• Like
March 2005 Oil and Gas Industry
Upcoming SlideShare
Loading in...5
×

March 2005 Oil and Gas Industry

  • 785 views
Uploaded on

 

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
No Downloads

Views

Total Views
785
On Slideshare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
19
Comments
0
Likes
1

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Oil and Gas Industry Dynamic and Growing
  • 2. Oil and Gas
    • India - An Overview
    • Market and Growth Potential
    • Players
    • Opportunities
    • Contact in India
  • 3. India - An Introduction
    • Population
    • States/UTs
    • Geographical Area
    • Languages recognised
    • Business language
    • Per Capita Income**
    • GDP**
    Over 1 bn 35 3.3 mn sq kms 22 English US$ 534 US$ 650 bn **(at factor cost & at current prices) 1USD=43.54 INR (as on July 4, 2005) Source:CSO Statistics
  • 4. India - Fast pace Growth
    • Largest democracy
    • 4th largest economy by PPP index
    • 6th largest energy consumer
    • ForEx reserves skyrocket from US$ 42 bn (2001) to
    • US$ 133 bn (February, 2005)
    • GDP growth to continue between 6-8%
    • 3rd largest economy by 2050: Goldman Sachs
    • Leading in IT & BPO
    • Oil & Gas and Biotechnology sunrise industries
  • 5. India - Leading the world
    • Hero Honda - largest manufacturer of motorcycles
    • Moser Baer - among the top three media manufacturers
    • in the world
    • Pharmaceutical Industry - 4th largest in world
    • Walmart, GAP, Hilfiger sources more than
    • USD 1bn worth apparel from India
    • 100 Fortune 500 have set R&D facilities in India
    • including GE, Delphi, Eli Lilly, HP, Heinz and Daimler
    • Chrysler
  • 6. Oil and Gas
    • India - An Overview
    • Market and Growth Potential
    • Players
    • Opportunities
    • Contact in India
  • 7. Oil and Gas Market Size US$ 90bn (16.5% of GDP) Contribution to over 30% treasury Employment 650,000 Energy requirement 35% served by sector
  • 8.
    • Domestic crude oil production 33.38 mn tonnes
    • Over 100 operating PSCs
    • CBM - 16 blocks awarded
    • Overseas E&P acreage in 9 countries
    • Recent foray in deepwater drilling
    Upstream
  • 9. Midstream
    • Product pipelines
    • Gas pipelines
    • City gas supply networks exist in 3 cities - to
    • expand to 72 cities
    • First LNG terminal (5 MMTPA) commissioned
    • First LNG ship commissioned
  • 10. Downstream
    • 10th largest refining capacity (2.28 mn bopd)
    • -- 18 refineries
    • Largest grassroots refinery (540,000 bopd)
    • and 7th largest refinery
    • L ongest LPG pipeline of 1270 kms
    • Existing outlets – Petro retail (19,800)
    • – LPG distributors (8,100)
    • – SKO dealers (6,500)
    • Construction of 3 refineries under progress
  • 11. Energy Consumption
  • 12. Oil and Gas
    • India - An Overview
    • Market and Growth Potential
    • Players
    • Opportunities
    • Contact in India
  • 13. Domestic Players ONGC Videsh Ltd Indian Oil Corporation Ltd (IOCL) Bharat Petroleum Corporation Ltd (BPCL) Hindustan Petroleum Corporation Ltd (HPCL) Reliance Industries Ltd (RIL) GAIL India Ltd Essar Oil Ltd
  • 14. Foreign Investments Shell LNG & Lubes (US$ 1 bn) BG Upstream & city gas distribution (US$ 1 bn) Cairn Energy Upstream (US$ 500 mn) Niko, Tullow Oil Upstream Total Underground LPG storage tanks Total, Bp, Lubes ExxonMobil, ChevronTexaco
  • 15. Foreign Interests
    • BP
    • Kuwait Petroleum Corporation
    • Saudi Aramco
    • Abu Dhabi National Oil Co
    • Petronas
    Foreign companies participating in acquisition opportunities (Over US$ 0.5 bn to US$ 1.5 bn)
  • 16. Oil and Gas
    • India - An Overview
    • Market and Growth Potential
    • Players
    • Opportunities
    • Contact in India
  • 17. Investment Potential
    • Next 5 years US$ 18-20 bn
    • Upstream sector US$ 13.05 bn
    • Downstream sector US$ 8.03 bn
    Next 25 years US$ 110 bn
  • 18. Business opportunities Upstream
    • NELP rounds
    • EOR projects (Estimated
    • investments US$ 3 bn)
    • Oil Field services (Committed
    • investments US$ 2.5 bn)
    • Deep Water drilling
    • Farm in Opportunities
    • Coal Bed Methane
    • Underground coal gasification
    • Gas hydrate
  • 19. Business Opportunities Midstream and downstream
    • Refineries (Upgradation)
    • Planned product pipelines -
    • 12,272km (US$ 5 bn)
    • New retail outlets planned
    • (US$ 7 bn)
    • New Terminals, depots & LPG
    • infrastructure
  • 20. Business Opportunities Midstream and downstream
    • Building strategic oil reserves
    • Planned gas distribution
    • pipeline – 14,915 kms (USD 7 bn)
    • City gas projects - 22 cities
  • 21. Business Opportunities JV & Cooperation
    • Indian Downstream companies are scouting for investment opportunities
    • Africa
    • CIS
    • Bangladesh
    • Srilanka
    • Nepal
    • SE Asia
  • 22. Policy Advantage
    • 100% FDI permitted under automatic approval route in
    • following sectors:
    • - petroleum product marketing
    • - petroleum product pipelines
    • - oil exploration in small & medium sized fields
    • 100% FDI permitted for natural gas / LNG pipelines
    • subject to approval from FIPB
    • LNG exempt from CVD / excise duty.
  • 23.
    • Key Features
    • A financial Special Purpose Vehicle (SPV) to be established to finance infrastructure projects.
    • Service tax on pipeline transmission at 10.2%
    • Crude oil customs duty reduced to 5%. Peak duty reduction on petroleum products to 10%.
    • Customs duty on coking coal cut from 15% to 5%.
    Union Budget 2005-06
  • 24. Evolving Regulatory Regime
    • New Exploration Licensing Policy (NELP)
    • -Entire value chain has been privatised
    • - E&P acreage offered under competitive bidding (since 1999)
    • - Decontrol of Oil sector since April 2002
    • Draft petroleum & natural gas policy released
    • Draft gas pipeline policy released
    • Common Carrier Pipeline Policy allows 2 or
    • more companies to use single pipeline
    • Indian Hydrocarbon Vision 2025
  • 25. Oil and Gas
    • India - An Overview
    • Market and Growth Potential
    • Players
    • Opportunities
    • Contact in India
  • 26. Contact in India Confederation of Indian Industry (CII) 249-F, Sector 18, Udyog Vihar Phase IV Gurgaon 122015 Tel 0091 124 5014060-67 Fax 0091 124 5014080/5013874 E mail v.raghuraman@ciionline.org