The document discusses India's oil and gas policy framework. It outlines challenges facing the oil and gas sectors such as access to reserves, lack of investment, and environmental risks. The key objectives of India's energy policy are increasing energy access, ensuring energy security, and addressing climate change. Policies like the New Exploration Licensing Policy aimed to increase domestic production through competitive bidding. However, concerns around the bidding process and taxation have limited the success of these policies. The document recommends improvements like different contract types, increased tax holidays, and allowing more marketing freedom to improve domestic production.
India is the world’s fourth-largest energy consumer in the world; oil and gas account for 37.3 per cent of total energy consumption. Buoyant economic growth is the main factor driving the country’s energy requirements.
India has 5.6 billion barrels of proven oil reserves, with an average oil production of 0.8 million barrels per day (MPBD). Oil consumption is estimated to expand at a compounded annual growth rate (CAGR) of 3.4 per cent during FY2008-16 to 4 MPBD by 2016. India has 1,330 billion cubic meters (BCM) of gas reserves and produced 47.6 BCM of gas in 2012.
The Government of India has enacted various policies, such as the New Exploration Licensing Policy (NELP) and Coal Bed Methane (CBM) policy, to encourage investments across the industry's value chain. 100 per cent foreign direct investment (FDI) is allowed in the exploration and production (E&P) projects/ companies; and 49 per cent is allowed in refining.
Liquefied natural gas (LNG) imports have increased significantly; offering huge opportunities for LNG terminal operation, engineering, procurement and construction services.
India is the world’s fourth-largest energy consumer in the world; oil and gas account for 37.3 per cent of total energy consumption. Buoyant economic growth is the main factor driving the country’s energy requirements.
India has 5.6 billion barrels of proven oil reserves, with an average oil production of 0.8 million barrels per day (MPBD). Oil consumption is estimated to expand at a compounded annual growth rate (CAGR) of 3.4 per cent during FY2008-16 to 4 MPBD by 2016. India has 1,330 billion cubic meters (BCM) of gas reserves and produced 47.6 BCM of gas in 2012.
The Government of India has enacted various policies, such as the New Exploration Licensing Policy (NELP) and Coal Bed Methane (CBM) policy, to encourage investments across the industry's value chain. 100 per cent foreign direct investment (FDI) is allowed in the exploration and production (E&P) projects/ companies; and 49 per cent is allowed in refining.
Liquefied natural gas (LNG) imports have increased significantly; offering huge opportunities for LNG terminal operation, engineering, procurement and construction services.
Greetings,
Attached FYI ( NewBase Special 01 February 2015 ) , with
energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Adnoc and Total sign new 40-year concession for Abu Dhabi’s prime oilfields
• UAE: to host forum on innovative, sustainable farming
• US Senate approves controversial Keystone pipeline
• India: Expert highlights India’s energy problems
• OPEC production rises as members stand firm
• Investments cut amid wavering oil price course
• Oil Prices Likely To Recover To $67-72 By End-2015 – UBS
• ‘Big Oil’ cuts $20bn in five hours to shield dividends
• Seven Reasons Cheap Oil Can't Stop Renewables Now
As this daily news periodical is free for you, 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
Khaled Al Awadi is a UAE National with a total of 25 years of experience in the Oil & Gas sector. Currently working as Technical Affairs Specialist for Emirates General Petroleum Corp. “Emarat“
New base 03 august 2019 energy news issue 1265 by khaled al awadiKhaled Al Awadi
Greetings
Attached pdf file FYI having the latest energy news via NewBase Energy News 03 August 2019 - Issue No. 1265 Senior Editor Eng. Khaled Al Awadi
Presentaion on carbon credits and kyoto protocolAnkit Agrawal
To combat these changes globally, Kyoto Protocol was created and has been
agreed upon by 170 countries so far, committing themselves to reduce Green
House Gas Emissions and improve Energy Efficiency.
• The Kyoto Protocol envisages reduction of Green House Gases by 5.2% in the
period 2008-12.
• New System of Carbon Credits is Introduced in the texts of Kyoto Protocol is
being formalised to bring more awareness in Industries to reduce their annual
carbon emission by awarding monetary value to reduced emission taking us
towards eco-friendly future
•Through this Presentation we are going to bring into focus
these two main International steps on combating the new evil
“Global Warming”.
In order to tackle the accelerating growth in the demand for energy, and confront any obstacles which impede the implementation of prosperous energy projects, The Master Strategy of the Energy Sector in Jordan for the Period 2007 – 2020 (“Jordan’s Energy Strategy”) has been sanctioned by the Cabinet on 7/12/2004. In both the oil and the natural gas sectors, the principle recommendation and goal of the Jordan’s Energy Strategy is to attract foreign investment to explore, develop and produce resources in open areas.
In Jordan there is no specific legislation regulating oil and gas activities, yet, the legal framework is suitable for the current volume and condition of operations in the sector. This paper will outline such regime and the oil and gas market as a whole. It will look at the historic development of the market, the current market conditions and players and the legal framework governing oil and gas activities.
Attached FYI ( NewBase Special 04 February 2015 ) , with
energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Exxon milestone as Abu Dhabi offshore engineering works are completed
• UAE Mulls Lower Petrol Prices
• Shell to remove Brent Delta Platform in the North Sea
• Myanmar-China oil pipeline opens, reduces shipping time
• US: Increase in gasoline prices ends 17-week streak of declining price
• Gulf oil export losses to hit $300bn in 2015, says IMF
• Exxon Could Be the Big Winner of the Oil Crash
• Total's major African projects safe from oil collapse cuts
As this daily news periodical is free for you, 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
Natural Gas Value Chain, Opportunities, and Challenges - LebanonIhab Ouaida
"Natural Gas Value Chain, Opportunity, and Challenges"
By Ihab Ouaida at the "Pioneer Development Project, Experience, and Lessons" Workshop organized by the Order of Engineers, Tripoli, Lebanon.
May 20, 2017.
Greetings,
Attached FYI ( NewBase Special 25 February 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
Oman Mukhaizna heavy oil production averages 122,000 B/D
President Bouteflika calls to profit from all energy resources of country
Tunisia:Mazarine Energy spuds onshore Chouchet El Atrous-1 (Cat-1) well Egypt to receive first import of LNG cargo- due in March
Iran to spend up to $4.8 bln from sovereign fund on oil development
US: Obama vetoes Keystone pipeline approval bill
UK exploration activity hits record low
Falling oil prices and its implications on Qatar’s economy
Oil market is stabilising, USD60 is OK for now - OPEC delegate
As this daily news periodical is free for you, 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
Greetings,
Attached FYI ( NewBase Special 01 February 2015 ) , with
energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Adnoc and Total sign new 40-year concession for Abu Dhabi’s prime oilfields
• UAE: to host forum on innovative, sustainable farming
• US Senate approves controversial Keystone pipeline
• India: Expert highlights India’s energy problems
• OPEC production rises as members stand firm
• Investments cut amid wavering oil price course
• Oil Prices Likely To Recover To $67-72 By End-2015 – UBS
• ‘Big Oil’ cuts $20bn in five hours to shield dividends
• Seven Reasons Cheap Oil Can't Stop Renewables Now
As this daily news periodical is free for you, 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
Khaled Al Awadi is a UAE National with a total of 25 years of experience in the Oil & Gas sector. Currently working as Technical Affairs Specialist for Emirates General Petroleum Corp. “Emarat“
New base 03 august 2019 energy news issue 1265 by khaled al awadiKhaled Al Awadi
Greetings
Attached pdf file FYI having the latest energy news via NewBase Energy News 03 August 2019 - Issue No. 1265 Senior Editor Eng. Khaled Al Awadi
Presentaion on carbon credits and kyoto protocolAnkit Agrawal
To combat these changes globally, Kyoto Protocol was created and has been
agreed upon by 170 countries so far, committing themselves to reduce Green
House Gas Emissions and improve Energy Efficiency.
• The Kyoto Protocol envisages reduction of Green House Gases by 5.2% in the
period 2008-12.
• New System of Carbon Credits is Introduced in the texts of Kyoto Protocol is
being formalised to bring more awareness in Industries to reduce their annual
carbon emission by awarding monetary value to reduced emission taking us
towards eco-friendly future
•Through this Presentation we are going to bring into focus
these two main International steps on combating the new evil
“Global Warming”.
In order to tackle the accelerating growth in the demand for energy, and confront any obstacles which impede the implementation of prosperous energy projects, The Master Strategy of the Energy Sector in Jordan for the Period 2007 – 2020 (“Jordan’s Energy Strategy”) has been sanctioned by the Cabinet on 7/12/2004. In both the oil and the natural gas sectors, the principle recommendation and goal of the Jordan’s Energy Strategy is to attract foreign investment to explore, develop and produce resources in open areas.
In Jordan there is no specific legislation regulating oil and gas activities, yet, the legal framework is suitable for the current volume and condition of operations in the sector. This paper will outline such regime and the oil and gas market as a whole. It will look at the historic development of the market, the current market conditions and players and the legal framework governing oil and gas activities.
Attached FYI ( NewBase Special 04 February 2015 ) , with
energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Exxon milestone as Abu Dhabi offshore engineering works are completed
• UAE Mulls Lower Petrol Prices
• Shell to remove Brent Delta Platform in the North Sea
• Myanmar-China oil pipeline opens, reduces shipping time
• US: Increase in gasoline prices ends 17-week streak of declining price
• Gulf oil export losses to hit $300bn in 2015, says IMF
• Exxon Could Be the Big Winner of the Oil Crash
• Total's major African projects safe from oil collapse cuts
As this daily news periodical is free for you, 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
Natural Gas Value Chain, Opportunities, and Challenges - LebanonIhab Ouaida
"Natural Gas Value Chain, Opportunity, and Challenges"
By Ihab Ouaida at the "Pioneer Development Project, Experience, and Lessons" Workshop organized by the Order of Engineers, Tripoli, Lebanon.
May 20, 2017.
Greetings,
Attached FYI ( NewBase Special 25 February 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
Oman Mukhaizna heavy oil production averages 122,000 B/D
President Bouteflika calls to profit from all energy resources of country
Tunisia:Mazarine Energy spuds onshore Chouchet El Atrous-1 (Cat-1) well Egypt to receive first import of LNG cargo- due in March
Iran to spend up to $4.8 bln from sovereign fund on oil development
US: Obama vetoes Keystone pipeline approval bill
UK exploration activity hits record low
Falling oil prices and its implications on Qatar’s economy
Oil market is stabilising, USD60 is OK for now - OPEC delegate
As this daily news periodical is free for you, 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
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.
Conference on Unconventional Hydrocarbon Resources on 13th March in New Delhi.Infraline Energy
We are pleased to inform you about our upcoming Annual Conference on "India's Readiness for tapping Unconventional Hydrocarbon Resources" scheduled on March 13, 2014, Hotel Shangri-La, New Delhi.
Key Discussion Points
• Global Distribution of Unconventional Resources of Hydrocarbons and their Potential
• Challenges in Exploitation of Unconventional Hydrocarbons- Policy- Regulatory- Operational Community etc.
• Case study- Successful Unconventional Hydrocarbons Projects- Critical Success Factors
• CBM Resources Exploitation- Opportunities- Challenges & Status of Exploitation
• Shale Gas & Oil Resources Potential- GOI Way Forward
• Global Best Practices- Policy & Regulatory Framework
• Conventional Hydrocarbons vs Unconventional Hydrocarbons- Key Differences
• Drilling Needs- Well Construct, Intensity of Drilling needed.
• Hydrofracing- Key Issues & how industry has responded
• Profile of Services sector in India- Unconventional Gas. How Prepared it is?
• Unconventional Focus- Key Aspects- USA, China, Argentina, Europe
• Logistics & Environmental Issues- Air & Noise Pollution, Stakeholders Interfacing aspects.
• Is India ready to take benefit of its Unconventional Resources? What top three aspects need immediate attention to make Unconventional's happen in India?
Registration fee is INR. 20,000 per delegate.
For more details Contact:
Gargi Goswami
gargi.goswami@infraline.com
8130960957/ 011-66250011
An Empirical Analysis of Financial Performance of Selected Oil Exploration an...Dr. Amarjeet Singh
After the United States, China, and Japan, India was the world's fourth biggest consumer of oil and petroleum products. The nation is significantly reliant on crude oil imports, the majority of which come from the Middle East. The Indian oil and gas business is one of the country's six main sectors, with important forward links to the rest of the economy. More than two-thirds of the country's overall primary energy demands are met by the oil and gas industry. The industry has played a key role in placing India on the global map. India is now the world's sixth biggest crude oil user and ninth largest crude oil importer. In addition, the country's portion of the worldwide refining market is growing. India's refining industry is now the world's sixth biggest. With plans for Reliance Petroleum Limited to commission another refinery with a capacity of 29 MTPA next 16 to its 33 MTPA refinery in Jamnagar, Gujarat, this position is projected to be enhanced. As a consequence, the Reliance refinery would be the biggest single-site refinery in the world. Based on secondary data gathered from CMIE, the current research examines the ratios influencing the profitability of selected oil exploration and production businesses in India during a 10-year period.
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?
Presentation at TUROGE 2014 (Turkish International Oil and Gas Conference) on Turkish E&P Sector & New Petroleum Law.
By Ali Yildizel - E&P Group Leader at PETFORM
Similar to Oil and Gas Policy Framework in India (20)
COLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdfKamal Acharya
The College Bus Management system is completely developed by Visual Basic .NET Version. The application is connect with most secured database language MS SQL Server. The application is develop by using best combination of front-end and back-end languages. The application is totally design like flat user interface. This flat user interface is more attractive user interface in 2017. The application is gives more important to the system functionality. The application is to manage the student’s details, driver’s details, bus details, bus route details, bus fees details and more. The application has only one unit for admin. The admin can manage the entire application. The admin can login into the application by using username and password of the admin. The application is develop for big and small colleges. It is more user friendly for non-computer person. Even they can easily learn how to manage the application within hours. The application is more secure by the admin. The system will give an effective output for the VB.Net and SQL Server given as input to the system. The compiled java program given as input to the system, after scanning the program will generate different reports. The application generates the report for users. The admin can view and download the report of the data. The application deliver the excel format reports. Because, excel formatted reports is very easy to understand the income and expense of the college bus. This application is mainly develop for windows operating system users. In 2017, 73% of people enterprises are using windows operating system. So the application will easily install for all the windows operating system users. The application-developed size is very low. The application consumes very low space in disk. Therefore, the user can allocate very minimum local disk space for this application.
About
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
• Remote control: Parallel or serial interface.
• Compatible with MAFI CCR system.
• Compatible with IDM8000 CCR.
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
• Easy in configuration using DIP switches.
Technical Specifications
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
Key Features
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
• Remote control: Parallel or serial interface
• Compatible with MAFI CCR system
• Copatiable with IDM8000 CCR
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
Application
• Remote control: Parallel or serial interface.
• Compatible with MAFI CCR system.
• Compatible with IDM8000 CCR.
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
• Easy in configuration using DIP switches.
Courier management system project report.pdfKamal Acharya
It is now-a-days very important for the people to send or receive articles like imported furniture, electronic items, gifts, business goods and the like. People depend vastly on different transport systems which mostly use the manual way of receiving and delivering the articles. There is no way to track the articles till they are received and there is no way to let the customer know what happened in transit, once he booked some articles. In such a situation, we need a system which completely computerizes the cargo activities including time to time tracking of the articles sent. This need is fulfilled by Courier Management System software which is online software for the cargo management people that enables them to receive the goods from a source and send them to a required destination and track their status from time to time.
Immunizing Image Classifiers Against Localized Adversary Attacksgerogepatton
This paper addresses the vulnerability of deep learning models, particularly convolutional neural networks
(CNN)s, to adversarial attacks and presents a proactive training technique designed to counter them. We
introduce a novel volumization algorithm, which transforms 2D images into 3D volumetric representations.
When combined with 3D convolution and deep curriculum learning optimization (CLO), itsignificantly improves
the immunity of models against localized universal attacks by up to 40%. We evaluate our proposed approach
using contemporary CNN architectures and the modified Canadian Institute for Advanced Research (CIFAR-10
and CIFAR-100) and ImageNet Large Scale Visual Recognition Challenge (ILSVRC12) datasets, showcasing
accuracy improvements over previous techniques. The results indicate that the combination of the volumetric
input and curriculum learning holds significant promise for mitigating adversarial attacks without necessitating
adversary training.
Hybrid optimization of pumped hydro system and solar- Engr. Abdul-Azeez.pdffxintegritypublishin
Advancements in technology unveil a myriad of electrical and electronic breakthroughs geared towards efficiently harnessing limited resources to meet human energy demands. The optimization of hybrid solar PV panels and pumped hydro energy supply systems plays a pivotal role in utilizing natural resources effectively. This initiative not only benefits humanity but also fosters environmental sustainability. The study investigated the design optimization of these hybrid systems, focusing on understanding solar radiation patterns, identifying geographical influences on solar radiation, formulating a mathematical model for system optimization, and determining the optimal configuration of PV panels and pumped hydro storage. Through a comparative analysis approach and eight weeks of data collection, the study addressed key research questions related to solar radiation patterns and optimal system design. The findings highlighted regions with heightened solar radiation levels, showcasing substantial potential for power generation and emphasizing the system's efficiency. Optimizing system design significantly boosted power generation, promoted renewable energy utilization, and enhanced energy storage capacity. The study underscored the benefits of optimizing hybrid solar PV panels and pumped hydro energy supply systems for sustainable energy usage. Optimizing the design of solar PV panels and pumped hydro energy supply systems as examined across diverse climatic conditions in a developing country, not only enhances power generation but also improves the integration of renewable energy sources and boosts energy storage capacities, particularly beneficial for less economically prosperous regions. Additionally, the study provides valuable insights for advancing energy research in economically viable areas. Recommendations included conducting site-specific assessments, utilizing advanced modeling tools, implementing regular maintenance protocols, and enhancing communication among system components.
Forklift Classes Overview by Intella PartsIntella Parts
Discover the different forklift classes and their specific applications. Learn how to choose the right forklift for your needs to ensure safety, efficiency, and compliance in your operations.
For more technical information, visit our website https://intellaparts.com
NO1 Uk best vashikaran specialist in delhi vashikaran baba near me online vas...Amil Baba Dawood bangali
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TECHNICAL TRAINING MANUAL GENERAL FAMILIARIZATION COURSEDuvanRamosGarzon1
AIRCRAFT GENERAL
The Single Aisle is the most advanced family aircraft in service today, with fly-by-wire flight controls.
The A318, A319, A320 and A321 are twin-engine subsonic medium range aircraft.
The family offers a choice of engines
Cosmetic shop management system project report.pdfKamal Acharya
Buying new cosmetic products is difficult. It can even be scary for those who have sensitive skin and are prone to skin trouble. The information needed to alleviate this problem is on the back of each product, but it's thought to interpret those ingredient lists unless you have a background in chemistry.
Instead of buying and hoping for the best, we can use data science to help us predict which products may be good fits for us. It includes various function programs to do the above mentioned tasks.
Data file handling has been effectively used in the program.
The automated cosmetic shop management system should deal with the automation of general workflow and administration process of the shop. The main processes of the system focus on customer's request where the system is able to search the most appropriate products and deliver it to the customers. It should help the employees to quickly identify the list of cosmetic product that have reached the minimum quantity and also keep a track of expired date for each cosmetic product. It should help the employees to find the rack number in which the product is placed.It is also Faster and more efficient way.
Automobile Management System Project Report.pdfKamal Acharya
The proposed project is developed to manage the automobile in the automobile dealer company. The main module in this project is login, automobile management, customer management, sales, complaints and reports. The first module is the login. The automobile showroom owner should login to the project for usage. The username and password are verified and if it is correct, next form opens. If the username and password are not correct, it shows the error message.
When a customer search for a automobile, if the automobile is available, they will be taken to a page that shows the details of the automobile including automobile name, automobile ID, quantity, price etc. “Automobile Management System” is useful for maintaining automobiles, customers effectively and hence helps for establishing good relation between customer and automobile organization. It contains various customized modules for effectively maintaining automobiles and stock information accurately and safely.
When the automobile is sold to the customer, stock will be reduced automatically. When a new purchase is made, stock will be increased automatically. While selecting automobiles for sale, the proposed software will automatically check for total number of available stock of that particular item, if the total stock of that particular item is less than 5, software will notify the user to purchase the particular item.
Also when the user tries to sale items which are not in stock, the system will prompt the user that the stock is not enough. Customers of this system can search for a automobile; can purchase a automobile easily by selecting fast. On the other hand the stock of automobiles can be maintained perfectly by the automobile shop manager overcoming the drawbacks of existing system.
1. CASE :
OIL AND GAS POLICY FRAMEWORK
IN INDIA
Jayesh Kumar, Utsav Dalal, Deepika Wadhwa, Divya Biloo.
Chemical engineering department
MBM Engineering College, Jai narain Vyas University
Jodhpur (Rajasthan)-342011
Email : nahtajay@gmail.com
2. OILAND GAS SECTOR
OVERVIEW
PRODUCTION AND CONSUMPTION
Fast paced growth of indian
economy, increasing
population and rising income
levels has resulted in a surging
demand for energy.
Over the last two decades the
production of oil and gas has
been stagnated and it’s
consumption is increasing
rapidly.
IMPORTS
Need of imports:
• Serious energy shortage
across different fuel sectors.
• stagnating domestic
production.
3. CHALLENGES THREATENING OIL ANG
GAS SECTORS...!!!!
Access to reserves: political constraints and competition for proven
reserves.
Uncertain energy policy.
Lack of foreign investment.
Cost containment.
Worsening fiscal terms.
Health, safety and environmental risks.
Human capital deficit.
New operational challenges, including unfamiliar environments.
Price volatility.
Competition from new technologies.
Climate changes concerns.
4. How to fight with these
challenges..?
Set of principles and long-term goals that form the basis of
making rules and guidelines, and to give overall direction
to planning and development of the organization.
POLICY
FRAMEWORK
POLICY OBJECTIVES
ENERGY
ACCESS
Nearly one-quarter of the population of india lacks
access to energy.
Majority of energy demand still remains unmet.
Economic development is being hindered as a
consequence of energy poverty.
“Thus, providing energy access to its entire population
has been a top priority of Indian policy makers for a long
time, making it equally or even more
important than energy security. India’s major rural
electrification scheme is an example of the
government’s determination to expand access to electricity in
India’s rural villages”
ENERGY
SECURITY
“we are energy secure when
we can supply lifeline energy
to all our citizens irrespective
of their ability to pay for it as
well as meet their effective
demand for safe and
convenient energy
to satisfy their various needs
at competitive prices, at all
times and with a prescribed
confidence
level considering shocks and
disruptions that can be
reasonably expected”
CLIMATIC CHANGE
•India’s per-capita emissions are only one-third of the
world average and 14% of per-capita emissions of OECD member countries. India
took a leading role in the G77 during the COP 15 in 2009, denouncing any attempt
by industrialised countries to
impose carbon reduction targets on developing countries.
• Its main aim is reducing carbon emissions and alleviating environmental
degradation.
•India announced its National Action Plan on Climate Change in 2008, and during
COP15 in Copenhagen in 2009, India’s environment minister reconfirmed India’s
goal to reduce carbon emissions per unit of GDP by 20% to 25% below 2005 levels by
2020. Frequent flooding and droughts, deforestation and desertification as well as
possible glacial melting in the Himalayas have focused on climate change and
provide strong impetus towards India’s transition to a low-carbon economy.
POLICY
CONCEPT
5. POLICY CONCEPT
SELF SUFFICIENCY
•Self-sufficiency or energy independence is the
energy policy dialogue in India.
• This is a useful concept to understand India’s
approach to energy security.
• India adopted strategies of supply or fuel
diversification to enhance energy security.
•It focuses on maximum utilisation of domestic
sources, including hydrocarbon, thorium and
renewables.
•In 2007, an ambitious plan to realise energy
independence based on hydro, nuclear and
renewable energy was announced, stating “we need
to graduate from energy security to energy
independence”
6. POLICIES ADOPTED BY INDIA
Government of India formulated a policy
called New Exploration Licensing Policy in
1997. The main objective was to attract
significant risk capital from Indian and
Foreign companies, state of part
technologies, new geological concepts and
best management practices to explore oil
and gas resources in the country to meet
rising demands of oil and gas. This policy,
NELP was approved in 1997 and it became
effective in February, 1999 Since then
licenses for exploration are being awarded
only through a competitive bidding system
and National Oil Companies (NOCs) are
required to compete on an equal footing
with Indian and foreign companies to
secure Petroleum Exploration Licenses
(PELs). Nine rounds of bids have so far
been concluded under NELP, in which
production sharing contracts for 254
exploration blocks have been signed.
Introduced in 2001, IHV 2025 laid out the
long-term vision for the oil and gas sector
with objectives of enhancing energy security
and promoting a free market and
competition within the
sector .
Salient featuresof IHV :
•Increasing operational flexibility and
autonomy of PSUs
•Developing the sector to a globally
competitive level .
•Better utilisation of domestic hydrocarbon
resources.
•The IHV 2025 confirmed the importance of
foreign investment, but also emphasised the
critical role of Indian PSUs.
SALIENT FEATURES OF NELP
i) 100% FDI is allowed under NELP
ii) No mandatory state participation through ONGC/OIL or any carried interest of the
Government.
iii) Blocks to be awarded through open international competitive bidding.
iv) ONGC and OIL to compete for obtaining the petroleum exploration licenses on a
competitive basis instead of the existing system of granting them PELs on nomination
basis.
v) ONGC and OIL to get the same fiscal and contract terms as private companies.
vi) Freedom to the contractors for marketing of crude oil and gas in the domestic
market.
vii) Royalty at the rate of 12.5% for the onland areas and 10% for offshore areas.
viii) Royalty to be charged at half the prevailing rate for deep water areas beyond 400
m bathymetry for the first 7 years after commencement of commercial production.
ix) Cess to be exempted for production from blocks offered under NELP.
x) Companies to be exempted from payments of import duty on goods imported for
petroleum operations.
xi) No signature, discovery or production bonuses.
xii) A Model Production Sharing Contract (MPSC) which is reviewed for every NELP
round.
xiii) Contracts to be governed in accordance with applicable Indian Laws
7. ROUNDS OF
NELP
NELP
I
NELP
II
NELP
III
NELP
IV
NELP
V
NELP
VI
NELP
VII
NELP
VIII
NELP
IX
Bids were invited by the Government of India on 8
January 1999 for 48 blocks for exploration of oil and
natural gas.
Of these, 12 blocks were deepwater 26 shallow
offshore and 10 were onshore blocks.
The PSC’s were signed for 24 exploration blocks
and 13 blocks have been relinquished.
Bids were invited by the Government of India
15 December 2000 for 25 blocks for exploration
of oil and natural gas.
Of these, 8 blocks were deepwater , 8 shallow
offshore and 9 were onland blocks.
The PSC’s were signed for 23 exploration and
19 blocks have been relinquished
bids were invited by the Government of India on
27 March 2002 for 27 blocks for exploration of oil
and natural gas.
Of theBids were invited by the Government of
India on 27 March 2002 for 27 blocks se, 9 blocks
were deepwater 7 shallow offshore and 11 were
onland blocks.
The PSC’s were signed for 23 exploration
blocks and 4 blocks had been relinquished.
Bids were invited by the Government of India
on 8 May 2003 for 24 blocks for exploration of
oil and natural gas.
Of these, 12 blocks were deepwater 1shallow
offshore and 11 were onland blocks.
The PSC’s were signed for 20 exploration
blocks. At present 19 exploration blocks are
operating ..
Bids were invited by the Government of India
for 20 blocks for exploration of oil and natural
gas.
Of these, 6 blocks were deepwater 2 shallow
offshore and 12 were onland blocks
The PSC’s were signed for all 20 exploration
blocks.
A total of fifty five blocks (55) were offered
during the NELP VI round for exploration of oil
and natural gas .
Of these , 16 prospective sedimentary basins
consists of 25 Onland, 6 Shallow Water and 24
Deep Water blocks.
The PSC’s were signed for 52 exploration
blocks comprising 21 deepwater, 6 shallow water
and 25 onland.
A total of fifty Seven blocks (57) were offered
during the NELP VII round for exploration of oil
and natural gas .
Of these, 18 prospective sedimentary basins
consists of 29 Onland, 9 Shallow Water and 19
Deep Water blocks. On 22 December 2008
Contracts were signed for 41 blocks
Government has offered 31 production
sharing contracts on 30 June 2010.
There are 8 deepwater blocks, 11 shallow
water blocks and 12 onland.
A total of 33 exploration blocks were offered
during the bidding process. State-owned Oil and
Natural Gas Corp (ONGC) bagged 10 of the 33
oil and gas exploration blocks, Oil India Ltd
(OIL) bid for as many as 29 blocks and managed
to get 10.
8. WAS
NELP
REALLY HELPFUL….??
RESULTS OF NELP
OIL and GAS exploration has been
increased.
India’s dependence on hydrocarbon imports
has been reduced
Two major discoveries have been occurred:
1. Production by Reliance Industries' (RIL)
basin
2. Crude oil production in Barmer by CAIRN
INDIA
CONCERNS BLOCKING
THE SUCCESS RATE OF
NELP
1. Production Sharing Contracts
There should be different kind of
production sharing contract for different
kinds of block . Each block has different
requirements, issues, risks which cannot
be addressed by one model production
sharing contracts. Hence the Investors
often find it difficult to cope under such
circumstances
2. Tax concerns:
The government has also failed to adopt a
clear-cut policy on extending the tax
holiday for the oil and gas sector. There is
merit in these demands of the oil sector
given that contractors have to write off all
expenditure incurred in exploration if they
fail to make a discovery. Costs are
recoverable only when contractors make a
commercial discovery
4. Perception of poor India's
geology
Indian geology does not have
promising structures with large
hydrocarbon reserves. The state-
owned oil companies have relied on the
weakness of GoI's capacity to frustrate
the government's main reform
initiative in this area.
3. Governmental regulations
Oil and gas companies may also be
worried by the government's attempts to
dictate marketing terms, and on occasion,
prices for oil and gas from major
Projects. .
The government's actions have
undermined the marketing freedom
promised under original NELP terms.
9. HOW TO
IMPROVISE
......?????
RECOMMENDATIONS
There is lot of perceptions about the poor geology of India. Although
steps are taken by the Ministry to spread the success of NELP but they
are not enough besides road shows conferences should be held in other
countries. The successes should be highlighted.
Tax position should be made clear, it is duty of the government to clear
all confusions regarding taxing matters, and this is the major reason. The
investors should be consulted, conferences should be held taking their
views. The tax holiday period should be increased from 7 years.
Natural gas should also be given 7 years tax holiday to encourage
natural gas discoveries.
The government should not dictate marketing terms, the government
has to weigh the interest of the public and the investors interest and
accordingly formulate a plan to allow investors to have market
independence.
Open acreage system should be encouraged; it would encourage foreign
participation and utilization of reserves.
REFERENCES OF
RECOMMENDATION
POLICIES ADOPTED BY OTHER COUNTRIES
UGANDA
The National Oil and Gas Policy
supersedes the Energy Policy
published in 2002 in matters of
exploration, development, production and
utilization of the country’s oil and gas
resources.
The policy seeks to put in place a
framework that will create a conducive
environment for efficient management of:
Continued promotion and exploration of
the country’s oil and gas potential;
Evaluation of the discovered oil and gas
reserves;
Exploitation and utilization of these
reserves, and
Revenues accruing from the country’s
oil and gas resources
UNITED STATES
Shale gas is natural gas produced from
shale, a type of sedimentary rock. It is
commonly said that the exploration and
production of shale gas in the United
States has been a game changer, making
the country self-sufficient in natural gas
over the last few years. This has created
considerable excitement globally,
particularly in Europe. Similarly, India has
been looking at exploring shale gas
domestically to fill in the supply–demand
gap. In the United States, RIL has made
big investments (US$ 3.5 billion) in the
Marcellus and Eagle Ford shales through
joint ventures with Chevron, Carrizo, and
Pioneer.
10. *Government would have to redeploy $90 trillion they are
estimated to spend on infrastructure over the next 15 years towards
low carbon technologies.
*Mass public transport will connect compactly built cities, saving
$3trillion in investment cost by 2030.
*Restoring 12% of degraded lands can feed 200 million people,
raise farmers income by $40 billion annually and cut emissions from
deforestation.
* Phasing out the $600 billion current subsidy on fossil fuels and
raising the $100 billion support to renewables . The result would be
energy efficiency and poverty reduction.
*Indian government should set a 2030 target on greenhouse gas
emission and a global annual target of zero or less by the latter half
of the century. If implemented, we can achieve 90% reduction in
emission by 2030, enough to prevent catastrophic climate changes.
ROAD
MAP
FOR
2030
FOR
INDIA
Conclusion
A serious energy shortage and growing pressure on imports have been seen in the Indian
energy sector. In the middle of 2012, India’s power shortage led to massive rolling power
cuts across the nation. Industries and businesses shut down and public protests followed,
demanding better power supply.
India is now standing at the crossroads with a need for the next phase of energy sector
reform. Strong political leadership is vital to address energy challenges.
Energy supply cannot be taken for granted, and it requires sufficient resources to be
delivered to consumers. India’s policy objective of inclusive development and affordable
energy should be maintained. This perception is the foundation of a functioning energy
market and the sustainable, green growth economy that India pursues.
India relies on significant amounts of energy from foreign sources and, as such, India is a
price taker, not a price setter. India can reduce its vulnerability to energy price fluctuation
through a flexible and competent energy market, but it cannot isolate itself from price
volatility. At the same time, to expand its energy supply capacity to meet the rapidly
growing energy demand of its people, India needs more investment. A significant portion of
the required investment must come from foreign investors, for whom it competes with other
countries. This implies the necessity of integrating India’s energy institutions and policies
with global practices
A reliable and adequate supply of modern and clean energy is the prerequisite for India’s
continued economic development. Nothing would be more costly than the disruption of the
national economy, which has so much potential to prosper, as well as the disruption of daily
activities of the Indian citizens, who are ready to participate in another economic miracle.
CONCLUSION
“NO POWER IS AS
EXPENSIVE AS NO
POWER.”
THANK-YOU
REFERENCES:-
1. www.iea.org
2. www.ibef.org
3. www.petroleum.nic.in
4. Indian Petroleum & Natural Gas 2011-12.
5. The Hindu Newspaper.
6. :’