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"The global market opportunity for LNG as a transportation fuel is immense"
"Gas has been the fastest-growing hydrocarbon for the past decade, with demand increasing at around 2 per cent a year since 2000. Global LNG demand has grown by an estimated annual average of 6 per cent since 2000, reaching 265 million tonnes per annum (mtpa) in 2016. That's enough LNG to supply power to around 500 million homes a year!" says Rahul Deep Singh, MD, Hazira Lng Pvt Ltd. In a candid interaction with Chemical Engineering World, he talks about transition in global natural gas market, new business models, challenges and opportunities in the LNG sector, and the way ahead for Hazira LNG Pvt Ltd.
Rahul Deep Singh,
MD,
Hazira Lng Pvt Ltd.
"GST is a welcome move and will be good for India, keeping the rates low will be excellent for India"
Indian companies are capable of competing with the foreign companies, but there are few challenges that need to be addressed. This includes inability to setup PCPIRs properly, presence of some tension between large petrochemicals providers and the chemical industry, lack of long-term agreements etc. Nadir Godrej, Managing Director, Godrej Industries Ltd shares his view on these existing challenges in an exclusive interview with Mittravinda Ranjan.
Nadir Godrej,
Managing Director,
Godrej Industries Ltd
‘From Bottom-of-the-Barrel to Bottomless Refineries’
It is certainly an age of transformation for refining industry. The line between refining and downstream petrochemical industry is diluting, and there in an increased focus on improving the Gross Refinery Margins (GRM). Refiners today want to move from bottom-of-the-barrel to bottomless refineries by investing in gasification projects, says Anil Kumar Sarin, Managing Director, CB&I. In an exclusive interview with Mittravinda Ranjan, he further talks about the latest trends and technologies, future challenges for refiners, exploring the coal resources, etc. Sarin provides in-depth insights into the Gas-to-Liquid and Coal-to-Liquid technologies, and elucidates how India can make the most of the new methods.
- Anil Kumar Sarin,
Managing Director, CB&I
‘The enormity of GGSR leverages the proximity of petroleum products in the Northern parts of India’
Rationale behind the commissioned of 9-MMTPA Guru Gobind Singh Refinery (GGSR) operates by HPCL-Mittal Energy Limited (HMEL) at Bathinda in Punjab is to leverage the proximity of the deficit in petroleum products in the Northern parts of the country. Prabh Das, Managing Director & Chief Executive Officer, HMEL, Bathinda, talks about the opportunities & challenges and the future trends of refinery businesses in the country in an exclusive interview with Offshore World. He further articulates the expansion plans, new product mixes, marketing & distribution strategy, and the future refinery configuration of GGSR.
Prabh Das
Managing Director & Chief Executive Officer, HMEL, Bathinda
‘Consistent Delivery of Performance and Excellence’
Oil and Natural Gas Corporation Limited (ONGC) - World’s No. 3 exploration & production company (Platts 2013) - under the leadership of its Chairman and Managing Director Sudhir Vasudeva has undergone a sea change and witnessed radical changes, giving boost to hydrocarbon landscape of the country. While going down the memory lane, he says that there have been countless moments of highs and lows through his eventful journey. For him, as a production engineer, completing a large offshore project or even witnessing any well starting production of oil has always been the ultimate professional kick. Acquiring MRPL in 2003 or receiving the first parcel of Sudanese crude are some of the special moments in his career.
Sudhir Vasudeva
Chairman & Managing Director, ONGC
‘Striking the Goal of 21 MMTPA Capacity by 2021’
MRPL, a subsidiary of ONGC, is a state-of-the-art grassroots refinery located in Mangalore. The refinery has got a versatile design with high flexibility to process crudes of various API and with high degree of automation. P P Upadhya, Managing Director, Mangalore Refinery and Petrochemicals Limited (MRPL), talks to Offshore World about the refinery’s expansion plans, its profit margins and many more. Excerpts:
P P Upadhya
Managing Director, Mangalore Refinery and Petrochemicals Limited (MRPL)
‘India can not afford to lose 4 per cent of GDP to corrosion’
Demand for stainless steel for the entire Hydrocarbon spectrum, ranging from onshore to offshore, has been growing as requirements on high-end materials of construction used in hydrocarbon exploration and processing are increasing. Yatinder Pal Singh Suri, Country Head, Outokumpu India Pvt Ltd, details about the manifold applications for stainless steels and high performance alloys across the whole hydrocarbon value chain with an exclusive talk with Offshore World.
Yatinder Pal Singh Suri
Country Head, Outokumpu India Pvt Ltd
"We aim for projects worth USD 1 bn"
Two years back, EPL split the company into six SBUs with the clear cut objective to unlock the value and true business potential across the boundaries. EPL’s Hydrocarbon SBU’s current order book stands at around USD 4.1 billion. Amit Gupta, CEO, EPL - Hydrocarbon SBU has set the target to reach USD 1 billion during the current fiscal with USD 500 million coming in from the Indian market.
Amit Gupta
CEO, EPL - Hydrocarbon SBU
" Gas price hike will augment production "
Oil India Limited (OIL) is one of the domestic E&P players in the upstream sector. The depreciation of rupee against the dollar is going to work out favorably for upstream companies. The doubling of gas prices from USD 4.2 per mmbtu to USD 8.4 per mmbtu will bring improvements in margins of OIL.
T K Ananth Kumar
Director (Finance)
Oil India Ltd
"Coalescing Technology: An Overview"
Coalescing is one of the separation technique used worldwide by the process industry for liquid-liquid and liquidgas separation. This technique involves coalescing of small particles or droplets into larger ones by means of barrier or electrical energy. It is one of the most cost effective methods used today as compared to salt driers, settlers or thermal / vacuum separators.
Nitin Nageshwar
CEO, YoKu Consultants and YoKu Filters
New Wine in Old Bottles
Seismic studies form the backbone of any exploration activity. It provides the image for the potential hydrocarbon resources. Dr Rabi Bastia, President, Oilmax Energy, talks to Mittravinda Ranjan & Supriya Oundhakar about the importance of seismic surveys, shale gas and CBM developments in India and more.
- Dr Rabi Bastia
President, Oilmax Energy
How best to repair the world’s aging pipelines?
There is no escaping the fact that many of the subsea pipelines around the world are reaching the end of their natural life. Indeed, some are probably already working beyond this point. The majority were brought in to service in the 1970s in places like Europe's North Sea and the ‘Mumbai High’ fields in India, and as such will need more rigorous maintenance in the coming years.
- Paul Hughes
Global Subsea Market Leader Hydratight
"Unconventional hydrocarbons can play a big role in securing India's energy security"
The unconventional hydrocarbon resource CBM (Coal Bed Methane) can play a complimentary role in meeting energy needs in India. CBM availability is marginal as of now, compared with the total energy demand in the country, says Prashant Modi, Managing Director, Great Eastern Energy Corporation Ltd (GEECL). The awareness of gas use as an alternative to using costly and dirty fuels is low in the country, and Modi sees this as a challenge.
- Prashant Modi
M D, Great Eastern Energy Corporation Ltd
Drilling the Impossible into Possible Across the Local Boundaries
It is known fact that there has been tremendous turmoil in the oil and gas sector the world over in the past few years, where the fluctuations in the crude prices have been all time high and the geopolitical issues have been on the rise, affecting the charter rates for rigs.
- Raghav Jindal
MD, JDIL
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