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Jul 2019

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 Details
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 Details
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 Details
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 Details
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 hour Details
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 more   Details
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 details on the status of this particular project Details
There were three big service providers, Halliburton, Schlumberger and Baker Hughes were in the race
8One got the contract
Click on Details for more  Details
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