Around 2.8 million cbm of LNG is headed towards India
8Among them are five cargoes for GAIL
8The cargo for Reliance is coming from Das Island

Our daily fertilizer import data slate shows 0.4 MMTPA of products coming in
8IFFCO's Paradip complex is importing a significant quantity of rock phosphate
8The material is coming in from Aqaba and Casablanca

Shell's Hazira terminal seems to be now getting a few more cargoes
8One RIL shipment is unloading just now and there are now two more shipments coming in
8After the jolt it received when JKM prices flared up in January, it has been a slow recovery for the terminal
8Its business model has come into question
8The moot point is will it able to get back the old momentum?

BHEL has tasted success in its first downstream venture, after bagging a SRU project in Panipat in collaboration with EIL
8It has put in a bid for a SRU in Barauni but decided not to go with EIL
8And not it wants to get into all downstream projects, and it is looking for multiple partnerships
8Given that coal-based power projects have all but dried up, BHEL can be expected to go to any lengths to get new business
8Existing players will need to watch out for this company, it is most definitely going to intrude into their turf

Already, the government has unleashed a slew of measures to reduce import dependency in oil & gas
8But clearly the opposite has happened so far, dependency has gone up, not down
8There is now an acknowledgment that fresh thinking is needed with 2025 as a benchmark, and the government is taking the first steps towards that

8This downstream EPC contractor says it has full up now
 Find out what makes it say so

There is a big pipeline conference coming up, which is a must-attend for those who are interested in the segment.
8The big advantage is that the conference is online

8While LPG use is now slated to have become universal, a survey of slums throws up a different picture

OPEC said on Thursday a recovery in oil demand will be focused on the second half of the year as the impact of the pandemic lingers as a headwind for the group and its allies in supporting the market.

Royal Dutch Shell, owner of the world's largest fuel retail network, said on Thursday its total greenhouse gas emissions dropped 16% in 2020 as oil and gas sales fell sharply due to the coronavirus pandemic.

Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks fell sharply, although gains were capped by a surge in crude oil inventories after last month's Texas storm.

Two E&P service providers have joined hands
8And there is synergy there

IOC has claimed that GAIL is asking for way too much in a case involving pipeline tariff revision.
8Opex sought is too high, as also wage increases
8GAIL is also seeking compensation for unaccounted gas which is disallowed

8Expect a very sharp increase in the price of DAP

For a while, when a new Public Enterprises Selection Board (PESB) chairman was not appointed, it was thought that the leadership was busy with other things and once the focus is back a chairman will be appointed.
8But it has been many months now, and this website has dug out why the government has a different way of thinking about the whole appointments process for public sector undertakings
8Know more on what the government has against the PSEB process
8What kind of alternative solution is the government thinking about?

8A 2.6 million tonne deal for phosphates was entered into by an Indian company

8A new MAP/DAP RFQ is out

8One Rock Phos shipment is coming up on 12 March 2021
8One Ammonia shipment is coming up on 11 March 2021
8One Phos acid shipment is coming up on 14 March 2021

PET prices, on March 12, 2021 were stable in the domestic market in spite of lower international values.

On March 12, 2021, the demand for PBT was moderate and prices have been remaining steady in the domestic market.

On March 12, 2021, toluene prices were assessed lower in the Chennai market.

On March 12, 2021, HDPE Blow Moulding prices remained stable in the Indian domestic market.

On March 12, 2021, the purchase trend for EVA increased by Rs.2-3/kg in the open markets of Mumbai, Delhi, Chennai, Ahmedabad and Hyderabad.

On March 12, 2021, the purchase trend for ABS prices increased in the open markets of Mumbai, Delhi, Ludhiana, and Ahmedabad.

Price changes in the Mumbai polymer market have been reported by our analysts.