News & Bulletin Updates

8Oil prices held on to most of their gains from the previous session on Thursday, as signs of stronger demand helped offset an unexpected rise in U.S. inventories.

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8Global commodity trader Mercuria is aggressively expanding its energy transition business, snapping up employees from oil majors BP Plc and Royal Dutch Shell, according to three people familiar with the matter and employee LinkedIn profiles.

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8World stocks and oil prices sank Monday as the spreading Delta variant of Covid-19 fueled fears of a faltering economic recovery, while the OPEC+ alliance agreed to hike output.

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8One of the biggest jobs in Horizontal Directional Drilling for pipelines is currently in the North East of India

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Here is a company that is marketing L-CNG, by pumping LNG straight into CNG stations and into vehicles.
8How does it work? LNG is Liquefied Natural Gas at -135 C and as it is three times denser than CNG, the need for compressor pumps is eliminated
8It is fast filling, and there is less consumption of power, and manpower requirement is lower
8It is being supplied at a lesser cost than at which CNG is available
8Then the company is also looking at H-CNG, all of this viewed within a realistic paradigm.
8And, all at a reasonable cost package for the CGD owner

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8ONGC has found a quicker way to resolve payment related issues

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Small scale LNG can be a problem solver for the gas industry in India.
8And it can cater to up to 20 mmscmd of demand
8And it is cost effective too, according to this analysis

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DAP Greenfield Project
8Cost - Rs 200 crore
8Project Event: The proposal for the term of references has been accepted and studies are still ongoing, proposal for the environmental clearance is likely to be submitted in August 2021. The company has applied for a loan, RFQ for the EPC the contractor is likely to be released at the end of September 2021.
Phosphoric acid Expansion Project   
8Cost - Rs 50 crore
8Project Event: The proposal for the term of references has been accepted and the final EIA report preparation is still ongoing, a proposal for environmental clearance is likely to be submitted in August 2021. The company is planning to hire a local contractor. RFQ for the Contractor is likely to be released in September 2021.

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Jul 22, 2021: Daily import matrices

The following import matrices are carried here today
8Daily tanker line up
8Daily dry bulk cargo line up
8Daily COVID-19 port update

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8The website carries here the most comprehensive forward looking fertilizer import matrix

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1.7 million MT of crude coming in for IOCL's Paradip port
The shipments are coming from:
8Basrah
8Zirku Island
8Bonny
8Guyancourt
8Zhoushan

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8GSPC’s LNG shipment headed to India
8A 160k cbm consignment for GSPC is expected to reach Mundra port on the 30th

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8Hindustan Unilever is importing Palm Fatty Acid
8Padan is the discharge port

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8Around 41000 tonnes of CBFS is on its way to India
8This huge cargo is expected to land at Kattupalli

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55k MT sulphuric acid shipment arriving soon
8Two consignments shipped by Hindalco Industries of 18k MT each is expected to arrive at Dahej on the 23rd and 24th
8IFFCO to receive a 19k MT shipment coming from Onsan/Ulsan at Paradip

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8What is the latest on Haldia Petrochemical's chemical shipments?
8Get the forward looking data here

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8We have spotted eight paraxylene cargoes
8Find out how much is being brought in

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8Gandhar Refinery is shipping in a cargo of base oil
8It is a 5000 tonne cargo

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8GNFC is importing a cargo of toluene
8The material is sourced out of Rayong

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8A shipment of butyl acetate is getting imported
8Find out who the importer is

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8A cargo of alphaplus C-20/24 is arriving at Kundra
8Shivtec Industries is importing it

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Imported PET prices in the Ahmedabad market remained stable in spite of demand being low

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Imported polyurethane prices in the domestic market of Ahmedabad were assessed lower on July 22, 2021

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A fall in Polyamide 6 (M28RC) prices in the domestic market of Ludhiana was noticed on July 22, 2021

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On July 22, 2021 the Ahmedabad polymer market saw a rise in imported polyamide 66 prices

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