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Jun 2019

The website carries here the details of an E&P block that ONGC had been operating since 2003 but had to fight to get it back under the DSF-2 round
8Now that it has the block back, the company is planning to embark on a development drilling programme
8Considerable amount of gas is lying locked up in the block and ONGC plans to unleash its potential by adding a few more development wells
Click on Details for more Details
The dredging work for this offshore E&P project has been taken by a Netherlands based company
8The survey of the area was done by Fugro
8In the meanwhile, an LSTK contract for the pipeline repair job will be floated soon
Click on Details for more Details
For reference purposes the website carries here the following tenders:
8Terminal Automation System at Haveli Installation Details
8Procurement of 3D Seismic Data Interpretation & Static Modeling Suite Details
8Supply of Seamless and Cold Drawn Tubes Details
8Appointment of Automotive, Industrial and Rural Lube Distributors for locations in Western India Details
8Appointment of Automotive, Industrial and Rural Lube Distributors for locations in Southern India Details
8Operation & Maintenance Services of Wind Farm Details
8Transportation of Packed LPG Details
8Terminal Automation System Revamping at Ajmer and Jaipur Terminal Details
8Procurement of Spares for National Crane Details
8Supply of Rotational Viscometer Details
8Supply of Skid Mounted Hydraulic Power Unit Details
8Supply, Installation and AMC of Crude Oil Composition Analyzer Details
8Operation & Maintenance Services for Kakinada Bulk Handling Plant Details
8Hiring of 10T Mobile Hydraulic Cranes Details
8Procurement of HP Mud Gate Valves Details
8Procurement of one Multiparametre Equipment, required for determining routine parameters for ultimate analyzing geological samples Details
8Availing the services of Toxicity Testing for 4 Microbial cultures Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
884 gas leaks at Sterlite in 2013 alone, Tamil Nadu tells Madras HC Details
8India expresses concern over rising oil prices following developments in Strait of Hormuz Details
8HPCL installs reactor at AP refinery under expansion project Details
8Pradhan steps up energy diplomacy amid oil price volatility Details
8Govt recognises ONGC as HPCL's promoter Details
8Rajasthan CM Gehlot asks HPCL to complete refinery in 4 years Details
8ONGC sets up inquiry into leak of online exam questions Details
8Investor LGIM dumps ExxonMobil from its Future World funds Details
8Trump orders review of controversial biofuel waiver programme Details
8Oil in floating storage hit near two-year high in May Details
8UK energy regulator approves BBL gas pipeline reverse flows Details
8Production resumes at Russia's Sakhalin-2 LNG plant Details
8US oil prices soar 10% in the week on fears of US-Iran conflict Details
8Oil prices extend gains amid Middle East tensions, rate cut hopes Details
8Rising Iran-US tension revives India’s oil worry Details
8Carbon footprint of US military larger than most countries: Study Details
8India intensifies talks to check oil prices as US-Iran tensions rise Details
8Oil prices rise as Middle East tensions simmer Details
8Average US price of gas drops 11 cents per gallon to $2.73 Details
You can also click on Newsclips for more   Details
Now that a move is on to allow anyone with Rs 250 crore to set up an outlet for retail fuels, there seems to be a backlash building up from existing players -- both public and private -- who have spent time and money to build up their networks.
8There are now reports that the massive expansion spree by public sector oil marketing companies is already bringing down throughout per pump to unviable levels.
8And if non-oil players are allowed to set up shop, the situation can go from bad to worse, the argument runs.
8Will this stand by existing players stymie the move to liberalize the sector, as the petroleum ministry begins the exercise of moving a cabinet note?
8Meanwhile, while private and public sector companies have misgivings about the liberalization of the retail sector, they will be at loggerheads when it comes to the liberalization of LPG marketing, for which an expert committee has now been appointed. 
Click on Reports to know more on how this argument runs Details
ONGC may end up deploying brand new Airbus helicopters in its offshore operations
8Find how that will be so
Click on Reports for more Details
8Project Name:  Drilling Site Development
8Project Cost: Rs 200 crore
8Project Description: Oil and Natural Gas Corporation Limited has floated an EOI for the chartered hiring of a workover rig with a capacity to drill upto 2000 metre for a 3 year period. The wells may be required to be worked over (Vertical or deviated) and completed in 5-1/2”, 5-3/4”, 7” and 9-5/8” casings. In the meanwhile, ONGC has authorised following vendors for the supply of fishing tools; NOV (Bowen/Griffith), Weatherford, Schlumberger (Smith intl), Baker Oil Tools. Further RFQs are expected shortly.
8Project Event: RFP for the workover rig is expected by September 2019.
Click here for more details Details
Customized Blending Unit for NPK Fertilizer & Ammonia Storage Tank Greenfield Project
8Cost - Rs 90 crore
8Project Event:The project is halted due to lack of funds, the company's first priority to do the energy-saving project.
Click here for more details
Single Super Phosphate Expansion Project
8Cost - Rs 35 crore
8Project Event: The approval of environmental clearance is under process. The RFQ for the contractor is likely to be released in July 2019.
Click here for more details 
Available only through www.indianfertilizer.com Details
Why is it that ONGC is so fond of its association with Gaffney Cline and Associates (GCA) that it continues to award large jobs on a nomination basis to it all the time?
8It is a relationship based on trust and good faith
8Find out more on how GCA went about earning this goodwill
Click on Details for more. Details
Nauvata Engineering, in consortium with Consub Ltd, is the Project Management Consultant for the KG-DWN-98/2 project.
8Nauvata is clearly the major driver of this consortium, and the Rs 230 crore contract involves a win-win deal for the consultant in more ways than one.
8What the company was able to wrangle is a cost-plus contract with really no downside or delivery pressure
Click on Details for more Details
How does ONGC's quality-cum-cost criteria for selecting its project management consultant really work?
8When arriving at the L-1 price, under this formula, one big advantage is there is no real need to look at rate reasonability, which is otherwise always a problem
8Find out how it all works, and how the markings are done while selecting a consultant
Click on Details for more Details
8Project Name: Integrated Facilities Complex
8Project Cost: Rs 350 crore.
8Project Description: Oil and Natural Gas Corporation Limited's tender for LSTK contractor hiring for Nandasan Surface facility project in Mehsana has received quite a few bids. Find out who the bidders are. The LOI for the project is expected to be awarded by the end of July 2019. Also, the RFQs for the hiring of EPC contractor for pipeline package related to the surface facility will be released after the award of LOI for the LSTK package.
8Project Event: RFQ for EPC contractor for pipeline package are expected by July end 2019
8Expenditure Approval: Q1/2018
8RFQ Date: July/2019
8Release Date: Sep/2019
8Start Date: Q3/2019
8Completion Date: Q4/2020
 Click here for more details Details
8Project Name: Offshore Field Development
8Project Cost: Rs 260 crore
8Project Description: HOEC is running into roadblocks in the PY-1 offshore project
Click here for more details Details
Alphageo is in charge of 2D seismics in this belt
8Initial findings show no hydrocarbons in this belt but survey is yet to cover the entire allocated area yet
Click on Details for more Details
Project Name: Numaligarh-Itanagar Greenfield Product Pipeline Project.
8Project Cost: 470 crores
8Project Description: Numaligarh Refinery Limited is planning to lay a product pipeline from Numaligarh to Itanagar with a capacity of 0.5 MMTPA in order to improve petroleum product supply in the North Bank of Brahmaputra. The route length for the proposed pipeline will be around 100 Km and will be passing through the Brahmaputra River. TOR for the Numaligarh refinery expansion project was granted last year but yet they are short of EC. Currently, tender for surveying work is also kept on hold. Further RFQ will come after 3-4 refinery expansion project get its clearance.The project will involve horizontal directional drilling (HDD) across the Brahmaputra river
8Project Event: RFQs for the surveying work is expected by September-October 2019.
Click here for more details, including key contacts Details
For reference purposes the website carries here the following tenders:
8Supply and commissioning of water purifier Details
8Procurement of Operation Services of COCO CNG Stations Details
8Procurement of Domestic Diaphragm Gas Meters Details
8Hiring of Slickline Services on Call Out Basis in Operatorship Block Details
8Bulk Lube Transportation to Loni Rewari and Tondiarpet Details
8Hiring of Nitrogen Pumping Services on Call Out Basis for Operatorship Block Details
8Filing of Indian Patent Applications for Cross Flow Reactor Details
8Replacement of Deaerator during shutdown Details
8Supply of IBR approved small bore welded bonnet CS Valves Details
8Heat Exchanger and Fin Fan Overhauling during shutdown Details
8Supply of SS Pipes Details
8Gas Sales from Pundi field Details
8Hiring of 10T Mobile Hydraulic Cranes Details
8Charter hiring of workover rigs for well services Details
8EOI for software providing crude related market information including market premium/ discount, crude availability Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Maharashtra identifies site for Saudi Aramco, ADNOC's refinery Details
8Indian Oil to invest Rs 700 crore in setting up 2G ethanol plant at Panipat refinery Details
8Cairn Oil and Gas selects Lloyd’s Register for Integrated Project Management of 41 blocks Details
8ONGC sets up inquiry into leak of online exam questions Details
8Old oil blocks to get tax sops even if output delayed Details
8Oil prices rise as US stockpiles drop, OPEC agrees meeting date Details
8OPINION: Global economic slowdown hits oil consumption Details
8Global LNG producers see cost risks looming over next wave of projects Details
8Singapore's Pavilion Energy to acquire LNG assets of Spain's Iberdrola Details
8Tallgrass asks US FERC for decision on Colorado Cheyenne natgas projects Details
8Vivo Energy forms venture to roll-out more KFC's in East Africa Details
8Singapore's Pavilion Energy to pay $130 mn for Iberdrola's LNG assets Details
8Trans Mountain oil pipeline expansion may start in September Details
8Auto, factory slowdown to hit oil companies' earnings growth Details
8Nigeria's Buhari appoints new head of state oil firm Details
8Russia says no tainted oil in reservoirs at Ust-Luga port Details
8Oil prices jump as downed US drone stokes Middle East tensions Details
8Russia's Transneft says new oil contamination found in Druzhba pipeline Details
8Kuwait's KUFPEC eyes acquisitions as it boosts oil, gas output: CEO Details
8Bangladesh receives interest from 12 companies to build LNG terminal Details
8Average US price of gas drops 11 cents per gallon to $2.73 Details
You can also click on Newsclips for more   Details
One big premium bits manufacturer, who stood a good chance of grabbing a chunk of the premiums bits tender, had to stay away
8Find out what forced ONGC to put the company on a three-year holiday
Click on Details for more Details
For the Indian trio of ONGC, OIL and BPCL, it seemed like an interminable wait before the Mozambique LNG project got the FID stage.
8At one point, fingers were pointed on the high premium paid to acquire stakes in the project
8But fortunes seem to have turned, as trio today have a big stake in what is arguably one of the largest LNG project in the world, with more upside going ahead
Click on Reports for more on this story Details
Ammonia-Urea Energy Saving Project
8Cost - Rs 217 crore
8Project Event:The project has signed all the agreement with Siemens for the long lead item and delivery is ongoing.  50 % erection & installation work has been completed, the project is likely to be commissioned in Nov 2019.
Click here for more details
Effluent Treatment Plant Up-gradation Project
8Cost - Rs 101 crore
8Project Event: The RFQ for the LSTK contractor is out and bid closing date is 20 June 2019.
Click here for more details
(Links available only through www.indianfertilizer.com) Details
Cairn India's big E&P expansion plans have now become the centre of focus for big service providers.
8The E&P major works through an integrated service model, instead of a piece meal approach
8Cairn India is looking at over $3.2 billion in capex in Rajasthan's Barmer field itself, and all of it through partnership deals with global service providers such as Halliburton, Schlumberger and Baker Hughes
8The model works with a third party helping Cairn on project delivery, highlighting risks, identifying areas needing management intervention and suggesting opportunities to deliver the outcome. Then integrated service model steps in, under a risk-reward paradigm.
Click on Details for a comprehensive update on all of Cairn's India assets, including the 41 OALP blocks for which it has elicited recently Details
It is learned that ONGC has finalized a Rs 500 crore order for premium bits, according to industry sources.
8There were eight bidders in the race, but only two ran away with the deal
Click on Details for more Details
8Project Name: KG-DWN-98/2
8Project Description: One of the vendors with who elicited a big integrated contract for the KG-DWN-98/2 project is expected to come out with RFQs for the dredging work and Horizontal Directional Drilling.
8Project Event: RFQs for the OSVs is expected by Aug 2019.
 RFQs for the dredging works and HDD is expected by Q4 2019.
8Expenditure Approval: 2014
8RFQ Date: Aug/2019
8Release Date: Oct/2019
8Start Date: Q4/2018
8Completion Date: 2025
Click here for more details Details
The Mercator group is sinking deep into a financial morass
8But it is keeping its activity in the E&P block CB-ONN-2005/9 block going
Click here for more details   Details
8Project Name:  Exploratory Drilling    
8Project Cost: Rs 200 crore
8Project Description: Oil And Natural Gas Corporation Limited's 5 well development drilling programme in West Godavari basin is going as per schedule, with all major contracts awarded. The hydrofracturing and cementing services is being executed by Schlumberger. The drilling is expected to complete by the Q1 2020.
Click here for more details Details
Project Name: Dhamra- Angul Greenfield Gas Pipeline Project
8Project Cost: 1933 crores
8Project Event: RFQs for the laying of pipelines, pumps, and valves are expected by end of August 2019.
8Expenditure Approval: 2016
8RFQ Date: 2019
8Release Date: 2019
8Start Date: 2017
8Completion Date:2020
Click here for more details, for an update on the project as well as key contacts Details
For reference purposes the website carries here the following tenders: 
8Supply of Hydrogenated Castor Oil (HCO) Details
8Supply of Gate Valves Details
8Annual Maintenance Contract for GMS and ILSD Details
8Supply and Supervision of Digital Automatic Voltage Regulator Details
8Supply and Supervision of Digital Automatic Voltage Regulator Details
8Frontend upgradation of ETP Details
8Construction of Pipelines Details
8Supply of pipes Details
8Supply of Forged Gate, Globe and Check Valves Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
820 Delhi schools tap sun to cut power bill to near-zero Details
8Solar industry needs to ensure efficient use of water: Bridge to India Details
8Two big US coal companies combine Wyoming, Colorado operations Details
8Maharashtra identifies site for Saudi Aramco, ADNOC's refinery  Details
8Old oil blocks to get tax sops even if ouput delayed Details
8Oil prices rise as US stockpiles drop, OPEC agrees meeting date Details
8Kuwait plans oil deal with Iraq after northern oilfield study complete Details
8HPCL appoints Al Nabooda Automobiles as its UAE distributor Details
8Russian Deputy PM discusses energy cooperation with Petroleum Minister Pradhany Details
8Putin knows we want Ukraine gas transit to continue, says Merkel Details
8Govt should subsume taxes and duties in revenue sharing: Ajay Dixit, CEO, Cairn Oil and Gas  Details
8OVL, partners agree to invest $20 bn in Mozambique LNG project Details
8Shell sees more opportunities for floating LNG after Prelude delays Details
You can also click on Newsclips for more Details
Ammonia-Urea Brownfield Project
8Cost - Rs 6000 crore
8Project Event: RFQ for the Civil & Structural work for additional platform near Baggage building has been out and bid due date is 2 July 2019.
Click here for more details
Urea (Granular) and Captive Power Unit Expansion Project
8Cost - Rs 700 crore
8Project Event: The project is halted, due to lack of fund. The company's first priority is doing the energy saving project whose cost is pegged at around Rs 380 crore, for which loan approval process is on.
Click here for more details
This link is available only through www.indianfertilizer.com Details
Ammonia-Urea Brownfield Project 
8Cost - Rs 6000 Crore
8Project Event: The price bid has been opened the Chinese has emerged as t
 he L-1 bidder but the Indian EPC giant thinks it has an advantage. The evaluation is likely to be completed at the end of June and finalization is due in July 2019.
Eventually, it will be a political decision, it seems
Click here for more details
This link is available only through www.indianfertilizer.com Details
8In a three-bid race, the winner quoted a price of Rs 121 crore
Click on Details for more Details
A bunch of four geologists with decades of experience working with ONGC and the Geological Survey of India has put together a Delhi-based company that has recently negotiated a nomination based contract with ONGC to bring in cutting edge seismic study technology.
8The company, according to the founders, is based on a different business model from the Indian agent centric system which otherwise prevails in Delhi for oil & gas work
8But is it really different from the rest?
Click on Details for more Details
ONGC is making good progress in the development of the Ratna and R-Series field
8Several contractors are at work
8The award for revival of the R12A platform has been given
8Overall completion is expected by May 2021
Find out more, Click here for more details Details
There was much enthusiasm at some point in time in India on multi-client studies to be conducted with the help of DGH to map the large Indian coastline for hydrocarbon reserves.
8The idea was based on studies conducted independently by reputed seismic survey companies and then sold to multiple clients who could be interested in pursuing E&P opportunities in these areas
8EMGS was one such company that did work in India
How many clients were it able to find? Details
Discovered small fields entrepreneurs are all taking steps to monetize their assets. Some are stumbling while others are making progress.
8The Achanta Oilfield run by PFH Oil & Gas Ltd has some RFQs ready
8There is one open for purchase of gas as well
8The block was awarded to the company under the discovered small fields round in 2016.
Click here for more details on business opportunities here along with key contacts
   Details
Prize Petroleum Company Limited is soon expected to float the RFQs for the hiring of a consultant for feasibility report and submission of field development plan for AA/ONDSF/ SANARUDRAVRAM/2016 block. As per the sources the EOI will be floated once the draft proposal gets financial approval from the board.
8Project kick off is expected by the end 2020.
8The drilling will be carried out using third party integrated drilling services.
8The block was awarded to the company under the Discovered Small Fields Round in 2016.
Click here for more details for key contacts and other details Details
The capacity is being expanded from 11 TMTPA to 60 TMTPA
8Work is going on at full pace
8Commissioning is expected in November
Click here for more details Details
Worley Parsons is the EPCM contractor but work progressing very slowly as of now in his BPCL project
8But some contracts have been awarded
Click here for more details to know more on progress made Details
For reference purposes the website carries here the following tenders: 
8Procurement of domestic diaphragm gas meters G1.6 with integrated AMR MIU and data storage Details
8Supply of Waste Heat Boiler Tag. 010 WHB 001 Details
8Supply of Pipes Details
8Supply of Fuel Purifier and Water Sensor Details
8Supply of heat exchanger/tube bundle Details
8Supply of accumulator bladder Details
8Supply of HT cable Details
8Supply of gate/globe/check valves Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Eight EU countries to phase out coal by 2030 Details
8From gas in Russia to China-bound plastics, Austria's OMV shifts focus for growth Details
8Gazprom awaiting new Ukraine govt before starting gas transit talks Details
8Shell fined for explosions, gas leak at Dutch chemical plant  Details
8Groningen gas production to drop 20% faster than planned Details
8BMS to hold nationwide campaign against PSU divestment in Sept Details
8Gujarat State Petroleum Corp extends stake sale deadline for third-time Details
8Cairn Oil and Gas close to awarding project management service contract for 41 blocks Details
8Russia says too early to decide on future of global oil deal Details
8Spain's Repsol cuts 30 per cent of Canadian staff in global restructuring Details
8Welcome reform of oil marketing in the pipeline Details
8Anadarko approves $20 bln LNG export project in Mozambique Details
 You can also click on Newsclips for more Details
The hydrogen economy is now upon us.
8What is in question is how fast it will catch up.
8Here is a full briefing on what is going on and what needs to be done to get the hydrogen economy up and running as soon as is possible
Click on Reports for more Details
NPK-TSP-GSSP Greenfield Project
8Cost - Rs 100 crore
8Project Event:The proposal for the term of references has been accepted for environmental clearance. RFQ for the EPC contractor is likely to be released at the end of July 2019.
Click here for more details
Single Super Phosphate Greenfield Project
8Cost - Rs 10 crore
8Project Event: The proposal for an environmental clearance is likely to be granted in July 2019, The tender for an EPC contractor is likely to be released in August 2019. Because the committee has not made yet
Click here for more details Details
For reference purposes the website carries here the following tenders: 
8Supply installation fixing testing execution of ROV Ball valves Details
8Supply of Control Valves Details
8Procurement of GI pipes Details
8De-shaping of unserviceable 14.2 kg and 19 Kg LPG cylinders Details
8Supply,installation and commissioning of HVAC system Details
8Converting existing fire fighting system to PLC based monitoring system Details
8Supply of Filter Separator Assembly and Pre Filter along with spares Details
8Coating survey for 1140 Km Mainline under WRPL Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8Adani's Australian coal mine torches rationality Details
8Fire triggers pollution concerns at US Steel coke plant Details
8Mahanadi Coalfields to double output to 300 mtpa by 2026 Details
8Qatar sells Aug al-Shaheen crude at lower premiums  Details
8Crude oil futures fall on weak global cues Details
8Greek PM says may seek sanctions against Turkey in gas row Details
8Oil firm Okea's IPO raises less than half initially planned Details
8French utility ENGIE enters three Massachusetts retail natural gas markets Details
8Oilfield services firms Keane Group, C&J Energy to merge Details
8Iranian oil minister denies any disagreement with president Rouhani Details
8UAE assures supply of oil, LPG to India despite tanker attacks: Pradhan Details
8US-Iran move closer to a flashpoint as tensions spike Details
8Oil prices hold steady amid Mideast tensions, weak economic data Details
8JPMorgan expects RIL earnings growth to fall 15% on weakness in core business Details
You can also click on Newsclips for more Details
Gujarat Natural Resources Pvt Ltd (GNRL), promoted by Ashok Shah and Malav Mehta among others, was able to work out a good deal with GSPC, when with 30% PI, they became operators of a bunch of blocks where the majority holding is with GSPC
8But that relationship is going to change now.
8Will GNRL, where the promoters have a 23% shareholding, be able to adjust to the changing times?
Click on Details for more Details
The US seems to be watching with keen interest the next steps taken by India when it comes to crude purchases from Iran.
8The US has granted exemption from sanctions from Iran’s Chahbahar port but there officials are awaiting crude offtake data for May and the first half of June
8As of April, India, the US is going by figures available for April, with India's offftake at 333,000 barrels of oil, down to half from the same month last year, but yet a significant amount.
8The US has reported from market sources that refineries are continuing purchases of Iranian crude in May
Click on Details for more Details
It looks like Petronet LNG Ltd's search for a director technical has run into a bit of a tight spot
8The selected candidate has run into a wall of opposition
8Who will now be selected?
Click on Details for more Details
Who gets to set up LNG dispensing stations, a much-needed accouterment for the quick spread of LNG-based long term transportation needs, in India?
8That question seems to have gone answered as of now, but if the PNGRB decides to restrict ownership as seems to be the current view, it will serve as a big blow to India's aspiration to promote this less polluting and highly efficient fuel for long haul vehicles.
8Recent research has clearly established that the electric vehicle revolution will not serve the long haul vehicle business, and LNG is the most optimal fuel in this segment
Click on Details for more Details
The government seems to be putting together a framework for a gas subsidy-based revival scheme for stranded gas based capacity
8The CEA is reported to have finalized a proposal, and the power ministry is processing it with the help of the finance and petroleum ministries.
8But unless the framework is properly structured, including removing GAIL as the sole supplier or determinant of gas price, the scheme may meet the same fate as its earlier avatar.
Click on Details for more Details
Tracking crude deliveries out of Iran has become a difficult job as tankers carrying such crude have their AIS transponders completely switched off.
8Meanwhile global floating storage of crude has taken a sudden jump last month
Click on Reports to understand these interesting developments Details
Crude oil import dependency continues to grow in India
8The crude bill for May is higher than that of the same month last year even though prices are lower
Click on Reports for more Details
Innovative technology may see the eventual demise of Aviation Turbine Fuel as the main propulsion fuel for aircraft
8Latest research shows that In 15 years,  electric aircraft will enter into service and will be cost-competitive on regional and short ranges of 500 km and 1500 km. First models in the 500 km range are expected to enter service by 2027.
8Then again, biofuel blends become cheaper around that time than ATF on medium ranges of 2500 km around this period.
8By 2050 kerosene will be entirely replaced by other innovative renewable fuels
Click on Reports for more   Details
The global LNG business is growing but the biggest challenge it faces is that of affordability and this can stymie or even kill the effort to make gas the interim fuel before a full transition to renewable energy takes place.
8Only OECD and China, and some parts of Asia, not India, can afford to pay prices above $7/mmbtu
8On the other side, very few new (only Qatar and US brownfield) LNG projects break even at below $7/MMbtu delivered to India
8So what is the future of LNG in countries such as India?
Click on Reports for more Details
Spot prices are at a new low but how far ahead will low prices persist?
8There are future spot price indices, but how reliable are they?
8An analysis shows that some of  these indices are quite reliable for given periods of time
Click on Reports for more Details
For reference purposes the website carries here the following tenders:
8Supply of Dewaxing Vacuum Filter Details
8Supply of Alloy Steel Seamless Pipes Details
8Supply of 4000 RL of Bitumen felt Details
8Procurement of 425 kg cylinder filling facility Details
8Cable laying and allied works for 110m3perhr LPG Pump Details
8Recovery of hydrocarbon from the tank bottom sludge and robotic cleaning of residual sludge in crude oil storage tank Details
8Supply of bridle water pump Details
You can also click on Tenders for more
For reference purposes the website carries here the following Newsclips:
8India's flat May fuel demand points to sluggish economy Details
8Egypt in $500 million settlement with Israel Electric Corp -statement Details
8Crude oil prices rise on tensions after Middle East tanker attacks Details
8Iran government has no plans to remove oil minister: spokesman Details
8Saudi Arabia urges 'decisive' response to threats against energy supplies Details
 8Indonesian seaweed farmers seek $140 mln over oil spill in Australia Details
8Saudi Arabia seeks oil supply protection as U.S. and Iran face off Details
8Damaged tankers reach safe waters after Gulf attacks Details
You can also click on Newsclips for more   Details
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