Communicator

HPCL Rajasthan Refinery. Credit: TATA PROJECTS

India’s Largest Greenfield Refinery-Cum-Petrochemical Complex Advances Toward Operational Milestone.

Hindustan Petroleum Corporation Limited (HPCL) is poised to commence crude oil processing at its 9 million metric tons per annum (MMTPA) Rajasthan refinery in October 2025, marking a critical step in India’s push for energy self-sufficiency. The greenfield refinery-cum-petrochemical complex, located in Pachpadra, Barmer, will be the country’s first new integrated facility in nearly a decade and a cornerstone of its strategy to meet rising fuel and petrochemical demand.

Project Progress and Timeline

• Physical Completion: 82% as of September 2024, with crude pipelines nearing 94% completion.
• Crude Unit Start: October 2025, with phased commissioning of downstream units to follow.
• Full Operations: Expected by December 2025, ramping up to 80% capacity by year-end and full utilization by 2027.
• Petrochemical Integration: Polypropylene, LLDPE, and HDPE units to begin operations in early 2026, three months after refinery startup.

Strategic Configuration and Technology

• Crude Flexibility: Processes a mix of indigenous Rajasthan crude (1.5 MMTPA) and imported Arab medium/heavy grades (7.5 MMTPA), shifting to 100% imported crude after eight years.
• Key Units:
  • Crude Distillation Unit (CDU): 9.0 MMTPA
  • Delayed Coker Unit (DCU): 2.4 MMTPA
  • Petrochemical Fluidized Catalytic Cracking Unit (PFCCU): 2.9 MMTPA
  • Polypropylene Units: 2 x 490 KTPA (Lummus Novolen technology).
• Licensors: Axens (naphtha hydrotreating, isomerization) and Lummus (polypropylene reactors).

Economic and Environmental Impact

• Investment: ₹72,937 crore ($8.8 billion), with ₹48,625 crore secured via consortium financing.
• Employment: Generated over 50,000 jobs during construction, with 10,000 permanent roles post-commissioning.
• Sustainability: BS-VI compliant fuels, CO₂ recovery systems, and a 17,000-tree plantation drive to combat desertification.
• Market Role: Addresses northern India’s fuel deficit, reducing reliance on imports and positioning India to surpass China in oil demand growth by 2027.

Challenges and Delays

Originally conceptualized in 2013, the project faced delays due to pandemic disruptions, logistical hurdles, and cost escalations. Revised timelines now align with India’s goal to expand refining capacity to 450 MMTPA by 2030.

Future Expansion

HPCL plans to double the refinery’s capacity to 18 MMTPA, leveraging its modular design and existing infrastructure. The expansion will further integrate petrochemical production, targeting 2 MMTPA of specialty chemicals by 2030.

Outlook

The Rajasthan refinery underscores India’s ambition to balance fuel production with high-value petrochemicals, positioning the country as a global refining hub. With commissioning on the horizon, all eyes are on HPCL to deliver a project that could redefine Asia’s energy landscape.

#india  #rajasthan  #refinery  #refining  #crudeoil  #rajasthancrude  #hpcl  #axens  #lummus 

Rajasthan Crude Oil has been added.

#india #crudeoil  #rajasthancrude  #rajasthan 

Screenshot showing Indian crude oil refineries from the Portfolio Planning PLUS Refinery Module.

Saudi Aramco, the world’s top oil company, is close to sealing a major deal in India that could change the energy landscape for both countries. The company is in advanced talks to buy a 20% stake in two brand-new oil refineries being planned by Indian state-run firms ONGC and BPCL. These massive projects, set for Gurajat and Andhra Pradesh, will each process 12 million tonnes of crude oil every year. The total investment for both refineries is expected to reach around $24 billion, with Aramco’s share estimated at up to $5 billion.

This isn’t just about buying into a couple of refineries. For Aramco, it’s a smart way to make sure its oil has a steady home in India, which is one of the world’s fastest-growing energy markets. As global oil demand slows in other regions, India’s appetite for fuel is still rising. By owning a slice of these refineries, Aramco can lock in sales for its crude oil for years to come. For India, the deal is a win in several ways. It brings in foreign investment, creates new jobs, and helps guarantee a reliable supply of oil. The partnership also means India can tap into Aramco’s technology and expertise, which could help the country strengthen its position as a major refining and petrochemical hub.

This potential partnership is no coincidence as it follows a high-level meeting in April between Indian Prime Minister Narendra Modi and Saudi Crown Prince Mohammed bin Salman. The two leaders discussed ways to deepen their countries’ energy ties, and this deal is a clear sign of that growing relationship. Aramco’s interest in India comes after some earlier attempts to invest in the country’s refining sector didn’t work out. But this time, the talks are progressing well, and both sides seem eager to make it happen.

Aramco isn’t the only Gulf oil giant looking to strengthen its ties with India. The United Arab Emirates’ ADNOC recently signed a long-term deal to supply liquefied natural gas (LNG) to Indian Oil, and QatarEnergy is investing heavily in India while also signing a major supply agreement with Shell. Oman’s OQ is also moving forward with a big petrochemical project. All of this shows how important India has become for Gulf energy companies as they look for new markets.

If the deal goes through, Aramco will become a key player in India’s energy sector. It’s a move that could help shape how oil flows into and out of Asia for years to come. For India, it means more investment, jobs, and energy security. For Aramco, it’s a way to stay ahead in a changing world where energy demand is shifting. In short, this isn’t just a business deal-it’s a sign of how the energy world is changing, with India and the Gulf states building stronger ties and planning for the future together.

#aramco  #saudiarabia  #india  #ongc  #bpcl  #refining  #refinery  #crudeoil  #oilrefining  #adnoc  #qatarenergy  #shell  #oq 

ONGC Petro additions Limited (OPaL) refinery.

Sep 2024

India’s Oil and Natural Gas Corporation (ONGC) is considering a major new investment in the country’s energy sector with plans for a large refinery and petrochemical complex in Uttar Pradesh. The proposed facility, which would have a capacity of 9 million tonnes per year, is estimated to require an investment of more than ₹700 billion ($8.3 billion).

According to people familiar with the discussions, ONGC has begun talks with Bharat Petroleum Corporation Ltd. (BPCL) about partnering on the project. BPCL owns a parcel of land in Prayagraj, which could be used for the refinery. Access to this land could help ONGC avoid common delays associated with land acquisition, a frequent obstacle for large infrastructure projects in India.

The move comes as India’s demand for fuels and petrochemicals continues to rise, driven by rapid economic growth and expanding industrial activity. While the country is also increasing its renewable energy capacity, the need for refined petroleum products remains strong, especially in populous states like Uttar Pradesh.

The Uttar Pradesh project is part of ONGC’s broader strategy to expand its downstream presence and tap into India’s growing energy market. If it moves forward, the refinery would not only boost local fuel supplies but also create jobs and support regional development.

BPCL is also exploring new refining projects, with both Uttar Pradesh and Andhra Pradesh under consideration. The company has hired a US-based consultant to help select the best site, and Andhra Pradesh is reportedly favored due to state-offered incentives, though Prayagraj remains a strong contender because of the available land.

ONGC and BPCL have not yet made public statements about the project, and discussions are ongoing. If approved, the new refinery could mark a significant step in meeting India’s future energy needs and strengthening the country’s refining capacity.

#ongc  #bpcl  #refinery  #india 

New Delhi – India's Oil and Natural Gas Corporation (ONGC) is actively seeking strategic partners to ensure a stable supply of ethane feedstock for its ONGC Petro additions Ltd (OPaL) petrochemical complex in Dahej, Gujarat.

ONGC has issued an expression of interest (EOI) to collaborate with companies experienced in the operation and management of very large ethane carriers (VLECs), very large gas carriers, and liquefied natural gas carriers. This initiative aims to secure the necessary infrastructure for transporting 800,000 tonnes per year of ethane, which OPaL requires from May 2028 onwards.

OPaL operates a dual-feed cracker capable of producing 1.1 million tonnes per year of ethylene and 400,000 tonnes per year of propylene. The facility relies on a mix of naphtha and C2, C3, and C4 feedstock.

ONGC's plan involves establishing a joint venture company that will handle funding and the construction of VLECs. ONGC will then charter these vessels to transport its ethane requirements.

Interested parties have until March 27th to submit their proposals.

#opal  #ongc  #india  #vlec  #steamcracker  #ethane  #lpg 

Polyolefin technologies, glycol process and their capacities have been identified.


#lyondellbasell  #novachemicals  #scientific  design #spheripol  #hostalen  #sclairtech  #india  #panipat  #refinery  #iocl 

Rotterdam, January 28, 2025 – LyondellBasell (LYB), the world's largest licensor of polyolefin technologies, today announced that Indian Oil Corporation Ltd. (IOCL) has selected its Hostalen Advanced Cascade Process (Hostalen ACP) technology for a new 500 kiloton per year (kta) high-density polyethylene (HDPE) facility in Paradip, India.

The new HDPE plant will be integrated into IOCL's Paradip complex, one of India's largest integrated refinery-petrochemical complexes. Located on the eastern coast of India in the state of Odisha, the Paradip facility plays a strategic role in serving the growing polymer market in the Indian subcontinent. The complex, which includes a 15 million tonnes per year refinery, will benefit from the addition of this state-of-the-art HDPE unit to its existing petrochemical operations.


#paradip  #india  #hostalen  #acp  #lyondellbasell  #hdpe 

HOUSTON, June 20, 2024 -- Bharat Petroleum Corporation Ltd. ("BPCL") has selected Univation's UNIPOL™ PE Process Technology for two world-scale production lines to be located at BPCL's Bina Refinery site in Madhya Pradesh, India, Univation reports.

The two units are designed to achieve a combined nameplate production capacity of 1,150,000 tons per annum of polyethylene (PE).

The process designs for the two BPCL's reactor lines are engineered with full production back-fill capabilities to maximize manufacturing flexibility, increase PE resin supply continuity, and enable enhanced responsiveness to emerging marketplace needs.

The two BPCL reactor lines will enable production of both high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE) products allowing BPCL to meet their customer demands across a wide range of PE applications essential for Indian markets.


#univation  #unipolpe  #india  #bpcl  #binarefinery 

Description of the Indian Oil Corporation (IOCL)'s Indmax FCC technology has been updated.


#iocl  #indianoilcorporation  #lummus  #fcc  #catalyticcracking  #residueupgrading 

IOCL Paradip refinery

News provided by: Univation Technologies, LLC, Sep 16, 2024

Indian Oil Corporation Ltd. (IOCL), India's largest oil refiner, has selected Univation Technologies' UNIPOL™ PE Process Technology for a new world-scale polyethylene (PE) production line at its Paradip Petrochemical Complex in Odisha, India.

This significant expansion will add a nameplate production capacity of 650,000 tons per annum of PE, significantly boosting IOCL's ability to meet the growing demand for polyethylene in the Indian market. The new line will have the flexibility to produce both linear low-density polyethylene (LLDPE) and high-density polyethylene (HDPE), covering a wide range of applications.

IOCL has chosen a combination of Univation's advanced catalysts to achieve this versatility, including:

    UCAT™ J Unimodal HDPE/LLDPE Technology
    PRODIGY™ Bimodal HDPE Technology
    ACCLAIM™ Unimodal HDPE Technology

This strategic selection allows IOCL to cater to both unimodal and bimodal PE market segments, ensuring they can meet stringent performance standards for critical applications like flexible and rigid packaging, high-pressure pipes, and durable goods.

Recognizing the growing importance of metallocene polyethylene in India, IOCL will also utilize Univation's XCAT™ Metallocene Catalysts. This will enable them to produce advanced metallocene PE grades for high-end applications such as robust shipping packaging, high-performance films for food preservation, and sustainable agricultural films.

To ensure optimal operation and efficiency, IOCL will implement Univation's PREMIER™ APC+ 3.0 Advanced Process Control Platform. This platform is designed to enhance process control, optimize raw material yields, and 1 maintain consistent product quality across the entire PE resin grade portfolio.

#unipol  #polyethylene  #bimodal  #metallocene  #univation  #iocl  #india  #indianoilcompany  #paradip  #refinery 

IOCL chairman Arvinder Singh Sahney having a discussion with Chief Minister Mohan Charan Majhi at Lok Seva Bhawan in Bhubaneswar on 24 Dec 2024 (Photo | Express)

Indian Oil Corporation (IOCL), India's largest oil refiner, has announced a significant investment of approximately $7 billion (INR 61,000 crore) in a new naphtha cracker project in Paradip, Odisha. This project represents a major step in expanding India's petrochemical production capacity and boosting economic development in the region.

The naphtha cracker unit will be located at IOCL's existing refinery complex in Paradip. This strategic location offers synergies with the existing infrastructure and feedstock supply. The project is expected to create numerous jobs during construction and operation, contributing to local employment and economic growth. The investment proposals is part of Paradip refinery capacity expansion from 15 million tonne per annum (MTPA) to 25 MTPA.

This investment underscores IOCL's commitment to meeting the growing demand for petrochemicals in India. The naphtha cracker will produce key building blocks for various downstream products, serving industries ranging from plastics and packaging to textiles and automotive. This project will reduce India's reliance on imports for these crucial materials.

#iocl  #indianoilcompany  #steamcracker  #naphtha  #india  #paradip  #refinery 

The description of the IOCL Paradid Refinery has been updated.

#iocl  #indianoil  #paradip  #refinery 

BPCL Mumbai Refinery

Bharat Petroleum Corporation Limited (BPCL) has unveiled plans for an ambitious $11 billion integrated refinery and petrochemical complex in Andhra Pradesh, marking a significant expansion of India's refining capabilities. The announcement comes as India positions itself to become a major global refining hub amid Western companies' shift toward energy transition.

In a recent interview, BPCL Chairman G. Krishnakumar highlighted the strategic importance of the project, stating, "We feel there is a big opportunity in the refining sector. India's primary energy demand itself is also going to increase three to four times as its economy expands." This expansion aligns with India's vision to become a developed nation by 2047, targeting a GDP growth from $3.8 trillion to $30 trillion.

The proposed facility in Andhra Pradesh will include a 9-million-metric-tons-per-year refinery and an ethylene cracker, with an estimated cost between 900-950 billion rupees ($10.56-11.14 billion). The complex will feature a 35% petrochemical intensity, and pre-project work, including land acquisition, has already begun.

The strategic location in South India is particularly significant, as approximately 80% of the complex's output will serve the southern region's petrochemical developers and automobile manufacturers. This new facility will complement BPCL's existing operations, which currently include three refineries with a combined capacity of 35.3 million metric tons per year, plus fuel purchases from the 3-million-metric-ton Numaligarh refinery in the northeast.

Beyond this major project, BPCL is diversifying its portfolio with renewable energy initiatives. The company aims to achieve 10 gigawatts of clean energy projects by 2035 and has formed a joint venture with Sembcorp to expand its current 300-megawatt renewable energy portfolio.

Additionally, Krishnakumar expressed optimism about the $20 billion Mozambique LNG project, led by France's TotalEnergies, in which BPCL holds a stake alongside other Indian companies. Operations are expected to commence in the first quarter of 2025, with gas monetization projected for 2028-2029.

The investment in the Andhra Pradesh complex will help BPCL reduce its dependence on external fuel purchases, which currently account for one-fifth of the 50 million metric tons of refined fuels sold through its retail stations.

#bpcl  #india  #refinery  #lng  #totalenergies  #grassrootrefinery  #steamcracker  #renewableenergy 

BPLC Bina Refinery

India's Bharat Petroleum Corp. (BPLC) plans to expand its refining capacity to 45 MMtpy by 2028 from the current 35.3 MMtpy, its head of refining, Sanjay Khanna, said on Dec 17, 2024 at an industry event, as reported by Hydrocarbon Processing.

As part of the plan, BPCL—the country's second-biggest fuel retailer—will increase the capacity of its 15.5-MMtpy Kochi refinery, situated in the southern state of Kerala, to 18 MMtpy.

It will also boost the capacity of its 12-MMtpy Mumbai refinery to 16 MM tpy, Khanna said.

The state-run company additionally expects to expand its 7.8-MMtpy Bina refinery in central India to 11.3 MMtpy by May 2028, he added.

The refiner, which is always on the scout for cheaper oil grades to maximize its profit margins, is also keen to test low-sulfur grades from South America including those from Argentina, Khanna said.

#crudeoil  #lowsulfur  #refining  #refinery  #bplc  #bharat  #bina  #kochi  #mumbai  #india  #capacityexpansion 

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, December 2024.

India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overtaking China this year, EIA reports.

China’s oil consumption grew by more than India’s in almost every year from 1998 through 2023, with China’s oil consumption regularly growing more than any other country during those years.

Over 2024 and 2025, India accounts for 25% of total oil consumption growth globally. EIA expects an increase of 0.9 million barrels per day (b/d) in global consumption of liquid fuels in 2024 and even more growth in 2025, with global oil consumption increasing by 1.3 million b/d.

Driven by rising demand for transportation fuels and fuels for home cooking, consumption of liquid fuels in India is forecast to increase by 220,000 b/d in 2024 and by 330,000 b/d in 2025. That growth is the most of any country in each of the years.

China’s liquid fuels consumption is expected to grow by 90,000 b/d in 2024 before increasing by 250,000 b/d in 2025. In China, rapidly expanding electric vehicle ownership, rising use of liquefied natural gas for trucking goods, a declining population, and decelerating economic growth have limited consumption growth for transportation fuels. Most of the growth in China is the result of increasing oil use for manufacturing petrochemicals.

Although India’s growth in percentage and volume terms exceeds China’s growth in the forecast, China still consumes significantly more oil. Total consumption of liquid fuels in India was 5.3 million b/d in 2023, while China consumed more than triple that amount at 16.4 million b/d in 2023, based on December estimates.

Read our oil demand forecast to 2050.

#fuels  #petrochemicals  #electricvehicles  #crudeoil  #naturalgas  #lng  #liquidfuels  #china  #india 

Aug 28, 2024 | Offshore Technology

The venture, estimated to cost more than $10bn (Rs839.48bn), is in discussion with ONGC and its subsidiary HPCL.

The Chatterjee Group (TCG), a US-based private equity firm, is seeking a partnership with Indian state-run companies for an oil-to-chemicals project in Cuddalore, Tamil Nadu, reported Bloomberg, citing sources. TCG is in discussion with Oil & National Gas Corporation (ONGC) and its subsidiary Hindustan Petroleum Corporation (HPCL). The proposal suggests the state companies collectively hold a 49% stake in the project – estimated to cost more than $10bn – while TCG, which operates in India through Haldia Petrochemicals, would retain the remaining 51% share. TCG’s project aims to produce 3.5mtpa of ethylene and propylene.

As per Reuters’ April report, Haldia Petrochemicals CEO Navanit Narayan stated that the project is expected to be operational by 2029. The project’s financial closure is anticipated by the end of 2024. Haldia Petrochemicals currently operates a petrochemical plant in eastern India and is developing the nation’s largest integrated phenol project in West Bengal’s Haldia.

The potential investment reflects India’s focus on expanding petrochemical capacities, providing essential materials for a range of products from consumer goods to automotive components. As per government estimates, the demand for chemicals and petrochemicals in India is projected to triple to $1trn by 2040. Oil refiners, including Reliance Industries led by Mukesh Ambani, are shifting their production focus towards petrochemicals over traditional fuels to cater to the increasing demand for specialty plastics and chemicals used in solar panels and electric vehicles.

As per Reuters’ April report, Haldia Petrochemicals CEO Navanit Narayan stated that the project is expected to be operational by 2029. The project’s financial closure is anticipated by the end of 2024. In other development, ONGC has recently been granted government approval for an additional investment of $2.19bn into its petrochemical unit ONGC Petro Additions.

#haldia  #chatterjeegroup  #india  #cotc  #oiltochemical  #hplc  #ongc  #reliance  #ethylene  #propylene  #petrochemicals  #oilrefining  #petroadditions 

Photo: Russian crude oil tanker. Credit: Defense.in

13^th Dec2024 | News aggregation
 
Russian state oil company Rosneft has signed a landmark 10-year agreement to supply 500,000 barrels of crude oil per day to India's Reliance Industries (RIL), marking the largest energy deal ever between the two countries. The agreement, valued at approximately $13 billion annually at current prices, represents 0.5% of global oil supply.

Under the terms of the deal, Rosneft will deliver 20-21 Aframax-sized cargoes of various Russian crude grades and three cargoes of fuel oil monthly to Reliance's Jamnagar refining complex, the world's largest, in Gujarat. The supplies are scheduled to begin in January, with an option to extend the agreement for an additional 10 years.

The pricing structure includes differentials to Dubai crude prices, with Russian Urals crude, which makes up the majority of the supply, to be priced at a $3 per barrel discount. Light sweet grades like ESPO, Sokol, and Siberian Light will carry premiums ranging from $1 to $2 per barrel.

This agreement significantly expands the existing relationship between the two companies. From January to October, Reliance had been importing an average of 405,000 barrels per day of Russian oil, an increase from 388,500 barrels per day during the same period last year. The new arrangement will account for approximately half of Rosneft's seaborne oil exports from Russian ports.

The deal was approved during Rosneft's board meeting in November and both companies will conduct annual reviews of pricing and volumes to account for market dynamics.

#russia  #india  #rosneft  #reliance  #jamnager  #refinery  #urals  #crudeoil  #espo  #sokol 

10 Dec 2024.

COAL IMPORTS

In 2024, the global reliance on thermal coal is proving to be more resilient than expected. Kpler reports a 9 million metric ton increase in thermal coal exports for the first 11 months compared to 2023, with Indonesia leading the charge by exporting over 500 million metric tons. Exports will climb further in December as power firms stock up for the Northern hemisphere winter. China expanded imports by around 8% to a record 340 million tons from January 1st through the first week of December.

COAL IMPORTS AND CONSUMPTION

China's electricity generation from coal-fired plants climbed 2% over the first 10 months of 2024 to a new record of 4,838 terawatt hours, according to energy think tank Ember, making 2024 the ninth consecutive year of coal-fired expansion in China. The continued expansion in coal imports and use underscores the difficulty of dislodging fossil fuels from energy systems, and may disappoint those hoping for a peak in coal burning. Beyond China, other key growth markets for coal imports and consumption this year are across Southeast Asia, where several economies have benefited from expanded manufacturing output and exports, and rising regional consumption.

Sources: finimize, Reuters

#coal  #thermalcoal  #china  #india  #indonesia  #coalexports  #coalimports 

Picture: Indian subcontinent refineries, via ppPLUS

India’s dependence on imports to meet its requirements of basic petrochemicals, including polymers, is only expected to rise, despite projects – under implementation and on the drawing boards. This is partly because the historical baggage of poor capacity builds will take time to catch up with rising demand.

In the last few years, however, India’s public sector refiners have climbed on the petrochemicals bandwagon, seeking value-added outlets for refinery streams. They have invested in aromatics (for feeding the polyester value chain), propylene (for polypropylene, PP, and some other chemicals notably, oxo-alcohols and acrylate monomers), linear alkyl benzene (LAB), a key detergent raw material, and a few other projects. And more are to come in the near-term.

There are several commonalities amongst the firm projects. For one, the emphasis seems to be on building the C3 (propylene) value chain. This is not surprising as FCC propylene offers a simple, low-cost route to the olefin and one that can be conveniently retrofitted into existing refinery operations. There is also an overwhelming emphasis on PP production, which may not be wise, as it runs the risk of overbuild should demand growth not pan out as anticipated.

There are other propylene derivatives that can be considered, and these merit attention if not by the refiners themselves then by third party investors for whom it will be more worthwhile. Much will hinge on the commercials of the olefin supply arrangement, but such business models are widely followed, including here in India, let alone in other countries.

Importantly, the government needs to recognise that the chemical industry as a key enabler of modern living, and not a nuisance to be constrained through regulation and red-tape. The priority must be on developing well-developed clusters where not just the petrochemical industry, but also the broad chemical industry – including the fine and specialty chemical industries, wherein India’s competitiveness is well recognised – can locate and start operations in double-quick time. Clusters are efficient and safe locales where the industry can thrive, as several countries have amply shown.
 
India needs a much larger and more diversified chemical industry than it has now. The former it seems is happening. Not so sure of the latter. The herd mentality to investments needs to change. Those who have dared to do so – and there are a few examples – have been amply rewarded. More need to emulate, not imitate, them!

Ravi Raghavan, 12 Nov 2024, Linkedin post.

#india  #petrochemicals  #chemicals  #valuechains  #propylene  #fcc  #refinery  #polyester  #aromatics  #olefins  #polypropylene  #acrylics  #lab  #chemicalindustry  #indianchemicals  #IOCL  #BPCL  #HPCL  #RelianceIndustries  #investment  #specialitychemicals  #finechemicals  #oilrefining  #polymers  #ethylene  #competitiveness 

Four Unipol PP Plants with a cumulative capacity of 1 million tons have been added to the Hazira and Jamnagar 1 (J1 DTA) production sites according to this ROYAL MARKETING communication putatively dated from 2014: 

Reliance Industries Limited is Asia's largest manufacturer of Polypropylene (PP). With a combined capacity of over 1 million tonnes, Reliance figures amongst the Top Eight Polypropylene producers in the world. Reliance holds a 70% share of the Indian Market and caters to 3% of the worlds consumption of PP.

Reliance Industries Limited commissioned its first PP plant with a capacity of 350 KTA in Oct'96 at Hazira Petrochemical Complex. This was followed by the commissioning of two lines of 200 KTA each at it's Jamnagar Petrochemical Complex in April/May'99. The third line at Jamnagar of 200 KTA was commissioned in Dec'99.

Reliance has adopted the world acclaimed Unipol Process of Union Carbide (now merged with Dow Chemical) for manufacturing PP at all its sites. Unipol process combines the production efficiency of gas phase fluidized bed reactor technology with the high activity and stereospecificity of the SHAC catalyst system. The two production sites offer a wide range of Homopolymer, Random and Impact copolymer grades. These can cater to the entire spectrum of Extrusion, Injection & Blow molding processes.


#unipol  #unipolpp  #wrgrace  #gasphase  #reliance  #polypropylene  #hazira  #jamnagar  #reliance  #india 

Hazira Manufacturing Division of Reliance Industries Limited (RIL) in Surat has been added.


#india  #gujarat  #surat  #haziramanufacturingdivision  #hmd  #hazira  #reliance  #ril 

Bloomberg reports that the price of Russian oil significantly surpasses the price cap established by the G7, intended to curb Moscow's revenue for military actions in Ukraine, indicating substantial non-compliance. According to Argus Media, Russia's primary Urals grade commands around $75 per barrel upon departure from Baltic and Black Sea ports. However, by the time Urals cargoes reach India, the price escalates to $88 per barrel, a mere $3.80 below the benchmark Brent, as per Argus data. Additionally, Russian ESPO crude leaving Kozmino port fetches $84 per barrel, consistently evading the price cap for approximately a year. Further disparities arise as 23% of Russian crude supplies in March were insured against spills and accidents by members of the International Group of P&I Clubs. This indicates that traders could attest that the cargo's value was significantly lower than what Argus had priced Urals at. Moreover, a smaller portion was transported via Greek tankers, all insured by Western insurers.

#india  #russia  #pricecap 

The government's strategic petroleum reserves development and operation company, Indian Strategic Petroleum Reserves Ltd (ISPRL), has announced plans to establish India's inaugural commercial strategic crude oil storage facility.

Until now, India has limited commercial utilization of its three existing strategic oil storage facilities, boasting a collective capacity of 36.7 million barrels.

In pursuit of this initiative, ISPRL has released a tender for the development of a 2.5 million-ton underground storage facility in Padur, located in the state of Karnataka.

#india  #strategicpetroleumreserves  #crueoilstorage 

Haldia Petrochemicals, a company based in Kolkata, India, produces polymers and chemicals.

The company has decided to invest in an oil-to-chemicals project in Tamil Nadu.

ABOUT THE PROJECT:
☑ Capacity - 3.5 million tonnes of ethylene and propylene
☑ Cost - $10 Billion

BENEFITS:
Ethylene and propylene are used to make
☑ Shopping bags
☑ Car parts
☑ Water pipes

Navanit Narayan, CEO of Haldia Petrochemicals, said:
"The project will convert crude oil into chemicals to meet the growing demand for polymers in the country."

Source: Governance TamilNadu Linkein Post, April 1^st, 2024

#india  #oiltochemicals  #ethylene  #propylene 
 

Indian state oil refineries are negotiating with Russian "Rosneft" for oil supplies of about 500,000 barrels per day, reports Bloomberg. These negotiations involve long-term contracts, whereas currently, India primarily purchases Russian oil on the spot, i.e., immediate market. In January, oil deliveries from Russia fell by 4-9% compared to December, down to 1.2-1.3 million barrels per day.

The economic rationale of the Indians for why buying Russian oil at discounts is beneficial for the global market is interesting. India's Minister of Petroleum and Natural Gas Hardeep Singh Puri told CNBC, "The world is grateful to India for buying Russian oil. If we start buying more Middle Eastern oil, the price of oil will not be at the level of 75 or 76 dollars. It will be 150 dollars per barrel."

#india  #russia  #rosneft 

Prime Minister Narendra Modi announced that India is poised to invest approximately $67 billion in the development of its oil and gas industry in the upcoming years. Modi stated that the aim is to elevate the share of natural gas in the energy mix from 6% to 15%. He highlighted the necessity of this investment, estimating it will be executed over the next 5-6 years.




Modi further underscored India's significant position as the third-largest global consumer of energy, oil, and LPG, and the fourth-largest importer and processor of LNG. He projected that India's hydrocarbon demand would escalate from the current 19 million barrels of oil equivalent to 38 million boe by 2025.

Emphasizing India's achievements in renewable energy, Modi noted that the country ranks fourth globally in installed renewable energy capacity. He added that approximately 40% of the nation's installed capacity is derived from non-fossil fuel sources.

Considering this trajectory, Modi expressed confidence that, with appropriate strategies, India could potentially serve as a quality alternative to Europe in the coming years, thus hinting at significant geopolitical implications.

#naturalgas  #oilandgas  #investment  #enrgy  #india