The zonal tariff apportionment of the levelized tariff rate of Rs 41.11/mmbtu and Rs 63.46 has been finalized for the Integrated HBJ natural gas pipeline and the Jagdishpur Haldia Bokara Dhamra pipeline respectively. 8GAIL's tariff apportionments for these two pipelines have been accepted by the regulator 8If you are a gas buy through this trunk pipeline, find out what the impact is going to be on you. Click on Reports for more
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In what is expected to come as a big blow to GAIL, the tariff rate on its 877 km, 16 mmscmd KG Basin network has been drastically slashed. 8The tariff rate will be just a third of what it was before 8Find out why this has happened. Click on Reports for more
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The PBGRB has floated two options for determination of CGD Network and Transportation rate 8A concept note has been floated Click on Reports for more
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Both OIL and ONGC have sought LOIs for production enhancement contracts on revenue sharing basis 8The basic features of the model are: -- Complete marketing and pricing freedom to sell oil and gas on arm’s length basis through competitive basis. -- Contractor will be selected on revenue sharing basis. The revenue will be shared on incremental production over and above the baseline production under Business-As-Usual (BAU) scenario. -- Contract period of 15 years with an option to extend by 5 years. -- Reduction of 10% in the royalty rate for additional production of natural gas over and above BAU scenario. -- Easy to administer Revenue Sharing model based contract. -- Exploration permitted during the contract period including the right to explore all kinds of hydrocarbon. -- Contractors will not be required to reimburse any expenditure already incurred by ONGC. -- Incentive shall be available for achieving production higher than the committed incremental production. 8OIL is seeking a new technology partner with revenue sharing for the iconic Digboi oilfield and the Baggitibba field in Rajasthan. Both have technological challenges Click on Details for more
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For reference purposes the website carries here the following tenders: 8Expression of Interest for purchase of Natural Gas at Remotely Located Wells Details 8Supply of U Tubes Details 8Terminal Automation System Revamping at Mathura Installation Details 8Engineering ,Project Management and Site Supervision Consultancy for EPCM Blending Plant Details 8Under Vehicle Scanning System at Jammu And Srinagar IRD Details 8Hiring of Direct Marketing Agency for PNG Domestic Registration Details 8Supply, Installation & Commissioning of Anesthesia Workstation Details 8Supply of High Performance Bits Details 8Secondary Lubes Transportation from Warehouse at Jaipur and Bhatinda Details 8EOI for supply of around 96 Crore Litres of Anhydrous Denatured Ethanol Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8LPG manufacturers move Madras HC against strike call of tanker owners Details 8CNG, piped natural gas prices to increase from July 1 in Mumbai Details 8Oil India seeks partners for ramping up production from ageing fields Details 8PM Narendra Modi seeks steady oil supplies from Saudi Arabia amid Gulf tensions Details 8PM Modi says ensuring energy security, low priced oil and gas need of the hourDetails 8Congress slams government over rise in petrol and diesel prices Details 8Govt wants petrol stations to charge your e-vehicle Details 8LPG refills to be cheaper by Rs 100 Details 8Paris bans up to 60% of its cars as heatwave worsens pollution Details 8France voices support for Cyprus in gas standoff with Turkey Details 8OPEC faces crude oil output balancing act over US-Iran crisis Details 8Nord Stream 2 'past point of no return': Russia's Gazprom Details 8China says it would import Iranian oil in defiance of US sanctions on Tehran Details 8Saudi crown prince feted at G20 despite criticism elsewhere Details 8Opec keen to extend cut, Russia is circumspect: Reality check Details 8Russia agrees with Saudi to extend OPEC deal by 6-9 months: Vladimir Putin Details 8Saudi energy minister says 9-month Opec+ extension most likely Details 8Oil jumps on Saudi, Russia support for supply cuts Details 8Turkmenistan opens $1.7 billion gas-to-liquids plant Details 8Turkmenistan opens the world's largest gas-to-gasoline refinery Details 8Opec-Russia deal on output cuts may keep fuel on fire Details You can also click on Newsclips for moreDetails
Sulphuric Acid and Captive Power Unit Expansion Project 8Cost - Rs 300 Crore 8Project Event: Discussion process is ongoing, The project team has been formed, project activities are likely to start in August 2019. RFQ for the EPC contractor is likely to be released at the end of July 2019. Click here for more details(Available only through www.indianfertilizer.com)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 the company proposes to execute the project on EPC basis. The finalization is due at the end of July 2019. Simultaneously the company is in a 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. Necessary clearances have been obtained Click here for more details (Available only through www.indianfertilizer.com)Details
Not paying enough attention to the environment clearance process can delay an E&P project by months if not years. Here are two examples: 8ONGC will see a delay in a Rs 1083 crore 48 well exploratory programme because they failed to hold a public hearing on time after grant of TOR. It has to now seeking a 1-year extension of the TOR 8All RDQs have been delayed 8Project Event: RFQs for the equipment and oilfield chemicals are expected by Q4 2019. Click here for more details 8A Rs 500 crore private sector offshore development has been delayed as the environment clearance was rejected not once but thrice 8Clearly, the choice of the EIA consultant may not have been right 8A bad choice can set the clock back by several months or even longer. Click here for more detailson the status of this particular projectDetails
There were three big service providers, Halliburton, Schlumberger and Baker Hughes were in the race 8One got the contract Click on Details for more
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