trade is confined to just two of the six active terminals.
8Either because of a faulty business model or on account of lack of demand or the unavailability of evacuation networks, four of the six terminals are without any LNG vessels to unload as of the moment. Curren JKM prices continue to remain too high for independent terminals like Shell's Hazira complex to come back to business again.
Click on Reports for more. Details
8Project Name: Dehradun District City Gas Distribution
8Project Cost: Rs 200 crore
8Project Event: RFQs for valves, gaskets, dispensers, compressors, and odorizing units are expected in March 2021. PNGRB has given an extension of 129 days to Gail Gas Limited for achieving their MWP targets due to the COVID 19 pandemic.
8RFQ Date: Q1/2021
8Release Date: Q2/2021
Click here for more details. Details
Adani Gas, Torrent Gas, and now GAIL are on board
8That does not necessarily guarantee a secure future for IGX
8Does it?
Click on Details for more. Details
Oil prices are going up, and Indian E&P, after a bad year, can begin looking at investing again. Perhaps.
8But if the industry is still reluctant, here are a bunch of buys from the government and the private sector willing to cheer you up
Click on Reports for more Details
Interestingly, Paradip refinery has vessels lined up for berthing later in the week.
8But there are no vessels at berth for a few days now
Click on Reports for the crude import matrix for the day. Details
With the effects of the lockdown slowly disappearing, chemical imports are picking up speed.
8Earlier, vessel line-ups totalled up to less than 1 MMTPA but it is now over this mark
8And we are noticing vessel waiting in busy ports such as Mumbai and Kandla
Click on Reports for more. Details
The RIL-BP combine has just concluded a deal for an incremental 7.5 mmscmd of gas
8Find out why buyers were scared to put in bids
Click on Details for more. Details
ONGC has as many as 24 offshore vessel requirements coming up
8But one set of awards has been held up
Click on Details for more. Details
A Rs 25 crore fine was imposed on IOCL for polluting the environment in a refinery
8The company has paid up but under protest
Why so? Click on Reports for more. Details
8Third party inspection agencies have registered a severe non-adherence to rules by CGD and pipeline companies
8The list of violations is a long one and makes for sordid reading. Click on Reports for more. Details
Third party inspection agencies will play a more important role in CGD inspections
8Inspection roles are now being more sharply defined
Click on Reports for more. Details
8Project Name: Varanasi District City Gas Distribution
8Project Cost: Rs 200 crore
8RFQ Date: Q1/2021
8Release Date: Q2/2021
8Start Date: Q3/2018
8Completion Date: Q3/2024
Click here for more details Details
This is a small private oil field company in India
8And it has got assets that are clearly low cost and making money
8But it registered a sharp drop in profitability, why so? Click on Reports for more. Details
8A whopping 32 mmscmd of gas is processed in this terminal
8There was a fire on September 23, 2020
8What really went wrong
8Get an incident analysis here
Click on Reports for more. Details
The next ethane cargo for RIL is slated to arrive on March 13
8Port of origin Houston
Click on Reports for more on the entire chemical import matrix for India. Details
RIL has a massive 2.85 million tonnes of crude lined up for unloading at Sikka
8Find out where this crude is being sourced from
Click on Reports for more. Details
8Get the daily and weekly data on fertilizer imports as of yesterday
Click on Reports for more. Details
Ammonia-Urea Energy Saving Project    
8Cost - Rs 250 crore
Capital approval in April, 2021
Urea Expansion Project   
8Cost - Rs 52 crore
PMC contractor RFQ by April, 2021
Click on Details for more. Details
Why is Shell's Hazira terminal running surprisingly dry when all other terminals are taking in normal cargo?
8Is this because spot prices are still higher, or is there more to it than meets the eye?
8JKM prices are setting down, and isn't it time that the terminal start reporting fresh cargoes?
 Click on Reports for more. Details
For reference purposes the website carries here the following tenders:
8ARC for repairing of Electronic Cards of Instrumentation System at LPG Plant And HVJ Compressor Station Details
8ARC for ROU maintenance & other associated facilites of pipeline systems under Hazira Maintenance base Details
8Design, SITC of Solar Inverter for Grid Tie/ Net Metering and Approval & SITC of 11kv Out Door Yard Meter Details
8Interior and Furnishing Works for GAIL Township Details
8Procurement of Safety Hand Lamp and Safety Torch Details
8Refilling, Hydrotesting & Servicing of Calibration Gas Cylinders required for Analyzer installed at C2C3 Recovery Plant and LPG Plant Details
8Supply, Installation, Testing and Commissioning of Projector and Associated Works Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
81 crore people will get LPG connections for free: PM Modi Details
8Meghalaya govt to reduce tax on petrol, diesel by Rs 2 per litre: CM Details
8Iraq resumes transporting oil derivatives by train Details
8Brent approaches $60/bbl as supply cuts, stimulus hopes lift prices Details
8Crude oil futures rise on spot demand Details
8Oil climbs to 13-mth highs, as supply cuts, demand optimism support Details
8State oil firms risk wasting $400 bln as energy transition speeds up Details
8ANALYSIS: Oil’s recovery is too fast for its own good Details
8US forces not protecting Syrian oil fields: Pentagon Details
You can also click on Newsclips for more   Details
The EPC business is going through a tough patch globally.
8In  India too, many EPC companies had come in, prospered for a while, and then faded away.
8And the field has now narrowed down to a handful of players in the oil & gas space
8Clearly, this business is not for the faint-hearted.|
Click on Reports for more. Details
What is the latest on the PP, SRU and MS block tenders from Rajasthan refinery?
8What is going on with these tenders? Details
8Reports have it that Nayara had indeed notified the preferred bidders for their recent crop of refinery-cum-petrochem projects
8No LOIs have come through, it is learned. Details
For reference purposes the website carries here the following tenders:
8Expression of Interest for purchase of plot of land for setting up Mother CNG Station Details
8VHF Radio System for HCPL Project Details
8Appointment of C&F operator cum secondary transporter at BPCL lubes depot Details
8Site Enabling Works including construction of road, Site Grading and Allied Civil Works Details
8Mandatory, Testing and Painting of Cylinders at Hazarwadi LPG Plant Details
8Transportation of Packed LPG Cylinders by Road Ex Rayagada LPG Bottling Plant Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Goa hikes VAT as fuel costs hit all-time high Details
8ONGC CMD pitches for deeper collaboration for sustainable growth Details
8Modi in Bengal, Assam on Sunday to inaugurate, lay foundations of development projects Details
8Ambuja Cement commences sea trials with bio-fuels to bring down carbon emission Details
8After India’s protest, OPEC leaves oil price for March shipments to Asia Details
8It’s Sena vs BJP in Maharashtra with protests on fuel price hikes, inflated power bills Details
8After two days of spike, petrol and diesel prices remain unchanged Details
8ONGC cuts carbon intensity by over 12% in 5 years: Chairman Details
8GAIL puts West Bengal on India's gas-map, hurl in greener, cheaper fuel for homes, automobiles Details
8PM Modi dedicates slew of infra projects to nation in West Bengal's Haldia Details
8Petrol and diesel prices unchanged for second consecutive day Details
8Indian Oil launches super-premium XP100 Octane in Visakhapatnam, first in AP Details
8Centre trying best to reduce fuel prices, but onus also on state govt: Smriti Irani Details
8Reliance buys two-thirds of own gas from KG-D6; GAIL, Shell among other buyers Details
8Hedge funds bet on oil's 'big comeback' after pandemic hobbles producers Details
8Pipeline commissioning helps Essar deliver coal gas to fertiliser plant Details
8Escalating oil prices signal need for more output to halt fall in inventories Details
8Amazon orders hundreds of trucks that run on natural gas Details
You can also click on Newsclips for more   Details
There are two ammonia projects coming up
8One is brownfield
8The other is greenfield
8Contractor requirements are expected to come up by April in each, according to our analysts
Click on Details for more. Details
Offshore wind is still to catch up in India but eventually like elsewhere in the world, it will indeed pick up speed.
8By latest estimates, offshore wind-related capex will start exceeding oil & gas by 2024
8The offshore E&P marine support industry can get a fresh lease of life once offshore wind picks up speed in and around the Indian subcontinent, which has immense potential.
Click on Details for more. Details
This is one private sector fertilizer plant that funded its $914 million expansion via a  3.5:1 debt-equity ratio. The incremental gas demand was one additional cargo a month.
8The investment was risky and no other private sector entrepreneur was willing to take the risk
8But business is all about taking risks, and this one seems to have paid off handsomely
Click on Reports for more. Details
8We are currently tracking 1.08 million tonnes of chemical imports.
Click on Reports for more. Details
LNG cargoes coming into India has got restricted in the aftermath of the massive surge in spot prices
Cargoes are now coming in from:
8Ras Laffan
8Sabine Pass
8Das Island
8Soyo (one cargo for BPCL)
8Qalhat (one cargo for GSPC)
Click on Reports for more. Details
The website is currently tracking 7.4 million tonnes of crude oil transportation to India.
8A benchmarking study is needed among various refineries to understand the transportation efficiency.
8While a pricing analysis will need full pricing data, transportation and scheduling efficiency using only the vessel waiting time at unloading port can throw up some interesting results.
8The website will do this at some point in time
Click on Reports for more. Details
Lean season in the fertilizer sector means that bulk urea cargoes are not coming in now.
8Mostly MOP and rock phosphate cargoes are arriving
Click on Reports for more. Details
8Project Name: West Singhbhum District City Gas Distribution
 8Project Cost: Rs 150 crore
 8RFQ Date: Q1/2021
 8Release Date: Q2/2021
 8Start Date: Q1/2020
 8Completion Date: Q4/2028
Click here for more details. Details
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