Looks like we got in wrong when it came to award of FEED for Crown LNG's 7.2 MMTPA LNG project off Kakinada
8It did not go to who we thought it went to, instead it has gone to someone else

Two pipe manufactures -- Welspun and JSW -- carry a huge amount of clout in the industry
8Also, effectively, they have stopped imports from coming in
8Here is a backdrop on these companies

The short-run marginal cost (SRMC) of US LNG exports to the Asian market has risen to about $5.60/mn Btu as of June 2021, up 65% from $3.4/mn Btu in mid-2020 and 30% higher than last year’s average of $4.30/mn Btu.
8Clearly, with spot prices at $12/mmbtu, GAIL cargoes into India can easily turn in profits

Most companies commit to carbon neutrality in 2050 but here this Adani company which is committing to the following
8Committed to become Carbon Neutral Company by 2025
8Committed to achieve Zero Waste to Landfill for all the ports by 2025
8Committed to replace Single Use Plastic Waste by 2025
8Committed to carry out mangrove afforestation in 4000 Ha area and terrestrial plantation in 1200 ha area by 2025

ONGC is looking at geothermal energy
8And looking for EOIs
8Temperatures can go up to 200 degrees C

Almost two-thirds of India’s demand expansion up to 2024 will come from fuel substitution, primarily from liquid fuels to gas.
8Nearly 40% of India’s net demand growth is expected to come from industrial users, while the remaining growth is roughly evenly split between the residential, transport and energy sectors
8Also know more about carbon offset LNG, get a detailed update on this, who has imported how much
8Spot prices may reach $14/mmbtu by end of the year

8Auto companies may soon be asked to manufacture passenger and commercial vehicles that run on multiple fuel configuration aimed at reducing the use of polluting fossil fuels and cutting down harmful emissions

8India has procured the first shipment of one million barrels of 'Liza light sweet' crude oil from Guyana, in a significant move marking diversification of its sourcing of petroleum products.

8Crude oil prices rose Rs 15 to Rs 5,612 per barrel on Monday as participants widened their positions on a firm spot demand

8India’s annual gas consumption is expected to increase by 25 billion cubic metres (bcm) in the 2020-2024 period which translates into a 9% annual average growth rate, the International Energy Agency (IEA) said in its latest report.

8Find out how major Indian cooperatives came forward to heal the country during the worst-ever Covid-19 crisis

8The project has been launched in August, 2019, and is expected to be completed in 2023
8The daily production capacity is estimated to be around 2,800 metric tonnes

NPK-TSP-GSSP Greenfield Project 
8Cost - Rs 100 crore
8Project Event: Preliminary work has been activated, EIA studies are ongoing, the proposal for the environmental clearance has been granted in April 2021. and internal discussion is ongoing, RFO for the PMC contractor is likely to be released in September 2021
Sulphuric Acid Expansion Project
8Cost - Rs 100 crore
8Project Event: The company had signed Furnace Fabrica as an EPC contractor, all equipment has reached the site. 99.4 % of construction work has been completed. The pre-commissioning is ongoing, commissioning is likely to be completed in August 2021, due to the impact of the second wave of Covid-19

8Currently, we are tracking 5.14 million tonnes of crude cargo
8Mumbai seems to have all its three berths empty while vessels are in wait

As far as LNG imports are concerned, even now only two terminals are active
8Though Torrent is bringing in a cargo, high priced,, we are sure, but given that it has its own distribution system, it could run its gas-based power plants and still make money. Others will not be able to do so under India's merit order power purchase system
8GAIL is bringing a cargo at Hazira

8India's dependency on fertilizer imports is high
8As of the moment we are importing sulphur, rock phosphate, MOP, urea among others

Around 78 lakh tonnes of chemical imports are lined up
8This is as much as 22% less than the normal 1 MMTPA of imports lined up on an average day
8As of today evening data a whole lot of less chemicals are coming into the country

8Himadri Spciality's CBFS cargo is due for arrival
8This cargo is coming from Yeosu

8A joint chemical cargo is being brought in by two companies
8The cargo will be off-loaded at Vizag

8A shipment of palm fatty acid is coming into India
8Find out the landing port

8MCPI and Sai Sulphpnate is jointly importing paraxylene and LAB
8The cargo is expected tomorrow

8Phosphoric acid and sulphuric acid is coming from Isabel
8Glencore is shipping it in

8A huge paraffin cargo is getting imported
8OMPL is bringing it in

8A cargo of caustic soda lye is expected at Tuticorin
8Find out the arrival date

In Delhi, imported POM prices were quoted higher today