News & Bulletin Updates

The promoters of Crown LNG, setting up a massive 7.2 MMTPA LNG project at Kakinanda has got itself to work already
8It has hired a consultant

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Paving the way for the transformation of the fossil fuel ecosystem in the country, the Ministry of Road Transport and Highways has issued a draft notification for facilitating use of a blend of 12 per cent and 15 per cent ethanol in gasoline as automotive fuels.

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8A DOF circular on DAP supplies in the current Kharif and Rabi seasons has set alarm bells ringing in the industry
Find out why

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8We are tracking a total of 6.23 million tonnes of crude imports
8Who is importing them and in what quantities?

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8Today's evening data still shows that out of six LNG terminals ready, only two are ferrying cargoes

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Fertilizer imports are active in the ensuing days, as our data seems to suggest.
8Imports are coming in in bulk of urea, MOP, sulphur, rock phosphate, ammonium nitrate, NPK as well as DAP
8Current DAP imports are by Kricbho, NFL and Coromandel, and they are coming in from China as well as Morocco

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8This large CGD company is looking for compressed bio-gas in large quantities

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8What is the latest update on the Swan LNG project
8Will it be completed on time?
8Unlikely, it seems

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It looks like the authorities are keen to get virtual LNG pipelines rolling
8At last, issues are sought to be tackled head-on, but it will take some time before they are all sorted out

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Virtual pipeline owners may get a big boost from this big consumer willing to replace diesel from its machinery with LNG
8The company has far flung operations and it will require large and longish virtual networks to do so

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8Find out why the subsidy bill flare-up in the current and in the coming year
8Import prices are flaring up and unlikely to stay down for a long time

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IGX did not put up a great show in traded volumes in June
8While sell quantities were higher, what was actually bought was much lower
8Prices ranged from $8.91/mmbtu for monthly bids to $7.38/mmbtu for weekly bids
8The small business volume notwithstanding, IGX did pocket a neat pile of money selling stakes to oil & gas companies

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8The index of eight core industries' output showed an increase of 16.8% in May 2021

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RCF has awarded a tender for urea to several parties
8But the point to note is the price at which the deals were struck were the highest in the last six years
8Find out more on who was awarded and what the price

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Jul 01, 2021: Nano gets IIT nod

8The newly launched fertilizer seems to have got an endorsement from an IIT professor

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Ammonia Greenfield Project
8Cost - Rs 2773 crore.
8Project Event: The project is likely to be submitted as a proposal for environmental clearance at the end of July in place of June 2021. The RFQs are to be released from August 2021. 
SSP/GSSP Greenfield Project 
8Cost - Rs 15 crore.
8Project Event: The proposal for the environmental clearance has been submitted, and terms of reference have been granted. The final EIA preparation is ongoing which is likely to be completed in Q3 2021. RFQ for the local contractor is likely to be release IN Q3 2021. The company will also apply for a loan to finance the project.

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8Get the latest sulphuric acid import cargoes into India

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8The current cargo load at Dahej is made up of 46000 tonnes of ethane brought from Houston
8There is also 19500 tonnes of sulphuric acid and some acetic acid

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8Find out the cargoes landing up in Ennore in the next few days
8Who is bringing them in?

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83000 tonnes of butadiene waiting to be unloaded at Pipavav
8The ship Mt Epic St Vincent has been at anchorage as of now

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8JNPT port will see an assorted range of chemicals coming in over the next few days
8And these will include: acetic acid, butyl acetate and base oil among others

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8A joint chemical cargo is being shipped in
8It is being shipped in by Haldia Petrochem

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8A CBFS cargo is expected on July 10
8The landing port is Haldia

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8A cargo of caustic soda lye is up ahead
84500 tonnes is the cargo weight

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8A cargo of sulphuric acid is coming from Longkou
8Find out who is importing it

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