NBA prices firmed up in Delhi in anticipation of tight regional product avails and improved buying sentiments.

On May 14, 2022, the Delhi market witnessed a fall in MEG prices.

Toluene prices moved higher today in the Delhi chemical market.

8A massive boom is expected in the booster compressor services in the oil & gas segment in India
8And while there are players in the market, demand is going to far exceed supply

Offshore rig rates are expected to go higher than what was existing during the pre-pandemic times
8That should be good news for Indian flagged rigs too
8Find out more

There is a lot going on with the Gujarat refinery expansion and attendant infrastructure
8There is the Koyali- Ahmednagar- Solapur greenfield pipeline
8There is tankage facilities too coming up

Customize Blending Unit for NPK Fertilizer & Ammonia Storage Tank Greenfield Project
8Cost:90 Cr.
8Project Event: The project is on hold due to the financial loss during Covid, and it is likely to be activated in Q2 FY 2022-2023. RFQ for the Contractor is likely to be released in Q2 FY 2022-2023.
Single Super Phosphate Expansion Project
8Cost:20 Cr.
8Project Event: The Details Engineering is ongoing, construction is likely to be started in August 2022, the company has its own engineering team. The commissioning is likely to be completed in December 2023

Petrochem sources from Ahmedabad reported a rise in aluminum bar prices today.

An elevated trend is noticed in Aluminum plate prices these days.

Chrome oxide prices have escalated in the Mumbai market.

On May 13, 2022, Petrochem sources reported a sharp fall in glyceryl monostearateprices in the Delhi chemical market.

Petrochem sources reported a significant fall in palm wax prices in the Ahmedabad market.

Acrylic acid prices in the Mumbai port have fallen.

EPDM grade 3072 prices registered a fall in the Ahmedabad market.

There is also the Churwa - Bhabhar crude oil pipeline.
8Get an update on it

Petrochem sources from Delhi have reported a rise in pendimethalin prices today.

The RCF urea tender has opened
8Find out more

GAIL has awarded a 10 MW hydrogen plant to the L-2 bidder.
8Raising some questions in the process

8Given the way the PNGRB is now structured, despite the fact that it has quorum and new found masculinity, it is vulnerable to allegations of being one-sided
8Why is that so

8It it taking time for companies to get used to what is now become a hyper-active PNGRB

Get a backdrop on the Dhamra LNG terminal
8When is it to commissioned?

It looks like some kind of a benchmark has been reached in terms of what kind of costs are involved in setting up hydrogen plants in India.
8Find out what the unit cost is
8And how far lower will it go?

8Two Ammonia shipment has come on 12 May 2022
8One Phos Acid shipment is coming on 16 May and another is coming on 18 May 2022

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8Port Update

8With Prime Minister Narendra Modi signing a green hydrogen pact with Germany during his Europe visit and GAIL buying a 10 MW electrolyser to produce 4.3 tonnes of green hydrogen per day, the gas is once again in focus.