Presentation of reliance deal with british petroliam

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Presentation of reliance deal with british petroliam

  1. 1. PRESENTATION OF RELIANCE DEAL WITH BRITISH PETROLEUM SUBMITTED TO:- PROF. NITIN SAXENA SUBMITTED BY:- GANESH TIWARI SURAJEET SINGH ASHUTOSH RASTOGI DEEPAK NAGAR DINESH KUMR PATEL
  2. 2. INTRODUCTION OF RELIANCE PETROLEUM Reliance petroleum Ltd. Was set up by RIL(Reliance Industries limited). It is one of the India’s largest private sector companies based in Mumbai RPL is subsidiary in of RIL and has interest in the downstream oil business. RPL is alliance with Chevron India ltd. Singapore, a wholly owned subsidiary of Chevron corporation(USA)
  3. 3. CONTD… Chevron corporation holds a 5% equity stake in the company Refining capacity of RIL is 27 million tones per annum(540000 barrel/day) at Jamnagar refining complex RPL will become sixth largest refinery in the world
  4. 4. INTRODUCTION OF BRITISH PETROLEUM(BP) BP is a oil and gas company headquarters in London, UK. It is third largest energy company and fourth largest company in the world measured by revenues. It is active in every area of oil and gas industry including, exploration, and production, petrochemicals and power generation
  5. 5. CONTD… BP has operation in over 80 countries produces around 3.8 million barrel of oil per day and has 22400 service stations worldwide It’s largest division is BP America, which is biggest producer of oil and gas in the US.
  6. 6. DEAL BETWEEN RIL &BP BP will buying a 30% stake in 23 oil and gas production-sharing contracts that RIL operates in India This includes oil producing KG-D6 block It is 50:50 joint venture will be formed between two companies for sourcing - Mkt. Gas in India BP will pay RIL US $ 7.2 bn for consideration, adding of performance payment of up to US $1.8 bn based on exploration success in future.
  7. 7. CONTD…. The deal size may increase to $ 20 bn depending upon future performance payment
  8. 8. ADVANTAGE OF DEAL The partnership will be focused on finding more hydrocarbons that will contribute to India’s energy security It would create a infrastructure for receiving, transporting, and marketing of natural gas in India BP being a global energy capacity we need to be a part of this growing opportunity
  9. 9. THANK YOU

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