On January 10, 2022, trichloromethane prices moved higher in the Mumbai market.

Dichloropropane prices witnessed a fall in the Delhi market.

Petrochem sources in Mumbai have reported a rise in butyl acrylate prices.

A growing demand has pushed pine oil prices higher in the Delhi market.

Low 2-EH prices were noticed in the Ahmedabad imported market today.

Triethanolamine prices were quoted lower in the Mumbai chemical market.

EGMBE prices saw a gain in the Delhi chemical market today.

On January 10, 2022, VAM prices moved higher in the Ahmedabad market.

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These are India's oil & gas companies
And the outlook is bullish about them
8Aegis Logistics
8BPCL
8Castrol India
8GAIL
8Gujarat Gas
8Gujarat State Petronet
8HPCL
8Indraprastha Gas
8IOC
8Mahanagar Gas
8MRPL
8Oil India
8ONGC
8Petronet LNG
8Reliance Industries

The general impression is that the green hydrogen business has taken off, after NTPC awarded a 5 MW electrolyser to Technip and GAIL and IOC have come out with tenders
8But the reality is much more complicated

The Shapoorji Pallonji-Bumi Armada FPSO deal for the KG-DWN-98/2 is one of the largest ever by ONGC.
8The FPSO day rate is fixed for 9 years at USD 609,200. And this is net of tax
8The contractors have been able to do financial closure with a total debt of $ 930 million in April 2021
8There are time overruns already
8Blaming the contractors would be an easy way out, ONGC will also need to walk that extra mile

Kandla Brownfield LPG Import Terminal Expansion Project
8Get an update here

Product pipelines in the South are never easy to build
8Product acquisition is a slow and tedious process
8Nowhere is that more evident as with BPCL's Irgugur-Davangonthi product pipeline
8When are RFQs expected?

Major contracts are being handed out for the Devangonthi product terminal
8The project cost has shot up
8And completion date now is in 2023

Are traditional Asian LNG contracts equipped to deal with extreme price and demand volatility?
8This is a question that is now increasingly been asked

The energy intensive tiles industry in India is worth Rs 27,000 crore
8Of this, Morbi, accounts for 65-70% of the country’s tile manufacturing capacity
8Morbi has switched to gas. What about the other centres
8Every gas supplier needs to know more than he does about the economics of this industry

This engineering consultant has begun a training programme in the oil & gas sector
8Some of the courses are good, a industry representative can consider participating in them

Carbon capture is not possible in India at this juncture
8That seems to be the conclusion as of now

8Pipeline maintenance has been taken to an entirely different level this time around by this oil company

Oil companies have reduced their performance security or security deposit to 3%
8But this was meant to be a limited time measure
8Has this relaxation been extended?

Another new LNG project coming up?
8Seems like

Mansukh Mandaviya chairs a high level meeting to make Atmanirbhar Bharat in Urea and DAP Production by using 'Green Hydogen'
8But for now, green hydrogen is more hot air than real action on the gorund

8BVFCL has introduced a new fertilizer product
8Know more

8Two Rock Phosphate Shipments are coming up on 16th January and 18th January 2022
8One Sulphuric Acid Shipment is reaching on 15th January 2022