News & Bulletin Updates

Water Soluble Fertilizer Greenfield Project
8Cost - Rs 200 crore
8Project Event: The tender has been closed due to some internal issue of the company, EIL, FACT Engineering, Mecon & M N Dastrua were in the race of consultancy services for the preparation of DFR for setting up a Water Soluble Fertilizer (WSF) manufacturing plant, The tender is likely to be re-released in October 2021.
NPK Fertilizer Greenfield Project
8Cost - Rs 400 crore
8Project Event: The project is on hold due to the impact of Covid, It is likely to be activated in Q3 FY 2021

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IGX has changed some rules related to delivery provisions
8As buyers and sellers are not following through with some of their commitments

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Here is an e-auction done for a private oil field, as it moves from a fixed price contact
8The price elicited was higher and auctions saw bids for twice the quantity offered
8Also, here is a starter's guide on how to build a gas bidding portal, If that is of any interest to anyone

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Sep 13, 2021: LNG Briefs

8LNG ship chartering and purchasing is a complex business. Find out why that is so
8Here is a company that delivered its first ever carbon offset LNG cargo
8'Greener' LNG to capture the minds of the industry stakeholders. Find out in which ways
8This tender had a price slate of 27% to Brent as spot prices move to $20/mmbtu

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For LNG terminals, it is never easy to ensure adequate utilization of their LNG capacity.
8Swan Energy seems to have a 100 percent buyback
8But there is another LNG terminal coming up, which is coming close to that mark

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8If you want to keep a check on how COVID-19 is working its way through the Indian economy, do not need to go further

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Sep 13, 2021: GSFC: Doing good

8The fortunes of Gujarat State Fertilisers & Chemicals are looking up.
8Fertilizer segment drives earnings for GSFC while chemical performance is muted
8Get the latest updates about the company

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8Billionaire Anil Agarwal's Vedanta Ltd is seeking a premium of at least USD 1 over the government-mandated price for the natural gas it plans to produce from its Assam block.

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8OPEC wil likely revise down its 2022 oil demand growth forecast on Monday, two OPEC+ sources said, as the spread of the Delta coronavirus variant puts the speed of a recovery in fuel use in doubt.

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8“The two sides announced the addition of a fifth Pillar on Emerging Fuels, which signals joint resolve to promote clean energy fuels,” a statement said.

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8Nirlep Singh Rai is the new Chairman & Managing Director (CMD) of National Fertilizers Limited (NFL), a Minisratna PSU under the Department of Fertilizers.

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On September 8, 2021 polyamide 6 (E35) prices moved higher in the Delhi polymer market.

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On September 13, 2021, polyamide 6 (M28RC) prices were quoted lower in the domestic market of Delhi.

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Imported acrylic prices in the Mumbai polymer market were quoted higher. 

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The international crude oil price of the Indian Basket was quoted at around $71.25 per barrel on September 13, 2021. 

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On September 13, 2021 naphtha prices registered a downward movement in Japan while moving up in NW Europe owing to fluctuation in the markets.

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Petrochem sources in Ahmedabad have reported a rise in MTO prices. 

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POM (M270 44) prices in Mumbai were quoted higher today.

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On September 13, 2021 Imported Acrylic prices moved higher in the Delhi polymer market.

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On September 13, 2021, the Ahmedabad market witnessed a rise in MEK prices.

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Ethyl-Acetate prices moved higher today in the Ahmedabad chemical market.

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MP Diol prices were assessed lower in the Kandla market.

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On September 13, 2021, Petrochem sources reported a fall in cyclohexanone prices at Kandla port.

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On September 13, 2021, the Kandla market witnessed a rise in NBA prices.

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Market sources reported a rise in DEG prices in Hazira today.

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