The oil and gas sector is a major industry in India, accounting for 6% of GDP. The government has implemented policies to increase investment and production in order to meet rising domestic demand. Key facts:
- India imports LNG and aims to increase domestic gas production significantly by 2040.
- Major players like ONGC and IOCL dominate upstream production and downstream refining and pipelines.
- The sector attracted over $6 billion in FDI from 2000-2016 and sees continued investments in expansion and new technologies.
- Government initiatives aim to further promote exploration, increase access to fuels, and train workers to support industry growth.
- RCF is a major fertilizer producer in India with two operating units in Mumbai and Raigad district of Maharashtra.
- It is pursuing several expansion projects to increase fertilizer production capacity, including a project to add 12.7 LMT urea capacity at Thal and setting up a 1.27 MMT urea plant in Ghana.
- It aims to have a turnover of Rs. 15,000 crore by the end of India's 12th five-year plan through capacity expansion, revamps, trading activities and new projects.
Oil and gas currently satisfy 55% of the world's energy needs and contributed the majority of energy production in 1971. While oil and gas production and consumption have increased significantly since then, their contribution to the total energy mix has decreased as other sources have grown. India is the fifth largest energy consumer and heavily dependent on imported oil, with domestic demand and production of both oil and gas projected to continue increasing substantially in the coming decades. Uncertainty around economic and environmental factors could impact future supply and demand for oil and gas globally.
Indian Oil & Gas Industry Presentation 010709Workosaur.com
The document provides a profile of the Indian oil and gas sector. It outlines the long history of oil and gas development in India dating back to the 19th century. It also discusses the significant sedimentary area and oil and gas reserves in India. The profile notes that while exploration has increased in recent years through policies like NELP, over 40% of India's sedimentary areas remain unexplored or poorly explored. It provides statistics on current annual crude oil and natural gas production. The refining capacity in India has also been growing steadily.
India's oil and gas sector is dominated by state-owned companies. India is the third largest energy consumer globally and its energy demand is expected to double by 2035. Oil consumption has expanded at a CAGR of 4.78% during 2007-2017 to reach 4.69 million barrels per day in 2017, with India retaining its spot as the third largest oil consumer. Gas consumption has increased at a CAGR of 3.40% between 2007-2017 and demand is projected to further rise significantly by 2040. Exports of petroleum products have also grown over the years, with India among the largest exporters of refinery products globally.
The document provides a sectorial analysis of the oil and gas industry in India. It discusses the industry's contribution to the Indian economy through employment, GDP contribution, and FDI inflows. It analyzes the competitive landscape and profiles the top companies in the sector. The summary also examines the government's current policies supporting the industry and outlines future prospects like planned investments to increase refining capacity and expand the national gas pipeline network.
The document summarizes investment opportunities in India's oil and gas sector. It notes that India is the 6th largest consumer of oil globally and imports over 60% of its needs. Several policies encourage 100% foreign investment in areas like natural gas and refineries. The sector attracted $5.13 billion between 2000-2014. Major companies like Reliance and ONGC are investing billions in exploration, drilling, and offshore projects. With demand projected to greatly outpace domestic supply, the document outlines opportunities in areas like shale gas, pipelines, refining and technology partnerships to boost upstream production.
- RCF is a major fertilizer producer in India with two operating units in Mumbai and Raigad district of Maharashtra.
- It is pursuing several expansion projects to increase fertilizer production capacity, including a project to add 12.7 LMT urea capacity at Thal and setting up a 1.27 MMT urea plant in Ghana.
- It aims to have a turnover of Rs. 15,000 crore by the end of India's 12th five-year plan through capacity expansion, revamps, trading activities and new projects.
Oil and gas currently satisfy 55% of the world's energy needs and contributed the majority of energy production in 1971. While oil and gas production and consumption have increased significantly since then, their contribution to the total energy mix has decreased as other sources have grown. India is the fifth largest energy consumer and heavily dependent on imported oil, with domestic demand and production of both oil and gas projected to continue increasing substantially in the coming decades. Uncertainty around economic and environmental factors could impact future supply and demand for oil and gas globally.
Indian Oil & Gas Industry Presentation 010709Workosaur.com
The document provides a profile of the Indian oil and gas sector. It outlines the long history of oil and gas development in India dating back to the 19th century. It also discusses the significant sedimentary area and oil and gas reserves in India. The profile notes that while exploration has increased in recent years through policies like NELP, over 40% of India's sedimentary areas remain unexplored or poorly explored. It provides statistics on current annual crude oil and natural gas production. The refining capacity in India has also been growing steadily.
India's oil and gas sector is dominated by state-owned companies. India is the third largest energy consumer globally and its energy demand is expected to double by 2035. Oil consumption has expanded at a CAGR of 4.78% during 2007-2017 to reach 4.69 million barrels per day in 2017, with India retaining its spot as the third largest oil consumer. Gas consumption has increased at a CAGR of 3.40% between 2007-2017 and demand is projected to further rise significantly by 2040. Exports of petroleum products have also grown over the years, with India among the largest exporters of refinery products globally.
The document provides a sectorial analysis of the oil and gas industry in India. It discusses the industry's contribution to the Indian economy through employment, GDP contribution, and FDI inflows. It analyzes the competitive landscape and profiles the top companies in the sector. The summary also examines the government's current policies supporting the industry and outlines future prospects like planned investments to increase refining capacity and expand the national gas pipeline network.
The document summarizes investment opportunities in India's oil and gas sector. It notes that India is the 6th largest consumer of oil globally and imports over 60% of its needs. Several policies encourage 100% foreign investment in areas like natural gas and refineries. The sector attracted $5.13 billion between 2000-2014. Major companies like Reliance and ONGC are investing billions in exploration, drilling, and offshore projects. With demand projected to greatly outpace domestic supply, the document outlines opportunities in areas like shale gas, pipelines, refining and technology partnerships to boost upstream production.
India is the second largest refiner in Asia and the fourth largest LNG importer globally. India's energy demand is projected to double by 2035, with oil and gas accounting for over one-third of total energy consumption. State-owned companies dominate India's oil and gas sector, however private companies have gained considerable market share in refining. Oil consumption has grown at a CAGR of 3% from 2008-2017 to reach 4.13 million barrels per day. Similarly, gas consumption has increased at a CAGR of 2.3% from 2007-2016 to 1,227 billion cubic meters. However, India remains reliant on imports for its oil requirement, with imports meeting 82% of demand in FY
The document provides an overview of the oil and gas industry in India. It discusses the industry's history and growth over time. It also describes the major companies operating in the industry and their market shares. Additionally, it covers government policies and regulations related to foreign investment, pricing, and regulatory bodies that oversee the industry. The industry is growing and sees increasing private investment and participation of global companies.
Activities in oil and gas industry,Top 10 oil and gas companies in India, contribution to India's GDP,oil supply and Demand in India, challenges for the oil and gas industry, Investment and FDI.
Petroleum products import export indian optionMuzahid Khan
This document summarizes India's petroleum product import and export situation. It outlines that India is a net exporter of refined petroleum products, exporting around 450 MMTPA while importing around 220 MMTPA. It also discusses India's growing refining capacity surplus, which is expected to reach 140 MMTPA by 2030. This surplus production positions India to potentially emerge as a major global refining hub to export products to Asia and other markets, able to leverage its coastal refineries, infrastructure, and cost competitiveness. The document examines India's opportunities and challenges in developing its refining industry further.
New base energy news issue 890 dated 21 july 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase Special 21 July 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• Third reactor vessel installed at UAE’s Barakah plant
• Saudi Aramco signs contracts for Fadhili gas project
• India continues developing its strategic petroleum reserve as its oil imports grow
• UK: Premier Oil spuds well on the Bagpuss Prospect in UKCS Blocks 13/24 & 25
• Malaysia:Drillship Deepsea Metro I starts drilling ops for Petronas
• Crude oil nudges up after ninth weekly stock drawdown in US
• Oil prices set to peak sooner than expected on supply shortage, Barclays says
• The Risk Oil Drillers Couldn’t Hedge Away
• Chevron inks LNG deal with China’s JOVO
• Chevron’s Gorgon LNG plant nearing restart
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
An Overview of Oil And Gas Industry In IndiaVARUN KESAVAN
The oil and gas sector is among the six core industries in India and plays a major role in influencing decision making for all the other important sections of the economy.
In 1997–98, the New Exploration Licensing Policy (NELP) was envisaged to fill the ever-increasing gap between India’s gas demand and supply. India’s economic growth is closely related to energy demand; therefore the need for oil and gas is projected to grow more, thereby making the sector quite conducive for investment.
The Government of India has adopted several policies to fulfil the increasing demand. The government has allowed 100 per cent Foreign Direct Investment (FDI) in many segments of the sector, including natural gas, petroleum products, and refineries, among others. Today, it attracts both domestic and foreign investment, as attested by the presence of Reliance Industries Ltd (RIL) and Cairn India.
Sponsor: Competition Commission of India New Delhi. January 2009
Team Members
Ashok Desai
Laveesh Bhandari
Ramrao Mundhe
Maj. General Bhupindra Yadav
Special Thanks to
Experts at the Competition Commission of India
Payal Malik
This paper is about the Indian petroleum refining industry. But this industry is extremely open; trade flows are large compared to production. And there is considerable overlap between oil production and refining internationally, and to some extent in India. So we begin with a brief discussion of the international petroleum industry and its components – refining being one of them.
Petroleum is extracted from underground reserves; then it is cracked or “refined” into end products for various uses. The petroleum industry thus has two parts: an oil exploration and production industry upstream and a refinery industry downstream. Most oil producers also own refineries. But the reverse is not true; a high proportion of oil is sold to refinery companies that do not produce crude oil.
Sedimentary rocks in which hydrocarbons are trapped often hold gas, sometimes in association with crude oil and sometimes alone. It consists mostly of methane, which is lighter than air and toxic. It therefore requires airtight tanks for storage and similarly leak-proof pipes or trucks for transport, which raise its capital costs. Associated gas was flared in early years of the industry; it is still flared at remote or minor wells where the cost of its collection and transport would be high, or often reinjected into the oilfield to maintain pressure which forces oil up to the surface. But where the quantities are large enough, natural gas is mined and traded. It is mainly used as an industrial, domestic and vehicular fuel.
Motor vehicles run almost exclusively on petrol and high-speed diesel oil, both fuels derived from mineral oil – although they can be modified to run on certain biofuels. Vehicles are so widely dispersed that they require an extensive distribution system for these two refinery products. As motor vehicle use has spread across the world, it has brought along with it petrol pumps, logistics, storage and supply of fuels. There is thus a third part of the petroleum industry downstream from refineries which distributes the products. It is owned by refineries in most countries. But this is not inevitable. Some countries have distribution chains that are independent of producers and refiners; and in countries which do not have refineries, distribution is undertaken by either local or foreign oil companies.
Oil has collected in pools and seeps for thousands of years. The Chinese are recorded as having extracted oil from wells 800 feet deep through bamboo pipes in 347; they used it to evaporate brine and make salt. American Indians used to put it to medicinal uses. Persians, Macedonians and Egyptians used tars to waterproof ships. Babylonians used asphalt in the eighth century to construct the city’s walls, towers and roads. But the easily available oil was not put to any mass use because the crude itself was not a good fuel; it gave out much soot and smoke. A distillation process using a retort was invented by Rhazes (Muhammad ibn Zakariya Razi) in Persia in the 9th century; liquid heated in it vapourized, passed through a curved spout and condensed in another container. The process could be used to make kerosene; but it was more often used to make alcohol and essence of flowers for perfume. It was a batch process, its fuel consumption was high, and it was not equally efficient at distilling kerosene from all crudes.
A more efficient and reliable distillation process came out of a series of inventions after 1846. The last invention was the invention of oil fractionation in 1854 by Benjamin Silliman, a professor of science in Yale. It used a vertical column which separated components more efficiently, and which could be used continuously.
Oil was first produced in Titusville,
Pakistan has a long history of petroleum exploration dating back over 100 years. Modern exploration began in the 1960s with discoveries like the Toot oil field. Currently, Pakistan produces around 98,000 barrels of oil per day and 4,500 million cubic feet of natural gas per day. Major oil and gas companies operating in Pakistan include state-owned OGDC and PPL as well as international companies like BP, ENI, and OMV. While domestic production is increasing, Pakistan remains a net importer of oil and gas and is seeking projects like the TAPI pipeline to boost gas imports. The downstream sector including refineries and marketing plays a key economic role in Pakistan.
The document provides information on the petroleum industry in Pakistan, including its history and current status. It discusses upstream industries such as exploration and production services companies like Schlumberger, Weatherford, and Halliburton. It also covers downstream industries such as marketing companies and refineries. Major operator companies active in Pakistan are also outlined, including their operations and production statistics. Challenges facing the petroleum industry in Pakistan are also summarized.
The Indian refinery industry has grown significantly over time. Refining capacity has increased from 62 MMTPA in 1998 to 215 MMTPA currently. Major challenges include crude oil sourcing, improving margins, and addressing environmental issues. The government has implemented policies to attract private investment and dismantle administrative pricing. Key players in the industry include Reliance, BPCL, HPCL, and Essar Oil. The industry is oligopolistic in nature.
Exploration and production policies Of Oil & Gas in NorwayAbhishek Rajvanshi
Exploration and production of oil and gas in Norway, laws related to E & P, Petroleum laws, lease licence for exploration,Tax regime, reserves and production data
New base issue 1191 special 28 july 2018 energy newsKhaled Al Awadi
Middle Eastern oil producers are investing heavily in downstream refining and petrochemical projects to secure markets for their crude oil and meet rising domestic demand for products. Major projects underway or planned by Saudi Aramco and ADNOC aim to make the Middle East the world's largest exporter of both crude oil and refined products. These investments will help the region adapt to changing global oil demand trends and gain market share, especially in Asia.
Tabreed, a district cooling company in the UAE, achieved energy savings of 1.2 billion kWh in 2013, equivalent to removing 110,000 cars from the roads. This included savings of 1 billion kWh in the UAE from its 60 district cooling plants. Tabreed provides cooling to major projects in the UAE and GCC countries and plays an important role in sustainable development.
Tabreed, a district cooling company in the UAE, achieved energy savings of 1.2 billion kWh in 2013, equivalent to removing 110,000 cars from the roads. This included savings of 1 billion kWh in the UAE and 200 million kWh in other GCC countries. Tabreed provides cooling to major projects in the UAE and GCC to enable economic and social development while lowering carbon emissions.
New base special 09 january 2014 khaled al awadiKhaled Al Awadi
Tabreed, a district cooling company in the UAE, achieved energy savings of 1.2 billion kWh in 2013, equivalent to removing 110,000 cars from the roads. This included savings of 1 billion kWh in the UAE alone from Tabreed's 60 district cooling plants. Cooling accounts for around half of total energy consumption in the GCC region, making energy efficient solutions vital for meeting growing cooling demands while lowering environmental impact.
This document provides an overview of the Infraline Energy knowledge base on the oil and natural gas sector in India. It includes detailed coverage of upstream and downstream activities, natural gas and LNG, prices, demand and supply, maps, the regulatory framework, taxes and duties, and presentations. The knowledge base provides daily newsletters, a comprehensive library that is frequently updated, analytical articles, market intelligence, reports, and books. It offers in-depth information on topics such as exploration and production, company profiles, pipelines, reserves, refineries, petroleum products, and policies.
The document discusses opportunities in India's oil and gas sector. It notes that India is the world's fourth largest energy consumer and its oil and gas industry is expected to be worth $139.8 billion by 2015. Several major investments in the sector are mentioned, including ONGC acquiring exploration blocks in Vietnam and IOCL acquiring stakes in Canadian natural gas reserves. The document also outlines the major players in India's oil and gas industry and highlights seven key opportunities, such as developing new pipelines, participating in transnational pipeline projects, and providing coating systems for existing pipelines.
The oil and gas sector in India provides significant opportunities for investment and is expected to be worth $139 billion by 2015. To meet growing demand, the government allows 100% foreign investment in many segments. Major opportunities include developing new gas and crude oil pipelines, pipeline coatings, new petrochemical plants and refineries, equity participation in petrochemical projects, and developing new LNG terminals. The document outlines various sub-sectors and key players in India's large oil and gas industry.
The oil and gas sector in India is expected to be worth $139 billion by 2015 and represents a major investment opportunity. India is the sixth largest consumer of oil globally and relies on imports for over 60% of its oil needs. Several government policies encourage investment in the sector, including allowing 100% foreign ownership. Potential areas for investment include developing India's shale gas resources, underground coal gasification, and providing equipment and services for oil and gas exploration and production.
The document discusses India's oil and gas industry. It covers key topics like market size, investments, government initiatives, future outlook, and challenges. Some of the main points are:
- India's oil and gas sector plays a major role in the economy and energy demand is projected to double by 2040. The government allows 100% FDI and various policies to boost investment.
- Major players make large investments to increase capacity and diversify into renewable energy. The government aims to boost domestic production, expand infrastructure, and provide more LPG connections.
- India's energy demand is expected to grow rapidly due to economic growth. Oil consumption could reach 10 million barrels per day by 2030 and natural gas use
India is the second largest refiner in Asia and the fourth largest LNG importer globally. India's energy demand is projected to double by 2035, with oil and gas accounting for over one-third of total energy consumption. State-owned companies dominate India's oil and gas sector, however private companies have gained considerable market share in refining. Oil consumption has grown at a CAGR of 3% from 2008-2017 to reach 4.13 million barrels per day. Similarly, gas consumption has increased at a CAGR of 2.3% from 2007-2016 to 1,227 billion cubic meters. However, India remains reliant on imports for its oil requirement, with imports meeting 82% of demand in FY
The document provides an overview of the oil and gas industry in India. It discusses the industry's history and growth over time. It also describes the major companies operating in the industry and their market shares. Additionally, it covers government policies and regulations related to foreign investment, pricing, and regulatory bodies that oversee the industry. The industry is growing and sees increasing private investment and participation of global companies.
Activities in oil and gas industry,Top 10 oil and gas companies in India, contribution to India's GDP,oil supply and Demand in India, challenges for the oil and gas industry, Investment and FDI.
Petroleum products import export indian optionMuzahid Khan
This document summarizes India's petroleum product import and export situation. It outlines that India is a net exporter of refined petroleum products, exporting around 450 MMTPA while importing around 220 MMTPA. It also discusses India's growing refining capacity surplus, which is expected to reach 140 MMTPA by 2030. This surplus production positions India to potentially emerge as a major global refining hub to export products to Asia and other markets, able to leverage its coastal refineries, infrastructure, and cost competitiveness. The document examines India's opportunities and challenges in developing its refining industry further.
New base energy news issue 890 dated 21 july 2016Khaled Al Awadi
Greetings,
Attached FYI (NewBase Special 21 July 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• Third reactor vessel installed at UAE’s Barakah plant
• Saudi Aramco signs contracts for Fadhili gas project
• India continues developing its strategic petroleum reserve as its oil imports grow
• UK: Premier Oil spuds well on the Bagpuss Prospect in UKCS Blocks 13/24 & 25
• Malaysia:Drillship Deepsea Metro I starts drilling ops for Petronas
• Crude oil nudges up after ninth weekly stock drawdown in US
• Oil prices set to peak sooner than expected on supply shortage, Barclays says
• The Risk Oil Drillers Couldn’t Hedge Away
• Chevron inks LNG deal with China’s JOVO
• Chevron’s Gorgon LNG plant nearing restart
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
An Overview of Oil And Gas Industry In IndiaVARUN KESAVAN
The oil and gas sector is among the six core industries in India and plays a major role in influencing decision making for all the other important sections of the economy.
In 1997–98, the New Exploration Licensing Policy (NELP) was envisaged to fill the ever-increasing gap between India’s gas demand and supply. India’s economic growth is closely related to energy demand; therefore the need for oil and gas is projected to grow more, thereby making the sector quite conducive for investment.
The Government of India has adopted several policies to fulfil the increasing demand. The government has allowed 100 per cent Foreign Direct Investment (FDI) in many segments of the sector, including natural gas, petroleum products, and refineries, among others. Today, it attracts both domestic and foreign investment, as attested by the presence of Reliance Industries Ltd (RIL) and Cairn India.
Sponsor: Competition Commission of India New Delhi. January 2009
Team Members
Ashok Desai
Laveesh Bhandari
Ramrao Mundhe
Maj. General Bhupindra Yadav
Special Thanks to
Experts at the Competition Commission of India
Payal Malik
This paper is about the Indian petroleum refining industry. But this industry is extremely open; trade flows are large compared to production. And there is considerable overlap between oil production and refining internationally, and to some extent in India. So we begin with a brief discussion of the international petroleum industry and its components – refining being one of them.
Petroleum is extracted from underground reserves; then it is cracked or “refined” into end products for various uses. The petroleum industry thus has two parts: an oil exploration and production industry upstream and a refinery industry downstream. Most oil producers also own refineries. But the reverse is not true; a high proportion of oil is sold to refinery companies that do not produce crude oil.
Sedimentary rocks in which hydrocarbons are trapped often hold gas, sometimes in association with crude oil and sometimes alone. It consists mostly of methane, which is lighter than air and toxic. It therefore requires airtight tanks for storage and similarly leak-proof pipes or trucks for transport, which raise its capital costs. Associated gas was flared in early years of the industry; it is still flared at remote or minor wells where the cost of its collection and transport would be high, or often reinjected into the oilfield to maintain pressure which forces oil up to the surface. But where the quantities are large enough, natural gas is mined and traded. It is mainly used as an industrial, domestic and vehicular fuel.
Motor vehicles run almost exclusively on petrol and high-speed diesel oil, both fuels derived from mineral oil – although they can be modified to run on certain biofuels. Vehicles are so widely dispersed that they require an extensive distribution system for these two refinery products. As motor vehicle use has spread across the world, it has brought along with it petrol pumps, logistics, storage and supply of fuels. There is thus a third part of the petroleum industry downstream from refineries which distributes the products. It is owned by refineries in most countries. But this is not inevitable. Some countries have distribution chains that are independent of producers and refiners; and in countries which do not have refineries, distribution is undertaken by either local or foreign oil companies.
Oil has collected in pools and seeps for thousands of years. The Chinese are recorded as having extracted oil from wells 800 feet deep through bamboo pipes in 347; they used it to evaporate brine and make salt. American Indians used to put it to medicinal uses. Persians, Macedonians and Egyptians used tars to waterproof ships. Babylonians used asphalt in the eighth century to construct the city’s walls, towers and roads. But the easily available oil was not put to any mass use because the crude itself was not a good fuel; it gave out much soot and smoke. A distillation process using a retort was invented by Rhazes (Muhammad ibn Zakariya Razi) in Persia in the 9th century; liquid heated in it vapourized, passed through a curved spout and condensed in another container. The process could be used to make kerosene; but it was more often used to make alcohol and essence of flowers for perfume. It was a batch process, its fuel consumption was high, and it was not equally efficient at distilling kerosene from all crudes.
A more efficient and reliable distillation process came out of a series of inventions after 1846. The last invention was the invention of oil fractionation in 1854 by Benjamin Silliman, a professor of science in Yale. It used a vertical column which separated components more efficiently, and which could be used continuously.
Oil was first produced in Titusville,
Pakistan has a long history of petroleum exploration dating back over 100 years. Modern exploration began in the 1960s with discoveries like the Toot oil field. Currently, Pakistan produces around 98,000 barrels of oil per day and 4,500 million cubic feet of natural gas per day. Major oil and gas companies operating in Pakistan include state-owned OGDC and PPL as well as international companies like BP, ENI, and OMV. While domestic production is increasing, Pakistan remains a net importer of oil and gas and is seeking projects like the TAPI pipeline to boost gas imports. The downstream sector including refineries and marketing plays a key economic role in Pakistan.
The document provides information on the petroleum industry in Pakistan, including its history and current status. It discusses upstream industries such as exploration and production services companies like Schlumberger, Weatherford, and Halliburton. It also covers downstream industries such as marketing companies and refineries. Major operator companies active in Pakistan are also outlined, including their operations and production statistics. Challenges facing the petroleum industry in Pakistan are also summarized.
The Indian refinery industry has grown significantly over time. Refining capacity has increased from 62 MMTPA in 1998 to 215 MMTPA currently. Major challenges include crude oil sourcing, improving margins, and addressing environmental issues. The government has implemented policies to attract private investment and dismantle administrative pricing. Key players in the industry include Reliance, BPCL, HPCL, and Essar Oil. The industry is oligopolistic in nature.
Exploration and production policies Of Oil & Gas in NorwayAbhishek Rajvanshi
Exploration and production of oil and gas in Norway, laws related to E & P, Petroleum laws, lease licence for exploration,Tax regime, reserves and production data
New base issue 1191 special 28 july 2018 energy newsKhaled Al Awadi
Middle Eastern oil producers are investing heavily in downstream refining and petrochemical projects to secure markets for their crude oil and meet rising domestic demand for products. Major projects underway or planned by Saudi Aramco and ADNOC aim to make the Middle East the world's largest exporter of both crude oil and refined products. These investments will help the region adapt to changing global oil demand trends and gain market share, especially in Asia.
Tabreed, a district cooling company in the UAE, achieved energy savings of 1.2 billion kWh in 2013, equivalent to removing 110,000 cars from the roads. This included savings of 1 billion kWh in the UAE from its 60 district cooling plants. Tabreed provides cooling to major projects in the UAE and GCC countries and plays an important role in sustainable development.
Tabreed, a district cooling company in the UAE, achieved energy savings of 1.2 billion kWh in 2013, equivalent to removing 110,000 cars from the roads. This included savings of 1 billion kWh in the UAE and 200 million kWh in other GCC countries. Tabreed provides cooling to major projects in the UAE and GCC to enable economic and social development while lowering carbon emissions.
New base special 09 january 2014 khaled al awadiKhaled Al Awadi
Tabreed, a district cooling company in the UAE, achieved energy savings of 1.2 billion kWh in 2013, equivalent to removing 110,000 cars from the roads. This included savings of 1 billion kWh in the UAE alone from Tabreed's 60 district cooling plants. Cooling accounts for around half of total energy consumption in the GCC region, making energy efficient solutions vital for meeting growing cooling demands while lowering environmental impact.
This document provides an overview of the Infraline Energy knowledge base on the oil and natural gas sector in India. It includes detailed coverage of upstream and downstream activities, natural gas and LNG, prices, demand and supply, maps, the regulatory framework, taxes and duties, and presentations. The knowledge base provides daily newsletters, a comprehensive library that is frequently updated, analytical articles, market intelligence, reports, and books. It offers in-depth information on topics such as exploration and production, company profiles, pipelines, reserves, refineries, petroleum products, and policies.
The document discusses opportunities in India's oil and gas sector. It notes that India is the world's fourth largest energy consumer and its oil and gas industry is expected to be worth $139.8 billion by 2015. Several major investments in the sector are mentioned, including ONGC acquiring exploration blocks in Vietnam and IOCL acquiring stakes in Canadian natural gas reserves. The document also outlines the major players in India's oil and gas industry and highlights seven key opportunities, such as developing new pipelines, participating in transnational pipeline projects, and providing coating systems for existing pipelines.
The oil and gas sector in India provides significant opportunities for investment and is expected to be worth $139 billion by 2015. To meet growing demand, the government allows 100% foreign investment in many segments. Major opportunities include developing new gas and crude oil pipelines, pipeline coatings, new petrochemical plants and refineries, equity participation in petrochemical projects, and developing new LNG terminals. The document outlines various sub-sectors and key players in India's large oil and gas industry.
The oil and gas sector in India is expected to be worth $139 billion by 2015 and represents a major investment opportunity. India is the sixth largest consumer of oil globally and relies on imports for over 60% of its oil needs. Several government policies encourage investment in the sector, including allowing 100% foreign ownership. Potential areas for investment include developing India's shale gas resources, underground coal gasification, and providing equipment and services for oil and gas exploration and production.
The document discusses India's oil and gas industry. It covers key topics like market size, investments, government initiatives, future outlook, and challenges. Some of the main points are:
- India's oil and gas sector plays a major role in the economy and energy demand is projected to double by 2040. The government allows 100% FDI and various policies to boost investment.
- Major players make large investments to increase capacity and diversify into renewable energy. The government aims to boost domestic production, expand infrastructure, and provide more LPG connections.
- India's energy demand is expected to grow rapidly due to economic growth. Oil consumption could reach 10 million barrels per day by 2030 and natural gas use
The document provides an overview of India's oil and gas sector. Some key points:
- India is the third largest energy consumer globally and its energy demand is expected to nearly double by 2040.
- State-owned companies dominate India's oil and gas sector, controlling the majority of oil production, refining capacity, and pipelines.
- Oil demand in India is projected to double by 2045 while natural gas demand is expected to grow by 25 billion cubic meters by 2024.
- The government has introduced policies to boost private sector participation and increase domestic oil and gas production to meet rising energy needs.
ONGC is an Indian state-owned oil and gas company that produces around 77% of India's crude oil and 81% of its natural gas. It has significant infrastructure including over 15,000 km of pipelines. ONGC focuses on exploring for and producing oil and gas both domestically and through international subsidiaries. It aims to increase oil and gas production capacity to meet India's growing demand and reduce reliance on imports.
June 2014 Edition of BEACON, A Monthly Newsletter by SIMCON.
Inside this issue:
INDUSTRY ANALYSIS : Oil & Gas Industry
COMPANY ANALYSIS : HPCL
Concept of the Month
Quiz
Did You Know?
- India is the third largest energy consumer in the world and oil and gas account for 35.61% of total energy consumption. State-owned companies dominate the oil and gas sector in India.
- Oil consumption has grown at a CAGR of 2.98% from 2008-2017 to reach 4.43 million barrels per day. India relies heavily on oil imports which are expected to further increase.
- Gas consumption has increased at a CAGR of 2.44% from 2007-2016 to reach 50.7 billion cubic meters. India is increasing LNG imports to meet its growing gas demand.
The document provides an overview of India's oil and gas sector. Some key points:
- India is the third largest energy consumer in the world and its energy demand is expected to double by 2035.
- State-owned companies dominate India's oil and gas sector, with ONGC being the largest player in upstream exploration and production.
- Oil consumption in India has grown at a CAGR of 4.78% from 2007-2017 to reach 4.69 mbpd, and demand is projected to further increase dependency on imports.
- Gas consumption has increased at a CAGR of 3.40% from 2007-2017 to reach 54.20 bcm, and demand is expected to reach
The document provides an analysis of the oil and natural gas sector in India, with a focus on Oil and Natural Gas Corporation Limited (ONGC). Some key points:
- ONGC is India's largest oil and gas exploration and production company, producing around 77% of India's crude oil and 81% of its natural gas.
- The document discusses the growth and performance of India's oil and gas industry. Demand for oil and gas is rising in India as the economy grows rapidly.
- A SWOT analysis of ONGC identifies strengths like state ownership and infrastructure, but also weaknesses such as aging reservoirs and changing government policies.
- Financial analysis shows ONGC has had strong profits and returns in
IOCL acquiring Govt share in GAIL
Oil and Gas Sector in India
Natural Gas consumption in India
Reasons for Acquisition
Indian oil company limited
Ratios
shareholding profile Gail
empire building theory
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future outlook
The document provides an overview of the Indian oil and gas industry. It states that the industry is estimated at $110 billion and contributes significantly to India's GDP and government revenues. It notes that demand is outpacing supply and outlines various government initiatives and policies to boost exploration and attract investment. The document also highlights business opportunities for both domestic and foreign players across the upstream, midstream and downstream segments of the industry.
India remains the third largest energy consumer globally. Crude oil production in India stood at 35.68 million tonnes in 2017-18, with state-owned ONGC accounting for around 58% of output. Natural gas consumption has increased at a CAGR of 3.4% between 2007-2017 to reach 54.2 billion cubic metres. Demand for gas is projected to reach 143 bcm by 2040, with imports projected to double over the next five years.
The document provides information on India's oil and gas sector. Some key points:
- India is the world's fourth largest energy consumer and fourth largest oil consumer. Oil consumption is expected to reach 4.0 million barrels per day by 2016.
- State-owned companies dominate the oil and gas sector in India. ONGC is the largest player in upstream exploration and production. IOC controls over 10 refineries and a large pipeline network.
- India relies heavily on oil and gas imports to meet domestic demand. However, domestic crude oil production has been increasing in recent years supported by new oil fields coming online.
The document provides information on India's oil and gas sector, including:
- India is the 4th largest energy consumer in the world and its energy demand is expected to double by 2035. It is also the 4th largest importer of LNG and consumer of oil and petroleum products.
- State-owned companies dominate India's oil and gas sector, with ONGC being the largest player in upstream exploration and production. Private companies have a growing role in refining.
- Demand for oil and gas is driven by India's strong economic growth and rising income levels. Oil consumption has increased at a CAGR of 4.79% between 2008-2016 while gas consumption is forecast to rise at
Currently the stock is trading at a P/E multiple of 13.9x & EV/ EBITDA of 6.8x FY16E earnings and P/BV of 2.8x FY16E BV. Investors are recommended to buy the stock for a price target of Rs319, implying an upside of 30% from the current levels.
India is the second largest refiner in Asia and the fourth largest LNG importer globally. It is also the world's fourth largest energy consumer. India's oil consumption has grown at a CAGR of 2.98% between 2008-2017 to reach 4.13 million barrels per day. Similarly, gas consumption has increased over 160% since 1995. State-owned companies dominate India's oil and gas sector, with ONGC being the largest upstream firm. While domestic production meets over three-quarters of gas demand, LNG imports have grown at 8.92% annually. Strong economic growth is expected to further increase India's energy needs in the coming decades.
- India is the second largest refiner of oil in Asia with a refining capacity of 247.6 million tonnes as of September 2018. Private companies own about 35.62% of India's total refining capacity.
- India's oil production reached 35.68 million tonnes in 2017-18 and had proven oil reserves of 600 million tonnes as of 2017. State-owned ONGC dominates oil production, accounting for 58.26% of India's total output in FY18.
- India's gas production was 31.83 billion cubic metres in FY18 and had proven gas reserves of 1.2 trillion cubic metres at the end of 2017. ONGC also dominates gas production
The document provides an overview of India's oil and gas market with the following key points:
1) India is the second largest refiner of oil in Asia and the fourth largest LNG importer globally. Private companies own about 35% of India's total refining capacity.
2) India's energy demand is projected to double by 2035, increasing its share of global energy consumption. Consumption of petroleum products grew over 5% in 2017-18.
3) State-owned companies dominate India's upstream, midstream, and downstream oil and gas segments. ONGC is the largest producer, while IOCL controls over 30% of the country's pipeline network and largest refining capacity.
The document provides information on India's oil and gas sector, including:
- India is the world's fourth largest energy consumer and fourth largest oil consumer. Its energy demand is projected to double by 2035.
- State-owned companies dominate the oil and gas sector in India. ONGC is the largest player in upstream exploration and production. Indian Oil is a major player in refining and transportation.
- Oil consumption in India is estimated to reach 4.0 million barrels per day by 2016, growing at a CAGR of 3.3% from 2008-2016. However, India relies heavily on oil imports, which accounted for over 80% of demand in fiscal year 2014.
- D
The document provides information on India's oil and gas sector:
- India is the world's fourth largest energy consumer and fourth largest LNG importer. It is also the second largest refiner in Asia.
- Demand for energy in India is projected to nearly triple by 2035 due to rapid economic and population growth.
- State-owned companies dominate upstream exploration and production as well as midstream transportation, however private companies have a growing role in refining and marketing.
- India relies heavily on imports to meet its oil demand but is taking steps to increase domestic production.
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An overview OIl & Gas industry in india i by nortech trinity
1. Oil & Gas 2016
Nortech Trinity India
Private Limited
Oil & Gas Industry - An Overview
2. Indian Oil & Gas Industry
Introduction
The oil and gas sector is among the six core industries in India and plays a major role in influencing
decision making for all the other important sections of the economy.
In 1997–98, the New Exploration Licensing Policy (NELP) was envisaged to fill the ever-increasing
gap between India’s gas demand and supply. A recent report points out that the Indian oil and
gas industry is anticipated to be worth US$ 139.8 billion by 2015. India’s economic growth is
closely related to energy demand; therefore the need for oil and gas is projected to grow more,
thereby making the sector quite conducive for investment.
The Government of India has adopted several policies to fulfil the increasing demand. The
government has allowed 100 per cent Foreign Direct Investment (FDI) in many segments of the
sector, including natural gas, petroleum products, and refineries, among others. Today, it attracts
both domestic and foreign investment, as attested by the presence of Reliance Industries Ltd
(RIL) and Cairn India.
Market Size
Backed by new oil fields, domestic oil output is anticipated to grow to 1 MBPD by FY16. With
India developing gas-fired power stations, consumption is up more than 160 per cent since 1995.
Gas consumption is likely to expand at a Compound Annual Growth Rate(CAGR) of 21 per cent
during FY08–17. Presently, domestic production accounts for more than three-quarters of the
country’s total gas consumption.
India is the fifth-largest Liquefied Natural Gas (LNG) importer after Japan, South Korea, the United
Kingdom and Spain and accounts for 5.5 percent of the total global trade.The LNG imports had
increased by 43.38 per cent year-on-year in May 2016 to 2.08 Billion Cubic Metres
(BCM).Domestic LNG demand is expected to grow at a CAGR of 16.89 per cent to 306.54 Million
Metric Standard Cubic Meter per Day (MMSCMD) by 2021 from 64 MMSCMD in 2015.
The country's gas production is expected to touch 90 Billion Cubic Metres (BCM) in 2040 from 35
BCM in 2013. Gas pipeline infrastructure in the country stood at 15,808 km in December 2015.
3. State-owned Oil and Natural Gas Corporation (ONGC) dominates the upstream segment
(exploration and production), accounting for approximately 68 per cent of the country’s total oil
output (FY14).
Indian Oil Corporation Limited (IOCL) operates 11,214 km network of crude, gas and product
pipelines, with a capacity of 1.6 MBPD of oil and 10 MMSCMD of gas. This is around 30 per cent
of the nation’s total pipeline network. IOCL is the largest company, operating 10 out of 22 Indian
refineries, with a combined capacity of 1.3 MBPD.
Investment
According to data released by the Department of Industrial Policy and Promotion (DIPP), the
petroleum and natural gas sector attracted FDI worth US$ 6.67 billion between April 2000 and
March 2016.
Following are some of the major investments and developments in the oil and gas sector:
Heraeus, one of the world’s largest recyclers of reforming catalyst, has opened a new facility at
Udaipur which will allow companies to benefit from less transport costs, easier file processing,
faster recycling times, better transparency and overall improved costing for catalyst recycling in
the country.
Honeywell International Inc, the US-based technology and manufacturing solutions provider,
has unveiled a new refining technology in Gurgaon, which will be dedicated to helping Indian
refiners get more clean transportation fuel, reduce imports of crude oil and produce
environmentally preferable diesel fuels.
Royal Dutch Shell Plc, which has already invested US$ 1 billion in India, has planned further
investments in upstream and downstream segments of oil and gas sector, and is also doubling
its employee base at its Shell Technology Centre Bangalore (STCB).
India and Iran have signed agreements related to crude oil imports, petrochemical complexes
and gas field development, in addition to India committing to invest US$ 20 billion in the port of
Chabahar in Southeastern Iran.
Kolkata-based Dhunseri Petrochem Limited and Thailand's Indorama Ventures Public Company
Limited have agreed to enter into an equal joint venture to manufacture and sell polyethylene
terephthalate (PET) resins for Indian market.
State-run Indian Oil Corporation Ltd (IOCL) plans to invest Rs 34,000 crore (US$ 5.04 billion) on
a petrochemical complex at Paradeep in the state of Odisha, which is expected to be
commissioned by 2021.
4. Petrogas Pvt Ltd, a joint venture of Isomeric Holdings bhd of Malaysia and LEPL Venture Pvt Ltd
of India, will collaborate with Krishnapatnam Port Co Ltd and the Government of Andhra
Pradesh, to set up a liquefied natural gas (LNG) regassification and floating storage terminal at
Krishnapatnam Port in Nellore district with an investment of around Rs 3,000 crore (US$ 444.72
million).
India's consumption of petroleum products which include domestic and industrial fuels like
petrol, diesel, cooking gas, kerosene, naphtha, etc., rose 17.7 per cent to 15.2 million tonne (MT)
in October 2015 from 12.9 MT in October 2014, as per Petroleum Planning and Analysis Cell
(PPAC) data. The increase in consumption can be mainly attributed to India's high economic
growth, low fuel prices, festival season demand.
Essar Projects, the engineering, procurement & construction (EPC) arm of Essar Group, in a joint
venture with Italy’s Saipem has won a US$ 1.57 billion contract from Kuwait National Petroleum
Company (KNPC) for setting up part of the Al-Zour Refinery Project in Kuwait.
ONGC Videsh Ltd (OVL), the foreign arm of state-owned petroleum explorer Oil and Natural Gas
Corporation (ONGC), has planned to acquire up to 15 per cent stake in CSJC Vankorneft, which
owns Russia's second-largest oil and gas field.
Kirloskar Oil Engines Ltd (KOEL) and MTU Friedrichshafen, GmbH signed a memorandum of
understanding (MoU) towards exclusive cooperation on the building and commissioning of
emergency diesel gensets (EDG).
CDP Bharat Forge GmbH acquired 100 per cent equity shares of Mécanique Générale Langroise
(MGL) for € 11.8 million (US$ 12.91 million) to consolidate Bharat Forge’s position in the oil and
gas sector by enhancing service offerings and geographical reach.
Technip won a € 100 million (US$ 109.37 million) contract from ONGC to build an onshore oil
and gas terminal in Andhra Pradesh.
RIL and Mexican state-owned company Petroleos Mexicanos (Pemex) entered into a
memorandum of understanding (MoU) for cooperation in the oil and gas sector.
GAIL Global USA LNG LLC (GGULL) signed an agreement with the US-based WGL Midstream Inc
to source gas required to produce 2.5 MT of liquefied natural gas (LNG) a year at the Cove Point
Terminal in Maryland, US.
5. Russian oil major Rosneft and the Essar Group have entered into a contract for Rosneft to buy
49 per cent stake in Essar’s Vadinar refinery and supply 100 million tonnes of oil to Essar for the
next 10 years.
Essel Group Middle East plans to acquire 60 per cent participating interest in the African oil and
gas exploration projects of a Canadian publicly traded oil and gas company, Simba Energy Inc.
IOCL targets to increase the capacity of its Panipat refinery by 34 per cent, to 20.2 million tonnes
by 2020 through an investment of US$ 2.38 billion. IOC also plans to increase capacity of Koyali
and Mathura refineries.
Government Initiatives
Some of the major initiatives taken by the Government of India to promote oil and gas sector
are:
The Union Cabinet has approved the National Mineral Exploration Policy (NMEP), which will
pave the way for auction of 100 prospective mineral blocks to attract private sector in
exploration, besides involving state-run agencies.
The government has launched a pilot programme, aimed at introducing compressed natural gas
(CNG) as fuel for two-wheelers.
The Ministry of Petroleum and Natural Gas is seeking to enhance India's crude oil refining
capacity through 2040 by setting up a high-level panel, which will work towards aligning India's
energy portfolio with changing trends and transition towards cleaner sources of energy
generation.
The Ministry of New and Renewable Energy (MNRE) plans to launch an integrated bio energy
mission with an investment of Rs 10,000 crore (US$ 1.48 billion) from FY 2017-18 to FY 2021-22,
aimed at enhancing the use of bio-fuels like ethanol and biogas and reducing consumption of
fossil fuels.
The Hydrocarbon Sector Skill Council (HSSC), which was set up by the Government of India under
its Skill India initiative, plans to train over 1.9 million people in the oil and gas sector over the
next 10 years, to cater to the rising skill needs of the industry.
The Union Cabinet has allowed state-owned oil firms to evolve their own crude oil import
policies which involve freedom to choose source companies as well as pricing for their crude oil
imports, thus allowing them to compete in the market effectively.
6. In a major drive to enhance the petroleum and hydrocarbon sector, Government of India has
introduced initiatives like the Hydrocarbon Exploration Licensing Policy (HELP), Marketing and
Pricing freedom for new gas production, grant of extension to the Production Sharing Contracts
and assigning the Ratna offshore field award to Oil and Natural Gas Corporation (ONGC) for
development.
Mr Dharmendra Pradhan, Minister of State (Independent Charge) for Petroleum and Natural Gas
has released the Hydrocarbon Vision 2030 for North East India, with the objective of leveraging
the north-eastern region’s hydrocarbon potential, enhance access to clean fuels, improve
availability of petroleum products, facilitate economic development and to involve local
population in the economic activities in this sector.
The Government of India plans to incentivise gas production from deep-water, ultra deep-water
and high pressure-high temperature areas which are presently not exploited on account of
higher cost and risk, and also to augment the investment in nuclear power generation in the
next 15 to 20 years.
The Government of India is in the process of identifying at least 50 potential blocks of 100 sq km
and above to be given to companies for bringing private investment in the mineral exploration
sector. The Ministry of Petroleum and Natural Gas has put up for comments a draft policy, to
opt for revenue-sharing model while auctioning future oil and gas blocks for exploration to
private companies, compared to production-sharing mode earlier, in order to make the process
more transparent and market-oriented.
The Ministry of Petroleum and Natural Gas has announced a new 'Marginal Fields Policy', which
aims to bring into production 69 marginal oil and gas fields with 89 million tonnes or Rs 75,000
crore (US$ 11.12 billion) worth of reserves, by offering various incentives to oil and gas explorers
such as exemption from payment of oil cess and customs duty on machinery and equipment.
Government of India entered into bilateral discussion with Norway to extend co-operation
between the two countries in the field of oil and natural gas and hydrocarbon exploration.
To strengthen the country`s energy security, oil diplomacy initiatives have been intensified
through meaningful engagements with hydrocarbon rich countries.
PAHAL - Direct Benefit Transfer for LPG consumer (DBTL) scheme launched in 54 districts on
November 11, 2014 and expanded to rest of the country on January 1, 2015 will cover 15.3 crore
active LPG consumers of the country.
24 x 7 LPG service via web launched to provide LPG consumers an integrated solution to carry
out all services at one place, through MyLPG.in, from the comfort of their home.
The Government of India launched the 'Give It Up' campaign on LPG subsidy that helped it save
Rs 140 crore (US$ 20.75 million) as on July 22, 2015 with nearly 1.26 million Indians registering
7. for the cause. As per recent statistics from oil ministry, as many as 30,000 to 40,000 households
are giving up LPG subsidy each day.
As part of the special dispensation for North East Region, for incentivising exploration and
production in North East Region, 40 per cent subsidy on gas price has been extended to private
companies operating in the region, along with ONGC and OIL.
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Mr Narendra
Modi, has approved a mechanism for procurement of Ethanol by Public Sector Oil Marketing
Companies (OMCs) to carry out the Ethanol Blended Petrol (EBP) Program.
Road Ahead
By 2015-16, India’s demand for gas may touch 124 MTPA against a domestic supply of 33 MTPA
and higher imports of 47.2 MTPA, leaving a shortage of 44 MTPA, as per projections by the
Petroleum and Natural Gas Ministry of India. Business Monitor International (BMI) predicts that
India would account for 12.4 per cent of Asia-Pacific regional oil demand by 2015.
8. NOTICE:
This document (the “Information Teaser”) is only intended to give general information regarding an “An Overview
on Indian Oil & Gas Industry 2016 & India Entry Strategy” or “the Transaction” and Nortech Trinity India Private Ltd.
(“the company”), and does not purport to contain all information that may be required to evaluate any possible
transaction and is not intended to form the basis of any investment decision to acquire any part (or all) of the
Company. This document cannot be construed as a recommendation, an offer or an invitation to make an offer to
acquire any interest or participation in the Company or to enter into any type of contract under any jurisdiction.
Recipients of this document should ensure that they comply with all relevant legislation and rules that may be
applicable to them. This document has been prepared by Nortech Trinity India Private Limited (“the Advisors”)
together with the management of the Company. The content of this document is not verified by the Advisors or the
Company. The Advisors and the Company accept no liability or responsibility whatsoever for the contents, accuracy
or completeness of this document (including any statements with respect to projections or prospects of the deal and
related assumptions) or for infringement by any recipients of this document of legislation of any nature whatsoever.
This document is incomplete without reference to and should be viewed solely in conjunction with, any oral briefing
provided by the Advisors. It reflects prevailing conditions and our initial views as of this date which we reserve the
right to change. The Advisors are not and shall not be obliged to update or correct any information set out in this
document. This document is for the exclusive use of each person to whom it is addressed and their advisers, and is
being supplied on a confidential basis solely and may not be reproduced or further distributed to any other person
or publication in whole or in part for any purpose. The contents and information of this document and the document
itself are proprietary of the Company and may not be relied upon by or disclosed to any third persons, companies,
enterprises or institutions or used for any other purpose than in connection with the considering of the proposed
Deal. The issue of this document shall not be taken as any form of commitment on the part of the Company and it
reserves the right without advance notice, not to accept any proposal, nor to proceed with any transaction and to
terminate communications, conversations, or negotiations at any time prior to the signing of any other document
or agreement, without liability to any selected potential interested party or third party for any costs incurred in
submitting a proposal or otherwise. The information set out in this document will not form the basis of any contract.
In the case of a negotiation taking place, the successful interested party will be required to acknowledge in an
agreement that it has not relied on or been induced to enter into such agreement by any representation or warranty,
save expressly set out in such agreement. This document is governed by and construed in accordance with Indian
Law.
NORTECH TRINITY INDIA PRIVATE LIMITED
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Floor, Statesman House, Barakhambha Road, Connaught Place, New Delhi- 110001, INDIA
E-mail – info@nortechtrinity.com & nortechtrinity@outlook.com
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