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Feb 2020

Shell is the world's largest supplier of LNG
8Yet, given the turmoil in the industry, as a supplier, it does not seem to be too sure how to look at the market
8On the one hand it says the market is poised for equilibrium either this or next year but on the other, its executives seem to speak with a forked tongue, admitting that the markets will stay well supplied till 2025
Click on Details for more Details
Last week the JKM spot LNG price reached the $2.71/mmbtu level.
8The price elastic Indian market has seen an upsurge in demand of 15 mmscmd of gas compared to the same period last year
8Indian bargain hunters are on the prowl, with some cargoes diverted out of China picked up for delivery into India
8At this moment, evacuation constraints is holding back demand
Click on Reports for more Details
GAIL India Ltd is currently in a sweet spot, with gas price tumbling and demand on the increase
8All brokerages have given out a "buy" recommendation
8But what could be the negative triggers on the company?
Click on Details for more. Details
We have evolved a powerful search tool for business development opportunities in the oil & gas, power, petrochemical and fertilizer segments
8Our industrial facility database can be searched using the following parameters: Facility name. Company name, Facility status, Country/State, Energy source, Input/Output Product (product wise) , Company name ( with two or more), Sector, NIC code, Construction date, Commissioning date, Project name
8Within an industrial facility, such a refinery, there are multiple units, all of which we have mapped. You can look for an industrial unit using the following variables: Unit name, Facility name, Company name, Unit status, Unit type, Country/State, Energy source, Input/output product, Company name (with two or more), Sector, NIC code, Construction date, Commissioning date, Shutdown date
8We have tabulated thousands of projects, all with forward looking business development intelligence. Projects are searchable using the following parameters:  Facility name, Company name, Project status, Project type, Country/State, Cost ( Min & Max.), Energy source, Sector, NIC Code, Project name (predictive keyword search), Project description (with all words OR any word), Project event (with all words OR any word), Project requirement (equipment and services), Company name (with two or more), Capital approval date, RFQ date, LOI Release date, Start date, Completion date, Sector ( From My dashboard), Type ( Form My dashboard), Stage ( Form My dashboard) and cost ( asc/sesc)
Go to www.indianpetroplus.com or contact our sales team for more information and a full demo. Details
Even as the shipping industry enters a perilous phase, the big guns continue to deliver results.
8The volumes may not have risen but profits have, based on strong technology platforms
Click on Details for more. Details
8Project Name: Kosamba Drilling Field Development
8Project Cost: Rs 1083 crore
8Project Description: Oil And Natural Gas Corporation Limited's 48 well exploratory drilling plan in 13 ML blocks of Western Onshore Basin, Gujarat is expected to be delayed by atleast a year, as the project proponent has resubmitted the proposal for the grant of TOR only this month.
Click here for more details
Details
8Project Name: MB/OSDSF/SB15/2018 Block Exploration
8Project Cost: Rs 300 crore
8Project Event: The operator is expected to issue a tender for seismic data acquisition in the block in Q2 2020 now instead of Q1
Click here for more details Details
Is there a cheaper way to source equipment in the oil & gas industry, particularly for cost conscious DSF Round awardees?
8There can be an easier and cheaper way to pick up casing and tubings as well as well related items, it seems.
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Gas finds are never easy to market. Particularly in India's North East.
8There are a host of factors at work why gas demand remains low even at low prices
8Price discovery and gas offtake will remain a complicated business in this region for E&P operators, big or small.
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LNG prices may have crashed to less than $3/mmbtu as a result of the twin effects of large supply overhand and the spread of the Coronavirus in China
8Up to 20 cargoes for China have been diverted out
8Yet the average cost of gas in January 2020 while falling, has not fallen sharply enough to spur a big upsurge in demand
Find out what our calculations are showing. Details
Ammonia-Urea Energy Saving Project
8Cost - Rs 250 crore
8Project Event: The project has been activated, and a meeting is likely to be organized in March 2020, after that an RFQ release plan for the LSTK contractor is likely, sometime around April 2020.
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Single Super Phosphate Expansion Project
8Cost - Rs 20 crore
8Project Event: The project is still on hold due to lack of fund, the company has applied for the loan as per project requirement. the project is likely to be activated after the capital approval. RFQ for the EPC contractor is likely to be released in April 2020, as the capital approval process is likely by then
Click here for more details (Available through www.indianfertilizer.com)
Details
The Caronovirus has picked its first victim among LNG projects
8Tendering for capacity worth a staggering 50 MMTPA of LNG has been put off
Click on Details for more Details
8Project Name: Jhabua, Banswara, Ratlam and Dungarpur Districts City Gas Distribution
8Project Cost: Rs 200 crore
8Project Description: Gujarat Gas Limited, has been granted permission
The survey for the pipeline was done by SECON. Gas is expected to be drawn from GSPL's Ujjain-Ratlam pipeline network through a spur line to Banswara and Jhabua which will be ready by next year.
The project will require line pipes; carbon steel pipes; polyethylene pipes; galvanized iron pipes; copper tubes; piping system components such as pipeline valves, stud bolts, and nuts; pressure relief valves, slam-shut valves, steel gate, globe, and check valves; metal ball valves; steel pipeline flanges; steel line blanks; gaskets; CNG dispensers; copper fittings; pressure safety equipments such as regulators, slam shut valves and creep relief valves; filters; metering equipments such as pressure gauges, gas meters, orifice meters; odorizing units; compressors; pumps; etc.

8Project Event: RFQs for laying and construction of underground steel pipeline network and associated works is expected later in Q3, 2020.
RFQs for laying and construction of MDPE pipeline network and associated works is expected later in Q3, 2020.
RFQs for CNG compressors and associated auxiliaries are expected by Q4 2020.
RFQs for equipments for CNG stations and auxiliaries are expected by Q4 2020.

Click here for more details Details
8Project Name: Pudukkottai Drilling Field Development
8Project Cost: Rs 1498 crore
8Project Description: Oil And Natural Gas Corporation Limited is yet conduct the public hearing for the the 40 well development drilling project in L-II PML Block in Tamil Nadu. In the meanwhile, all the scheduled RFQs for the cementing, mud and wireline services will be released only by Q2 2020. The EIA consultant Vimta Labs Limited has prepared the draft EIA report for the project which is yet to be submitted to GPCB for public hearing.
8Project Event: RFQ for the cementing, mud and wireline services is expected by Q2 2020.
RFQ for the equipment is expected is expected by Q2 2020.

Click here for more details Details
Indian shipping industry will be hit the most by fresh international regulations
8The IMO is now behind them, and the industry is already badly stressed.
8There are fresh regulations coming up from 2023 onwards which will stress the industry even further
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The Caronovirus has picked its first victims among LNG projects
8Tendering for capacity worth a staggering 50 MMTPA of LNG has been put off
Click on Details for more Details
Unlike with the gas industry where a cost-plus system is in place, the product pipeline industry's tariffs are benchmarked to railway tariff rates
8But these rates are likely to get more intricately aligned
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here seems to be no solution in sight for the NQ platform reconstruction tender (dubbed NQRC) of ONGC, in which L&T's quote -- even though a compromise price was worked out -- was found to be too high
8Will it be re-tendered?
Click on Details for more Details
What really is the reason behind the extension of deadline for the hiring of 10 offshore vessels by ONGC
8There is one recalcitrant bidder who has held up the tendering process
8But what really is his grievance?
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Procurement of Winding Cut Off and Pulling Machine Details
8Procurement of Fully Automatic Core Loss Tester Details
8Supply, Installation,Testing and Commissioning of Draw out type numerical relays with buyback of old Electro mechanical relay Details
8Supply of Carbon Steel Flanges Details
8Supply and Installation of Vapour Recovery System Details
8Routine Ultrasonic Thickness Gauging and Penetrant Services Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Reliance, a buyer of Venezuelan oil, studying US sanctions on Rosneft unit Details
8AGR risk for GAIL, OIL and Powergrid stays: Fitch Details
8India to switch to world's cleanest petrol, diesel from April 1 Details
8BPCL management hopes NRL disinvestment happens concurrently Details
8ONGC not affected from economic slowdown, coronavirus: CMD Details
8Energy Transfer signs NGL transportation, processing agreement Details
8Will go to SC and share ideas on tackling vehicular pollution: Nitin Gadkari Details
8Oil rises on supply worries, while virus-led demand concerns ease Details
8More parties pulled at London oil week due to coronavirus Details
8Russia's Rosneft says Q4 net profit up 45 per cent amid a jump in oil sales Details
8Crude oil futures gain 1.33% on global cues Details
8Oman grants gas exploration concession to Total and Thailand's PTTEP: ministry Details
8Saudi Aramco shares shed post-IPO gains as oil dives Details
8Big crude oil supply deal expected during Trump visit Details
8PetroChina resumes Guangdong refinery construction after extended holiday Details
8Impact of US sanctions on oil market and on Rosneft Details
8Venezuela's Maduro taps sanctioned VP to 'restructure' oil industry Details
8Russia sent 12.5 per cent less crude oil to Germany in 2019 Details
You can also click on Newsclips for more   Details
Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost - Rs 1800 crore
8Project Event: The company is in the process of discussions with Phosphoric Acid Process Licensors for the supply of Basic Engineering Package based on which it proposes to execute the project on an EPC basis. The EPC RFQ finalization will happen in March in place of February 2020 due to delay in the internal discussion. Simultaneously the company is in final discussion with Rock Phosphate Suppliers for the execution of Memorandum of Understanding (MoU) to ensure the availability of rock phosphate on a long-term basis. The RFQ for the EPC contractor is likely to be released in April 2020.
Click here for more details

SSP-Sulphuric Acid & NPK Fertilizer Expansion Project
8Cost - Rs 442 crore
8Project Event: RFQ for a contractor is likely to be released after environmental clearance. The environmental clearance has been elicited but approval is pending from the state and it is likely to be elicited in April 2020. RFQ for the LSTK contractor is likely to be released after 15 May 2020.
Click here for more details
(
Available through www.indianfertilizer.com)
Details
We have updates on three of OIL's E&P projects where RFQs for projcts are coming up ahead. One is an offshore block and the other two are onland blocks.
8Project Event: RFQs for seismic survey and seismic data interpretation are expected early in June 2020.
RFQs for EIA consultant is expected early in Q3 2020.

Click here for more details

Click here for more details
Click here for more details Details
8Cost Rs 2300 crore (for both)
8The two projects are now progressing independently.
8The project is envisaged to be implemented in hybrid mode: Inside Battery Limit  jobs are envisaged through LSTK mode of execution while Outside Battery Limit (OSBL part such as tanks interconnections, utilities) is to be through the conventional mode. PFR has been prepared by IOCL itself on the basis of which TOR was granted for one unit but returned for the other. Find out more
8Also know more when PMC RFQs can be expected for these projects
Click here for more details for the catalytic iso-dewaxing
Click here for more details for the catalytic dewaxing unit
Details
There have been several false starts on this but there is turmoil again in the CGD industry with fresh news that the PNGRB will in fact come out with a framework that will inject competition in geographical areas where marketing exclusivity has come to an end.
8Get a list of areas where marketing exclusivity has ended or will end shortly
8Also know more how this will hurt existing incumbents
8Clearly, there will be a lot of churning once these regulations are actually announced
Click on Details for more   Details
Bhagyanagar Gas and Megha Engineering & Infrastructure Ltd were in talks to resolve a territorial dispute
8But clearly the two could not agree on a common plan of action
8Eventually Megha won the battle
Click on Reports for more Details
GAIL chairman B.C. Tripathi has joined the board of directors of yet another company recently.
8In this role, he is expected to provide inputs on the company's gas portfolio and how to optimize operations and imports
8Separately, Tripathi is also the non-executive chairman of Essar Exploration & Production Mauritius.
Click on Details for more Details
The coronavirus has wrecked the shipping market
8So how is Great Eastern Shipping holding up?
Click on Report for more Details
For reference purposes the website carries here the following tenders:
8Supply, Installation and Commissioning of Postcap Sealing Leak Detection Machine Details
8Providing Intergrated Facility Management Services Details
8Manpower contract for operation and maintenance of CNG Mother Station and Twenty One CNG Daughter Stations at CGD Ahmedabad Network Details
8Security solution for SCADA baselining and intrusion detection system Details
8CS and CS+SS Cladded Vessels for GAIL Gandhar Details
8Painting and other Mechanical Jobs of GAIL Pipeline in refinery Details
8ARC for ROU Maintenance for Natural Gas Pipeline Details
8Monitoring of corrosion coupons installed in pipeline along HVJ pipeline system Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Pradhan reviews BS-VI fuel roll out plan from April 1 Details
8Canada to explore canola oil export opportunities to India Details
8ONGC sells Das crude at discount to Idemitsu for April-Sept arrival Details
8Bihar: Skyrocketing LPG prices hit households and eateries Details
8‘Gas Warrior’ seeks to convert India's steel mills to spur use Details
8London-based GFG Alliance acquires Adhunik Metaliks, its arm to mark India entry Details
8GP Petroleums to invest Rs 100 crore in greenfield plant at Gujarat Details
8Cooking gas prices may see monthly revision to contain subsidy Details

8Privatisation may not cause big layoffs at BPCL: Top exec Details
8Torrent Chennai city gas licence valid, says SC Details
8PNG facility in more areas soon in Patna Details
8Ammonia gas leak from Haryana plant, 100 affected Details
8Reliance, Aramco accelerate refinery stake sale talks Details
8Oil falls below $57 on coronavirus hit to demand, OPEC+ delay Details
8OPINION: Opec underestimates China coronavirus threat Details
8Petrofac secures contracts worth $1.65 billion from state-owned ADNOC Details
8Indonesia's Pertamina signs crude swap deal with Malaysia's Petronas Details
8PLL's $2.5b investment deal with Tellurian likely in Trump visit Details
8Nigeria's state oil company and partners spent $360 mln on Delta cleanup -NNPC Details
8Saudi Arabia's crude oil stockpiles fall in Dec Details
8Romania's Romgaz eyes a 20 per cent stake in Neptun Deep offshore gas project Details
8UK: Gas prices rise as high winds lead to supply delays Details
8China cuts gasoline, diesel retail prices for second time in 2020 Details
8Singapore aims to phase out petrol and diesel vehicles by 2040 Details
You can also click on Newsclips for more   Details
8Project Name: Panchmahal District City Gas Distribution
8Project Cost: Rs 200 crore
8Project Description: Gujarat Gas Limited, has been granted permission on July 7, 2016, has set up a CGD network in Panchmahal district of Gujarat. The entity won the project under the 6th CGD bidding round. The CGD network has a coverage area of 3304 sq. km.
For an overall timeframe of 5 years, GGL is expected to provide 15191 piped natural gas connections and lay 1189 inch-km of steel pipeline. The first phase of the project has been implemented and the second phase of the expansion is being undertaken now.
Gas is being drawn from GSPL's Jamnagar- Darod- Koyali High Pressure Pipeline Network Pipeline through a spur line to Halol.

More RFQs are coming up
Click here for more details
Details
Great Eastern Shipping Ltd has been able to keep an above 90%  utilization rate for its offshore fleet
8Jackup rigs rate is 93%, PSVs even higher
Click on Detaisl for more. Details
Ammonia-Urea Energy Saving Project
8Cost - Rs 250 crore
8Project Event: The feasibility studies are still ongoing, and they are likely to be completed at the end of March 2020. RFQ for the process licensor as well as LSTK contractor is likely to be released in April 2020.
Click here for more details

DAP Expansion Project
8Cost - Rs 442 crore
8Project Event: 50 % erection work has been completed, all equipment has reached the site but installation has not started yet, and is likely in March 2020. The commissioning has been delayed by two months from August to October 2020.
Click here for more details (Availble only through www.indianfertilizer.com)
Details
We are slowly populating our database on CGD projects. As we go along we will be able to cover all projects and provide you a dynamic view, with information relation to future RFQ dates for equipment and services, gas connectivity, industrial customers acquired and related gas and competitive fuel prices in dozens of industrial clusters
Two new entities have been added to our database today

8Project Name: Hoshiarpur and Gurdaspur Districts City Gas Distribution
8Project Description: Gujarat Gas Limited is expected to be drawn from GIGL's Bhatinda-Jammu-Srinagar Pipeline through the Hoshiarpur-Gurdaspur spur line.pumps; etc.
8Project Event: RFQs for laying and construction of steel pipeline network and associated works is expected later in Q3, 2020.
RFQs for laying and constriction of MDPE pipeline network and associated works is expected later in Q3, 2020.
RFQs for equipments for CNG stations and auxiliaries are expected by Q3 2020.
RFQ's for equipments for CGS are expected by Q1 2021.

Click here for more details
8
Project Name: Jalore and Sirohi District City Gas Distribution
8Project Cost: Rs 200 crore
8Project Description: Gujarat Gas Limited will draw gas from GIGL's Mehsana-Bhatinda Pipeline through the Barmer- Pali spur line.
Click here for more details for more on RFQs ahead
Details
8Project Name: CB/ONDSF/ELAO/2016 Onshore Field Development
8Project Cost: Rs 50 crore
8Project Description: PFH Oil and Gas Limited has released the RFQs for the hiring of drilling services for its DSF 1 block, KG/ONDSF/Elao/2016. As per the sources, the Petroleum Mining Lease, for the block has been granted. The drilling in block is expected to start by Q4 2020. The public hearing for the block has already been carried out in October 2019, but the environment clearance is still pending.
Click here for more details Details
8Project Name: Hazira Solar Power Plant
8Project Cost: Rs 65 crore
8Project Description: Oil and Natural Gas Corporation Limited is planning development of a solar-powered power plant of 5 MW capacity in Hazira, Gujarat. Currently, the project is in pre-planning stage and project scoping work is going on and sanctioning of land is likely to be executed next month. In the meanwhile, those who have expressed their interest in the project include; Harsha Abakus Solar Pvt. Ltd, Madhav Infra Projects Ltd, Refex Energy Ltd, Sterling & Wilson Solar Ltd, TATA Power Solar, Vikram Solar Ltd, U R Energy (INDIA) Pvt. Ltd, Onix Structure Pvt. Ltd, Jackson Engineers Limited, Enrich Energy Pvt. Ltd, Surya Day Pvt. Ltd and Amara Raja Power System Ltd. It is pertinent to mention here that Vikram Solar has already executing a 10 MW project in an adjacent site. The project will be administered by ONGC Energy Centre, New Delhi.
8Project Event: LOI for the project is expected to be awarded by Q2 2020.
Click here for more details
Details
8Project Name: BCPA-2 Platform Water Injection Facility Revamp
8Project Description: Oil and Natural Gas Corporation Limited is planning to hire an LSTK contractor for the revamping of BCPA-2 Platform Water Injection Facility at BPA Process Complex in Western Offshore Basin. The entire work scope has to be completed within a timeframe of 18 months. A Pre Qualification Criterion meeting for the project is scheduled on 25th February 2020. In the meanwhile ONGC is also planning to carry out protective coating on BCPA-2 process platform for which tendering is under progress.
8Project Event: LOI for the project is expected to be awarded by May 2020.
Click here for more details Details
January 2020 POL consumption is down.
8MS consumption is lower than earlier few months, while the fall in HSD demand is steeper.
8There are indeed deep seated changes going on in the Indian energy market. Some cyclical while others are structural
8MS consumption could be down because of the economic downturn, coupled with low sales of new cars as the market awaits the advent of electric cars. In India, a vehicle buyer has a 10 year perspective, and currently the outlook is fluid. Already, the lifecyle cost of electric  two wheelers is cheaper than their conventional counterparts.
8Lower HSD consumption could be a result of higher efficiencies brought about by GST, wherein trucks can traverse long distances in quicker time. At the same time, the downturn has hit truck movement too
Click on Reports for more Details
What exactly is the fate of the Afcons-Sapura bid for the Ratna R Series field?
8Apprehensions were that it had run into trouble
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Global Expression of Interest for providing Technical Consultancy Services for Mature Fields Management Details
8Supply and Installation & Commissioning of Chemical Injection System Details
8Supply of Christmas Tree Assembly Details
8Item Rate Contract for providing services related to O&M works for Dispatch Terminal Details
8Procurement of under Ground Pipeline Locator (Pipeline Defect Mapper) Details
8Construction of Peripheral Road in Compressor Station Details
8Hiring Contract Services for Implementation of Leak Detection and Repair (LDAR) Program Details
8Healthiness Checking, Adequacy Study/ Audit on Lightning Protection Details
8Removal of Sulphur Powder/ Sulphur Dust from all the conveyors Details
You can also click on Tenders for more

For reference purposes the website carries here the following Newsclips:
8Positive outcome likely for GAIL India on AGR issue Details
8India’s petroleum demand suffered marginal fall in January 2020 Details
8ONGC stock falls over 3 pc on Q3 results Details
8ONGC sells April-loading Russian Sokol crude at higher premium Details
8Old-timer Manoj Jain takes charge as GAIL top boss Details
8Payment of AGR dues to bring down fiscal deficit to 3.5% in FY20 Details
8Pradhan says does not believe SC's AGR ruling applies to non-telecom PSUs Details
8Calcutta HC demands RBI to revoke Bank of Baroda's license over payment issues with IOCL Details
8Petronet eyeing opportunities to source LNG across the globe including Tellurian Details
8Non-telco PSUs eye TDSAT for AGR relief, Pradhan says SC ruling not meant for them Details
8Crude oil futures gain Rs 22 to Rs 3,729 per 10 gm Details
8Russia's Rosneft pledges $5 bln for 'green' causes over next 5 years Details
8Oil traders rent S.Korean storage for excess supplies after virus hit China demand Details
8China's private refiners snap up crude bargains amid ample supplies Details
8Private firms keen on shale gas exploration, demand concessions Details
You can also click on Newsclips for more   Details
US President Donald Trump will visit India next week
8Will Petronet LNG sign a deal for an $2.5 billion equity stake in Tellurain 27 MMPTA Driftwood project during the visit?
8Or will it not?
Click on Details for more Details
The evacuation infrastructure is getting readied for the Chhara R-LNG terminal, promoted by HPCL-Shapoorji Pallonji. RFQs are slated to come out after route survey is completed
8Along with Swan LNG terminal and H-Energy's Jaigarh terminal, and now that the Mundra LNG terminal has been commissioned, India will see a dramatic increase in its LNG regasification capacity this year. Details
Oil and Natural Gas Corporation Limited's plans for the development project in Khubal Block (AA-ONN-2001-1) in Tripura seem be on the roll now
8ONGC plans to release the first gas from  the block latest by 30.06.2022.
8An approximate amount of 0.4 MMSCMD of gas at a price of US$ 3.16/MMBtu is planned to sold from Khubal GCS for an overall period of 15 years.
8However, ONGC has set a maximum offtake period of 730 days from the NOA.
Click on Reports for more Details
The use of petcoke by the steel industry is coming under increasing limelight
8The demand for allowing petcoke imports is still being debated
8But it is now likely that the government may end up asking for more accountability on pollution control measures from the steel industry going forward.
Click on Reports for more Details
Low LNG prices are going to benefit LNG terminals in India, particularly the freshly commissioned Mundra terminal
8But the biggest gainer will continue to be Petronet LNG Ltd for more than one reason
Click on Details for more. Details
2020 was always going to create a more complex fuel oil market as trade flows shifted and new grades emerged.
8The first and most obvious impact was a collapse in the volumes of high sulphur fuel oil (HSFO) now that IMO 2020 has been implemented
8But new outlets are being opened for HSFO even as some doors shut
Click on Reports for more Details
Two domestic steel pipe manufacturers have scored a major victory by extracting an order for supply of 20% of all high quality offshore marine pipe requirement of ONGC.
8Will safety stand compromised?
8Then again, while preference for domestic pipes is the highlight, the pipe manufacturers in turn find it difficult to access high quality steel needed to make these pipes
Click on Details for more Details
8Project Name: Hyderabad District City Gas Distribution
MECON Limited is the EPMC for the said project. Gas is drawn from East West Natural Gas pipeline via GAIL's KG Basin Network. The operator has developed a mother station at Shamirpet for supply of natural gas to the district. Some daugther stations are being connected through supply by cascades.
Click here for more details for RQs ahead

8
Project Name: Vijaywada District City Gas Distribution
MECON Limited is the EPMC here as wellt. Gas is being drawn from East West Natural Gas pipeline with gas sourced form GAIL's KG Basin Network.
Click here for more details for business opportunities ahead
Details
The coronavirus has badly impacted the petrochemical industry
8The petrochemicals industry is a vital part of global manufacturing supply chains. And because it is a step up in the hydrocarbon chain from the natural gas business and refining—as it takes raw materials from the energy sectors—it is caught in a perfect storm as a result of the outbreak
Click on Reports for more Details
How is BPCL's share price going to behave, now that privatization looms ahead?
8Will the price go up?
8Perhaps not
Click on Details for more Details
As the battle between the Ruias and Mittals exacerbate over the control of jetties linked to the Essar steel mill in Hazira, now taken over by Nippon Steel and LN Mittal's AcelaorMittal, everyone's attention is focus on Ruia-controlled Essar Bulk Terminal Ltd, under whose aegis the jetties operate
8Essar Bulk Terminal Ltd operates a total of five berths with a total quay length of 1,650 mtrs with operational draft of 12 mtrs. This consists of two Mechanised bulk berths and three multipurpose berths for handling bulk and break bulk cargo. The terminal has a port back up area of 178 hectare for cargo storage
8It is an-all weather, deep-draft terminal which is located on the mouth of Tapi estuary along the western side of the Hazira peninsula in Gulf of Khambhat, under the Magdalla Port of Gujarat Maritime Board (GMB). Magdalla port is a "non majort" port, wherein the waterfront andonshore areas have been leased to different parties for captive use (Essar Steel, RIL, L&T, KRIBHCO, Gujarat Ambuja Cement, GMB), private shipyards (L&T, ABG) and a private LNG terminal (Hazira Port Pvt ltd-LNG terminal operated by Shell).
8The Mittals are claiming that the jetties were allocated as captive entities of Essar Steel by the GMB but the Ruias say that they are under a different company with take or pay arrangements with Essar Steel
Click on Details for more Details
Get an update here on the Pipeline Replacement Project (PRP-7), where 20% of the mainline pipe orders are going to reserved for two domestic suppliers
8The submission date has been put off
Click on Details for more on possible bidders, LOI date and more
Click here for more details Details
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