Project: BHEL is the EPC contractor in an ongoing 1320 MW thermal power project. 8Steam blowing of boiler completed. 8At present, NDCT hot water duct columns are in progress. 8An EPC package bid for FGDs is expected soon. Click on Details for more. Project: L&T Power is carrying out geological mapping for installation of FGD in a 1600 MW thermal power project. 8RFQs for civil works of FGD is getting delayed. Click on Details for more. (Access to the site available only to those with a password to our sister site, www.energylineindia.com)Details
GAIL's call for the imposition of a single tariff for integrated and expanded the Hazira-Vijaipur-Jagdishpur (HBJ) pipeline will mean that tariff rates can go up by as much as 600%. 8The delivered LNG price can go up by as much 15-20%. 8The new proposal has its supporters and detractors 8There are some who are opposed to GAIL's attempt to push dozens of related pipeline networks connected to the HBJ system under the single tariff system. 8A bunch of "old customers" are clamoring for special rates. 8Clearly, there are both supporters and detractors for GAIL's controversial new proposal. Click on Reports for more
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The website also carries here full details of a new Rs 9000 crore pipeline network that is coming up 8The cross-country pipeline will be around 2800 km long 8Large business development opportunities are expected to accrue from the project Click on Reports for more
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There has been a spurt in pipeline building activity in the country. 8Within the last one year, around 5500 km of gas pipelines haves been approved 8Another 2800 km is under finalization 8Know more about thousands of km of new LPG and product pipelines which are coming up Click on Reports for more
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The Chinese have put up a valiant fight against pollution by promoting the use of gas. 8A full analysis of how China is making the transition is carried here. 8There are many lessons from the Chinese example for the Indian policymaker Click on Reports for more
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No one seems to be keen to pick up a quarrel with PBGRB over its announcement of a steep hike in fees collected from pipeline owners and CGD companies. 8The regulator has claimed that it hasn't raised fees since 2007 and its needs the extra money to run its flourishing bureaucracy. Click on Reports for more. Details
Ammonia-Urea Brownfield Project 8Cost - Rs 4933 Crore 8Project Event: The project is under consideration of the government and Cabinet approval is likely to be elicited in February 2019, and RFQ for the EPC contractor is likely to be released after the cabinet approval. Click here for more details Ammonia-Urea Energy Saving Project-II 8Cost - Rs 234 Crore 8Project Event: The engineering studies are the ongoing and RFQ for the LSTK contractor is likely to be released in January 2019. The project is likely to be completed in March 2020. Click here for more details Customize Blending Unit for NPK Fertilizer & Ammonia Storage Tank Greenfield Project 8Cost - Rs 90 Crore 8Project Event: RFQ for the EPC contractor is likely to be released in January 2019 in place of November 2018 Click here for more details (These links are accessible only through www.indianfertilizer.com)Details
8Project Name: Mud preparation 8Project Cost: Rs 400 crore 8Project Description: Oil and Natural Gas Corporation Limited is soon expected to release the RFQs for mud preparation services for multi-well exploratory drilling programme. Find out when the RFQs are coming up, get key contacts hereDetails
The price tag of the Tapti Decommissioning project is a whopping Rs 513 crore 8Find out who has emerged as the winner for the project 8The project will now involve the removal and cutting of subsea pipelines, removal of wellhead platform topsides and jacket along with onshore transportation, disposal of topsides and jackets and surveys after the completion of the project. 8When is the LOI expected to be awarded? Click on Details for moreDetails
8Project Name: Dhamra- Angul Greenfield Gas Pipeline Project 8Project Cost: Rs 1933 crore 8Project Description: MECON is the PMC contractor. 8Project Event: RFQ for the trenching and laying work for 195 Km pipeline with the spur line is expected by February 2019 8Expenditure Approval: Q2:2016 8RFQ Date: Feb/2019 8Release Date: Feb/2019 8Start Date: Q1:2017 8Completion Date: Q4:2020 Click here for more details for a detailed update on the projectDetails
8Project Name: Koyali-Ahmednagar-Solapur Product Pipeline Expansion Project 8Project Cost: Rs 1945 crore 8Project Description: SECON Private Limited is the EPC contractor 8Project Event: RFQ for the pipeline laying work of 50 Km in Ahmednagar-Solapur section is expected by March 2019. The RFQ for the rest will be rest will be taken out later 8Expenditure Approval: Q3:2017 8RFQ Date: Mar/2019 8Release Date: Mar/2019 8Start Date: Q3:2018 8Completion Date: Aug/2021 Click here for more detailsDetails
A high-tech, high pour point, high viscosity product pipeline network is expected to be commissioned soon. 8The inter-refinery network will transport around 400 TMT of HSVR (roughly about 34 TMT a month) and 170 to 220 TMT of LSHS (14 to 18 TMT per month) Click on Details for more, including key contacts for further business development work
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For reference purposes the website carries here the following tenders: 8Procurement of Mud Tank System with complete accessories Details 8Procurement of Start-up Air Compressor for Neelam & Heera Platforms Details 8Corrigendum: Procurement of CAB2 Catalyst Details 8Appointment of Architect/ Consultant for Architectural Consultancy , Project Management and Construction Supervision Services Details 8Procurement of Resin for DMP and CPU Chains Details 8Supply of Surge Relief Valve System for Vijayawada Dharmapuri Pipeline Project Details 8Civil works at Drill site WHRAA Details 8Procurement of SRP Surface Units and Polish Rod BOPs for Surface Team Details 8Supply of DHDT Catalysts Details 8Preparation of Basic Design Engineering Package in refinery Details 8Supply of Liquefied Petroleum Gas Details 8Supply of Raw Petroleum Coke Chipped Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India to wait and watch impact of oil producers’ output cut, says Dharmendra Pradhan Details 8India Inc's overseas direct investment drops 35% to $1.05 billion in Nov Details 8Petrol, diesel under GST not possible till revenues stabilise: Arvind SubramanianDetails 8Politics India’s oil demand fell 1.8% y-o-y in NovemberDetails 8Saudi Aramco, ADNOC's India refinery project delayed by 2 yearsDetails 8PNG connection reached 4 lakh households in Mumbai in last 4.5 years: PradhanDetails 8India's falling oil and gas production is a concern: Minister Pradhan Details 8India’s energy sector to attract $300 bn investment in coming decade: PradhanDetails 8The key takeaway for PM Modi from election results: Angry farmersDetails 8Pradhan on OPEC: Requirements of consuming nations should be consideredDetails 8Modi stares at biggest election loss since coming to powerDetails 8OMC scrips surge on crude oil price fallDetails 8World's largest refinery India plan likely to get delayed by three yearsDetails 8India’s falling oil, gas production a concern – ministerDetails 8US energy chief in Baghdad as sanctions waiver runs outDetails 8Oil prices rise as OPEC-led supply cuts expected to stabilise marketsDetails 8Australian company targets 'under-explored' natural gas in Portugal Details You can also click on Newsclips for moreDetails
Project: LOA to the EPC contractor is being delayed in a supercritical thermal power project. 8The EPC contractor is carrying out project mapping works. 8EC is still to be attained. 8What is the reason behind for such a delay? Click on Details for more. Project: Major EPC contenders have participated in the FGD bid of a 2000 MW thermal power station. 8Technical evaluation is going on. 8Who are the parties involved in the bid? Click on Details for more. (Access to the site available only to those with a password to our sister site, www.energylineindia.com)Details
For reference purposes the website carries here the following tenders: 8Setting up Onshore Design Collaboration Centre Details 8Hiring of DG Sets for operation of SRP’S in Ankleshwar Asset Details 8Procurement of BOP Test Stump, Choke and Kill manifold & BOP Control Unit Details 8Procurement of Flow Computers for the Consumer Skids Details 8Procurement of Mono-2-Ethyl Hexyl Amine Details 8Service Contract for Repair of IT OFC Infrastructure at Petrochemical Plant Details 8Procurement of various types of Fasteners Details 8Procurement of Pelargonic Acid Details 8Providing Domestic PNG Connections Details 8Procurement of Metering system Details 8Procurement of Remote Operated Shut-off Valves Details 8Consultancy Services for 2G Ethanol Projects Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8Protesters disrupt US fossil fuel event at UN climate talks Details 8MCC submits proposal to govt to set up waste-to-energy plant in Mysuru Details 8Oil prices rise on Libyan export disruption, but markets remain weakDetails 8India's Petronet looking for long-term deal to buy US LNGDetails 8Airlines seek VAT reduction on jet fuel from Madhya Pradesh governmentDetails 8Modi govt resorting to illegal diversion of clean energy fund: Sitaram YechuryDetails 8Delhi air quality worsens, to further deteriorate in next two days Details 8Firms set up LNG trading desks in Singapore to capture Asian growthDetails 8Urjit Patel resigns as the RBI GovernorDetails 8Suzlon Energy in talks to sell up to 49% stake in services unitDetails 8India not exchanging narmada water for oil from UAEDetails 8Crude oil prices may hover around $65 a barrelDetails 8Amerisur Resources: oil discovery at Indico-1Details 8Oil stocks down 2% dragged by Reliance Ind; ONGC, Oil India hit 52-week lowDetails You can also click on Newsclips for moreDetails
The website carries here the pipeline integrity measures taken by one of India's largest pipeline companies. 8Get to know all about measures taken to prevent internal and external corrosion 8What are the inline inspection tools and technologies deployed? 8What the types of intelligent pig surveys undertaken? Is there scope for the induction of even newer technologies? 8What are the different leak detection techniques deployed and tools used? 8More interestingly, case studies are presented, including those involving third-party damage and pilferage Also find a big business opportunity here for a large pipeline integrity project Click on Reports for more
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If you are trying to forecast power demand in India, which are the right tools to use? 8AI tools have been able to recognize subtle patterns in big data compilations, and project accuracies have gone up in the day-ahead markets 8But there are a few other projection tools which have gained credibility over time 8A full synopsis of the various statistical and forecast tools are carried here for the intrepid data miner Click on Reports for more
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Know more about where future incremental demand for LNG is coming. 8India is now dubbed as part of the 'established" LNG markets, where demand growth has been slow. What is the prospect of India in this market segment? 8What are the latest trends in LNG freight fixtures, how rapidly is the market transforming? 8What kind of demand response can be expected from new but niche LNG markets? Click on Reports for more
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Bio-fuels is the new buzzword in India. 8But the global track record for bio fuel expansion, particularly advanced bio fuels, have at best been patchy 8The know-how is still at a pilot phase and India seems have taken on the onus of scaling up production of biofuels straight from the pilot to commercial scale in a more aggressive manner than the rest of the world. Such an approach is fraught with risk. 8Technological challenges remain, as also construction and feedstock uncertainties. Click on Reports and Details for more
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New research has now firmly established that on an LCOE basis, renewables are now significantly cheaper than new coal, and cheaper than the variable costs of one half to one-quarter of the existing installed coal capacity. 8From an economic perspective, it would make sense to substitute new renewables for existing coal, even if sunk capital costs were treated as given (as is the case with current contract structure based on a two-part tariff). 8But coal usage in the power sector is not peaking any time soon. 8Know more on why exactly that is going to be the case Click on Reports for more
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The website carries here full details of a 3 MMTPA sulphuric acid and a 0.5 MMTPA phosphoric acid business development opportunity as part of an overall Rs 10,000 crore investment plan. 8There are attendant large offsite requirements as well, including a very large DM plant, and a waste heat recovery based power plant 8There will be LPG and LNG requirements as well Click on Reports for more
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For reference purposes the website carries here the following tenders: 8Quench Oil Coke Removal System at refinery Details 8Construction of Liquid Cargo Handling Jetty Outer Terminal Details 8Corrigendum: Lease of Markfed sites for 20 years for Oil companies to setup Petrol Pumps Details 8Transportation of Bulk White Oil Petroleum Products MS HSD SKO by road Details 8Process Simulation Software, Model Building, Training and Annual Maintenance Details 8Engagement of Consultancy Service for Development and Implementation of Digital Roadmap Details 8Transportation of Packed LPG Cylinders by road Details 8Supply of PSV for Steam Service as per specification Details 8Corrigendum: Transportation of Gas through LCV’s Details 8Supply, Installation and Commissioning of Battery Banks Details 8Hiring/ Acquiring of Bunk Houses Details 8PAUT (Phased Array Ultrasonic Testing) and TOFD (Time of Flight Diffraction) of Critical welds of reactors Details 8Integrated Online Condition analysis of motors for assessing the health of HT and LT motors at refinery Details 8Providing Miscellaneous Support Services at different locations Details 8Supply of spares of decoking encoder for coke cutting system Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8PM Modi's office seeks whitepaper on OVL, future strategy Details 8Fuel prices set to soar again, industry wants scrapping of daily revision Details 8Investors managing $32 trillion in assets call for action on climate changeDetails 8Shift to natural gas: EPCA to call meet with Delhi industriesDetails 8Lack of EV policy not to hamper launch of eco-friendly vehicles in India: KiaDetails 8Liquidity stress in some sectors that needs to be addressed: Arun JaitleyDetails 8Fuel prices set to rise, but rates won’t touch record highs Details 8OPEC talks stall as Saudis refuse to exempt Iran from oil cutDetails 8BRIEF: OPEC gets Iran green light to cut oil output by 0.8 million bpdDetails 8Ethanol blending with petrol to double at 8% in 2018-19 sugar year: Oil MinistryDetails 8U.S. shale producers see OPEC pullback helping 2019 profitsDetails 8ANALYST VIEW-OPEC, allied exporters to cut crude output by 1.2 mln bpdDetails 8Considering banning industrial activities at NCR pollution hotspots: EPCADetails 8Oil minister Pradhan hopes OPEC will remember consumers when cutting outputDetails 8Sugar industry capable of producing low emission clean fuel: PradhanDetails 8U.S. oil drillers cut most rigs since May 2016 -Baker HughesDetails 8Mexico to cancel February auctions for oil and gas blocks - energy secretaryDetails 8Shift to natural gas: EPCA to call meeting with Delhi industriesDetails 8First time in 75 years, US turns net oil exporterDetails You can also click on Newsclips for moreDetails
8Project Name: Oil Field Development 8Project Cost: Rs 1800 crore 8Project Description: Exploratory and development drilling of 50 wells is coming up. Initially, the wells shall be exploratory wells as per need to probe new prospects and these wells will be connected to nearest EPS/GCS if proved commercially viable. Drilling for the project is expected to start by 2020. Further RFQs for the drilling rigs, cementing services, well simulation and well logging services are expected shortly. 8Project Event: RFQ for the EIA services is expected by March 2019 RFQ for the equipment and services is expected by Q3 2019 8Expenditure Approval: Q4 /2018 8RFQ Date: Mar/2019 8Release Date: May/2019 8Start Date: Q1/2020 8Completion Date: Q4/2025 Click here for more information 8A drilling rig requirement has arisen in a foreign acerage Click on Reports for moreDetails
8Project Name: Visakhapatnam-Vijaywada-Secuberabad Petroleum Product Pipeline Expansion Project 8Project Cost: Rs 2485 crore 8Project Description: HPCL has hired MECON Limited as an EPMC contractor to expand its Visakhapatnam- Vijayawada- Secunderabad petroleum product pipeline from the proposed Dharmapuri POL terminal while also expanding the throughput capacity from 5.682 MMTPA to 8 MMTPA. Get the latest update here. 8Project Event: RFQ for the laying work of pipeline and Optical fiber cable (OFC) for the sub-sea pipeline is expected by February 2019. 8Expenditure Approval: Q2:2016 8RFQ Date: Feb/2019 8Release Date: Feb/2019 8Start Date: Q4:2016 8Completion Date: Sep/2019 Click here for more details 8Project Name: LPG Bottling Plant Expansion Project 8Project Cost: Rs 28 crore 8Project Description: BPCL is planning to expand its existing LPG bottling plant from 450 MT to 900 MT by installing 3X300 MT above ground LPG bullets Vardan Enviro Net was appointed as a PFR consultant. Further RFQs are expected soon. 8Project Event: RFQ for the PMC contractor is expected by February 2019. 8Expenditure Approval: Q3:2018 8RFQ Date: Feb/2019 8Release Date: Feb/2019 8Start Date: Q3:2019 8Completion Date: Q1:2022 Click here for more details Business Opportunity for optical fiber cable (OFC) laying work at Vadodara Click on Details for more Details
8Project Name: Tichna South Tripura Gas Field Development 8Project Cost: Rs 180 crore. 8Project Description: ONGC has proposed development drilling of 18 wells in the Tichna Gas Field in Hrishyamukh, South Tripura, involving the construction of well manifold, drilling of 9 new development wells and conversion of 9 exploration wells along with the laying of associated flow lines. However, the project has been delayed, as the Wildlife clearance has not been obtained till now and the proposal is pending at the level of the Wildlife Warden. The project lies in the Tichna forest area due to which forest clearance is pending. 8Expenditure Approval: Q4:2016 8RFQ Date: Q2:2019 8Release Date: Q1:2019 8Start Date: Q2:2019 8Completion Date: Q3:2021 Click here for more detailsDetails
8Project Name: Drilling Field Development 8Project Cost: Rs 700 crore 8Project Description: The EIA consultant has been selected for this 15 well exploratory drilling in this Madhya Pradesh block. RFQ for the hiring of well logging and cementing services will be put up soon. Moreover, rig mobilization services contract will be floated after that. 8Project Event: RFQ for the well logging is expected by March 2019. RFQ for the rig mobilization services is expected by May 2019. 8Expenditure Approval: Q4/2017 8RFQ Date: Mar/2019 8Release Date: May/2019 8Start Date: Oct/2019 8Completion Date: Dec/2021 Click here for more informationDetails
ONGC's Protective Coating of Wellhead Platforms has now gathered pace as the company has awarded a new contract for Third Party Inspection Services 8This was followed up by the award of a protective contract job to an Indian consortium Click on Details for moreDetails
Ammonia-Urea Energy Saving Project 8Cost - Rs 250 Crore 8Project Event: The Expression Of Interest for process licensor is likely to be re-released January 2019. Click here for more details Phosphoric acid Expansion Project 8Cost - Rs 130 Crore 8Project Event: The purchase of a long lead item is ongoing. The proposal for the environmental clearance has been elicited in May 2018, there is no need for a contractor, The company has decided to do the project using in-house existing engineering team. The construction is likely to be start in February 2019 Click here for more detailsDetails
Project: Bid documents are getting prepared for the supply of WFGDs 8RFQs to come out by January 2019. Click on Details for more. Project: NTPC nominated as DPR consultant for installation of FGD in Telangana. 8Survey works are being carried out. 8What are the RFQs to come out? Click on Details for more. (Access to the site available only to those with a password to our sister site, www.energylineindia.com)Details
LNG shipping rates are at five-year highs and there are no signs yet of these rates abating soon. 8US exports to Asia is what is driving these high rates in the face limited availability 8Find out how much GAIL stands to lose if it were to bring in LNG cargoes from the US to India at current freight rates 8Will GAIL lose less if it were to export its cargoes to Europe instead? 8Clearly, one strategic mistake that GAIL made was to not have its own shipping fleet 8How long will these high freight rates last? Click on Reports for more
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Cutting down on LNG freight cost is one of the most critical elements in staying viable for a company with committed offtake obligation like GAIL 8Unlike LPG and crude, LNG shipping is one of the most expensive forms of shipping transportation 8Shipping cost is as high as 33% of the cargo cost Click on Reports for more
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How is a winning E&P programme structured? The key requirements are: 8A strategic partnership with a service provider, like a Halliburton, or a Schulmberger or Baker Hughes on vendor finance basis 8A strategic relationship with a well management services company 8A strong technical partnership for strategic advise 8A strategic partnership for product offtake 8A good drilling rig partnership 8Find out how one company has put all of this together, minimizing its own risk while pulling in other risk sharing partnerships Click on Reports for more
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8Project Name: Chennai-Trichy-Madurai Pipeline Augmentation Project 8Project Cost: Rs 230 crore 8Project Description: Indian Oil Corporation Limited has hired L&T Hydrocarbon Limited as an EPC contractor to expand its Chennai-Trichy-Madurai Pipeline from 2 MMTPA to 3.9 MMTPA. TOR has been already granted in November 2017. Evaluation of bids for SCADA and Gate valves are going on. Order for mainline pumping unit (MLPU) is under approval and the purchase order is expected by 31st December 2018. Further RFQs are expected soon. Major equipments required are: Mainline pipes, Dozers, Compressors, Jack Hammers, Piledrivers, Buried Pipelines, Isolation Valves (Manually, Remotely, Automatically Operated), Relief Valves (Thermal or other types), Pipe bridges or other supports, Control Systems, Leak Detection System, Pig launcher and receivers, Motors, Transformers, Bulldozers, Cranes, Control valves, Filters. 8Project Event: RFQ for the listed short lead items is expected by January 2019. 8Expenditure Approval: Q3:2016 8RFQ Date: Jan/2019 8Release Date: Feb/2019 8Start Date: Q4:2017 8Completion Date: Q2:2020 Click here for more detailsDetails
The company has cited major deficiencies in the specifications mentioned in the tender document 8The tender will now be refloated. Click on Details for more Details
The Shapoorji Pallonji tie up with Royal Vopak for an LPG terminal seems to be facing a little bit of a hiccup 8The company plans to set up the terminal at Chhara Click on Details to find out more
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Essar Oilfields has been issued an EOI to drill in ONGC's Bokaro CBM block 8Find out more on what the drilling contract entails. Click on Details for more
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Who were the principle players who stymied GAIL's efforts to get its own fleet? 8The website recreates the twists and turns in the GAIL tender for LNG vessels, eventually leading to its cancellation. Click on Details for more
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Usually, in India, pipeline laying is a tedious job and deadlines are always missed 8But here is one cross-country pipeline that is coming up ahead 10 months ahead of time Click on Details for moreDetails
8Project Name: Tank Farm Development 8Project Cost: Rs 500 crore 8Project Description: Work is currently on, orders have been placed. RFQs for the procurement of Valves, HT-LT Motor, and Centrifugal Compressor coming up. Get a full update here Click here for more informationDetails
8Project Name: Drilling Field Development 8Project Cost: Rs 200 crore 8Project Description: Lack of forest clearance seems to have stymied the development rilling of 06 Wells As per the sources 3 Wells namely have been stuck in the forest clearance for over one-and-half years. RFQs will only be out after the grant of the forest clearance. Click here for more informationDetails
2018:In India, there are three coal to ammonia projects coming up Know more about them. Click on Reports (You need access to our sister site, www.indianfertilizer.com)Details
Phosphoric Acid Expansion Project 8Cost - Rs 1100 Crore 8Project Event: The basic engineering is ongoing, detailed engineering is likely to start in February 2019. RFQ for the long lead item is likely to be released in February 2019. The project has been the delayed and the construction is likely to be started in May 2019. Click here for more details SSP-Sulphuric Acid & NPK Fertilizer Expansion Project 8Cost - Rs 75 Crore 8Project Event: RFQ for a contractor is likely to be released after environmental clearance. The environmental clearance is due and it is likely to be elicited in February 2019. The RFQ for the EPC contractor is likely to be released in February 2019. Click here for more detailsDetails
For reference purposes the website carries here the following tenders: 8Corrigendum: Transportation of Gas through LCV’s Details 8Miscellaneous Jobs at various outlets under Ahmedabad Retail Region Details 8Transportation of Packed LPG Cylinders Details 8Hiring of Consultancy Services for Customer Value Management Details 8Hiring of Services for Camp Facility for Pipeline Project Details 8Hiring of patrolling and surveillance services for LPG pipeline network Details 8Hydrotesting, Painting and Refilling of CO2 cylinders Details 8AMC for hiring of Contract Services for replacement of Radiant Coils for Gas Cracking Furnaces Details 8Two year rate contract for construction of drill sites Details 8Procurement of Acetic Acid Details 8Procurement of Ethylene Glycol Monobutyl Ether (EGMBE) for MH, NH and B&S Assets Details 8Operation and Maintenance of STP Plant Details 8Creation of Surface Facilities in Anklav Field Details 8Purchase of Drilling Rigs Details 8Purchase of Automated Hydraulic Work-over rigs Details 8Hiring of MWD-SDMM Tool and RSS tool with services Details 8Procurement of Spotting Fluid and Drilling Detergent Details You can also click on Tenders for more For reference purposes the website carries here the following Newsclips: 8India seen emulating China Growth in LNG use to fight pollution Details 8India, Iran sign pact for rupee payment Details 8HPCL to buy Iranian oil in Jan after six-month gap: sourcesDetails 8Cabinet approves pact with France for energy efficiency and conservationDetails 8Budget 2019: Ministries told to continue spending allocated budgetsDetails 8Oil drops as OPEC makes supply cut dependent on Russian supportDetails 8OPEC to consider views of Modi seriously before cutting production: Saudi oil min Details 8Pakistan LNG says Trafigura, Gunvor lowest bidders in LNG tenderDetails 8Russia's Novatek seen launching small-scale LNG plant in Baltic Sea in FebDetails 8Chevron sets first capital spending budget increase in 4 years at $20 bnDetails 8Cabinet approves REC takeover by PFCDetails 8India to import Iranian crude oil using rupee payment mechanismDetails 8OPEC projects over-supply and demand slow-down in 2019, may announce output cutDetails 8Indian Oil invites applications for setting up 27,000 petrol pumpsDetails You can also click on Newsclips for moreDetails
Project:SP-Infra nominated as an Independent power producer (IPP) for a greenfield hydel power project. 8Project is at the investigation stage. 8An EIA consultant has also been awarded by the owner. 8What is the status of Techno-economic clearance? 8What is the upcoming RFQs? Click on Details for more. Project: RFQs for a chimney package of FGD in Chhattisgarh is getting delayed. 8What is the story behind it? Click on Details for more. (Access to the site available only to those with a password to our sister site, www.energylineindia.com) Details
There is clearly no doubt that the PNGRB chairman D.K. Sarraf is a man of integrity. But there are some who believe that the transition from being the chairman of ONGC, where he had to take direct orders from his owner, the petroleum minister, to being the chairman of a regulatory body, in which he is an independent boss under a statutory act of Parliament, has not been an easy one for him. 8The fact that the PNGRB had called for suo moto EOIs for two pipeline networks all ending in Odisha, the petroleum minister's constituency, goes to show that Sarraf's mindset is still in transition mode, critics point out. 8That apart, Sarraf is now being accused of being non-transparent in his decision making in the PNGRB. In an open letter to the regulator, one private sector pipeline builder has sought answers for the following questions: 8Why is the PNGRB not web hosting the decision making process by which the Barauni-Guwahati pipeline has been declared an integral part of the Jagdishpur-Haldia-Bokaro-Dhamra pipeline. 8By that same logic, shouldn't the recently announced Mumbai-Angul pipeline too be a part of the Jagdishpur-Haldia-Bokaro-Dhamra pipeline? 8If suo moto EOIs can be sought for the Mumbai-Angul pipeline, why could a similar EOI not have been floated for the Barauni-Guwahati pipeline? 8Then again, there were specific directions from the petroleum ministry to authorize GAIL to extend the Jagdishpur-Haldia pipeline to Bokaro and Dhamra, were similar directions given for the Baruani-Guwahati pipeline? 8Has the Cabinet approved the revised viability gap of Rs 5000 crore for the entire Jagdishpur-Haldia-Bokaro-Dhamra pipeline, including the Barauni-Guwahati pipeline? 8If not, how was GAIL authorized to build the Barauni-Guwahati segment? Comment:To be fair to both the petroleum minister and Sarraf, neither the Jagdishpur-Haldia nor its extension to Bokaro-Dhamra or the Barauni-Guwahati pipeline would have been build if a public sector company like GAIL was not there to shoulder the responsibility of doing so. There is not enough anchor load on these pipelines for them to be built by the private sector, without viability gap funding. This is one of the primary reasons why neither Sarraf nor Dharmendra Pradhan seems too enthusiastic as of now about the idea of splitting up GAIL into its transmission and trading segments. The logic is, unless you lay a pipeline, the demand for gas will not arise, and you need a monopoly like GAIL to build pipelines where others won't. A certain command-control structure will have to be there for a government enforced pipeline building spree. Yes, GAIL stymies competition and tramples on the rights of the gas consumer but then it also builds pipelines in places where the government wants it to. The EOI route is acceptable only when competition can be assured, not otherwise. Another way to build these pipelines could have been to ask the private sector to quote the lowest viability gap funding requirement, but then do we have private entities of the stature of GAIL to do such a job? Click on Reports for more
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8Project Name: Panipat Refinery Greenfield Catalyst Manufacturing Unit Project 8Project Cost: Rs 206 crore 8Project Description: Indian Oil Corporation Limited has hired Projects & Development India Limited (PDIL) as an EPCM contractor along with licensor Honeywell UOP to construct a new Catalyst Manufacturing Unit with a capacity of 1500 MTPA in its Panipat refinery. Find out when the FEED contract is coming up, get to know who the key contacts are Click here for more detailsDetails
Find out more on why two gas pipeline networks can have different opex and capex 8What are the major factors that cause such differences in Indian pipelines? 8Also, know why different pipelines, possibly of the same length, have different line pack volumes 8Get the 5-year anticipated capex for the Jagdishpur-Haldia-Bokaro-Dhamra pipeline, including the Barauni-Guwahati pipeline 8Also, find out their latest completion dates Click on Reports for more
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It is called the Butterfly effect, where disturbances in one space can have an impact in another faraway space 8Take the example of the US policy to encourage the use of grains for renewable energy. More than 40% of US grain is used for energy due to the Renewable Fuel Mandate (RFS). 8Research has now shown that this purely local US policy has a global spinoff, as it keeps grain prices higher than they ordinarily would have been. 8These higher prices pass through to domestic Indian prices and then the price shock impact household welfare through consumption and wage incomes. 8It has been estimated that the US policy leads to the creation of 26 million new poor people in India: 21 million in rural and five million in the urban population. 8This is interesting data for the policy maker or the intrepid Indian economist looking at Indian bio-fuel policies. Click on Reports for more
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