DOCSLIB.ORG

Oil-And-Gas-August-2013.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Oil-And-Gas-August-2013.Pdf • India’s energy demand is expected to double to 1,464 Mtoe by 2035 from 559 Mtoe in World’s fourth-largest 2011. Moreover, the country’s share in global primary energy consumption would increase energy consumer twofold by 2035 Fourth-largest • Oil consumption is estimated to reach 4.0 mbpd by FY16, expanding at a CAGR of 3.2 per consumer of oil and cent during FY08–FY16F petroleum products Sixth-largest LNG • LNG imports accounted for about one-fourth of total gas demand. India's gas demand is importer in 2011 estimated to more than double over the next five years Source: US Energy Information Administration (EIA); Ministry of Petroleum & Natural Gas; Aranca Research Notes: Mtoe – Million Tonnes of Oil Equivalent; mbpd – Million Barrels Per Day FY08 GrowingGrowing demand demand Skilled workforce FY16F • India is the world’s fourth-largest • About 139,068 people were Oil energy consumer; oil and gas employed in the petroleum Oil demand: account for 37.3 per cent of total industry at the end of FY12 demand: 3.1 mbpd; energy consumption 4.0 mbpd; Gas • The University of Petroleum and Gas demand: • Buoyant economic growth is the Energy Studies in Dehradun, demand: 31.5 bcm main factor driving the country’s Uttarakhand, is Asia’s first and 165.2 bcm energy requirements only energy university Advantage India Supportive FDI guidelines Policy support • The engineering sector is delicensed; • 100 per cent Foreign Direct • Government100 per cent FDI has is enactedallowed invarious the Investment (FDI) is allowed in policiessector such as the New upstream and private sector Exploration Licensing Policy (NELP) refining projects • andDue toCoal policy Bed support, Methane there (CBM) was policycumulative to encourage FDI of USD14.0 investments billion into • The FDI limit for public sector acrossthe sector the over industry’s April 2000 value – February chain refining projects has been raised 2012, making up 8.6 per cent of total to 49 per cent FDI into the country in that period Source: Business Monitor International (BMI); World Oil Outlook 2012; Ministry of Petroleum & Natural Gas; Aranca Research Notes: mbpd – Million Barrels Per Day; bcm – Billion Cubic Meters India is the world’s fourth-largest energy consumer The country has 5.6 billion barrels of proven oil reserves, with an average oil production of 0.8 mbpd (2012) India has 1,330 bcm of gas reserves and produced 47.6 bcm of gas in 2012 Upstream • The upstream segment is dominated by the state-owned ONGC segment - • It is the largest upstream company in the exploration and production (E&P) Exploration and segment, accounting for approximately 62 per cent of the country’s total oil production output Midstream • IOCL operates a 11,163 km network of crude, gas and product pipelines, Indian oil and gas segment – with a capacity of 1.6 mbpd sector Storage and transportation • This is around 30 per cent of the nation’s total pipeline network Downstream • IOCL is the largest company, operating 10 out of 22 Indian refineries segment – Refining, • Reliance launched India’s first privately owned refinery in 1999 and has processing and gained a considerable market share (28 per cent) marketing Source: BP Statistical Review, June 2012; Ministry of Petroleum & Natural Gas; Aranca Research Notes: bcm – Billion Cubic Meters; mbpd – Million Barrels Per Day; ONGC – Oil & Natural Gas Corporation of India; IOCL – Indian Oil Corporation Ltd Oil consumption is estimated to expand at a CAGR of 3.4 Oil consumption in India and current reserves per cent during FY2008–16F to 4.0 mbpd by 2016 5.0 6,000 4.3 4.1 Owing to this strong expected growth in demand, India’s 3.9 3.5 3.9 4.0 4.0 3.7 dependency on oil imports is expected to increase further 5,700 3.1 3.2 3.0 5,400 2.0 5,100 1.0 0.0 4,800 FY08 FY09 FY10 FY11 FY12* FY13F FY14F FY15F FY16F Oil Consumption (mbpd) - LHS Proven Oil Reserves (mn bbl) - RHS Source: Ministry of Oil & Natural Gas; BMI forecasts; Aranca Research Notes: F – Forecast; CAGR – Compound Annual Growth Rate; mbpd – Million Barrels Per Day; mn bbl – Million Barrels; * – Provisional In FY12, imports accounted for approximately 81 per cent of Imports and domestic oil production in India the country’s total oil demand Backed by new oil fields, domestic oil output is anticipated to grow to 1.0 mbpd by FY16 3.3 3.5 2.9 3.0 3.2 2.5 2.7 2.5 2.7 0.7 0.7 0.7 0.8 0.8 1.0 1.0 1.0 1.0 FY08 FY09 FY10 FY11 FY12* FY13F FY14F FY15F FY16F Oil Production (mbpd) Oil Imports (mbpd) Source: Ministry of Oil & Natural Gas; BMI forecasts; Aranca Research Notes: F – Forecast; mbpd – Million Barrels Per Day; * – Provisional With India developing gas-fired power stations, Proven reserves and total gas consumption in the consumption is up more than 160 per cent since 1995 country (bcm) Demand is not likely to simmer down any time soon, given strong economic growth and rising urbanisation; during 1,330 1,330 1,330 1,330 1,330 FY2008–17F, gas consumption is likely to expand at a 1,330 CAGR of 21.0 per cent 1,278 1,149 1,115 1,090 175 165 109 150 137 51 47 46 32 31 FY08 FY09 FY10 FY11 FY12* FY13F FY14F FY15F FY16F FY17F Gas Consumption Proven Gas Reserves Source: Ministry of Oil & Natural Gas; Aranca Research Notes: F – Forecast; bcm – Billion Cubic Meters; CAGR – Compound Annual Growth Rate; * – Provisional Domestic production accounts for more than three-quarters Domestic gas production and imports (bcm) of total gas consumption in the country Imports constitute the rest; in 2012, the share of imports was 22.0 per cent 56 India increasingly relies on imported LNG; the country was 48 the sixth-largest LNG importer in 2011 and accounted for 32 32 12 12 13 23 5.3 per cent of global imports 12 11 64 47 52 48 43 44 47 51 India’s LNG imports are forecast to increase at a CAGR of 32 33 33 per cent during 2012–17 FY08 FY09 FY10 FY11 FY12* FY13F FY14F FY15F FY16F FY17F Gas Production Gas Imports Source: Ministry of Oil & Natural Gas; Aranca Research Notes: F – Forecast; bcm – Billion Cubic Meters; * – Provisional Total crude oil production was 38.0 mmt during FY12 Crude oil production (mmt) ONGC accounted for 62 per cent of total crude oil production in India 9.7 4.8 5.1 10.5 4.6 4.7 5.3 3.1 3.1 3.5 3.2 3.6 3.6 3.8 24.4 26.1 25.9 25.4 24.9 24.4 23.7 FY06 FY07 FY08 FY09 FY10 FY11 FY12* ONGC OIL Private/JV Source: Ministry of Petroleum & Natural Gas; Aranca Research Notes: mmt – Million Metric Tonne; * – Provisional; JV – Joint Venture Total gas production was 47.6 bcm during FY12 Annual gas production (bcm) The contribution from Private/JV has drastically increased over the last couple of years, following the development of the Reliance - Krishna Godavari (KG) basin 26.8 22.0 21.6 7.4 7.0 7.7 8.1 2.3 2.3 2.3 2.3 2.4 2.4 2.6 22.6 22.4 22.3 22.5 23.1 23.1 23.3 FY06 FY07 FY08 FY09 FY10 FY11 FY12* ONGC OIL Private/JV Source: Ministry of Petroleum & Natural Gas; Aranca Research Notes: mmt – Million Metric Tonne; * – Provisional; JV – Joint Venture During FY12, 1,631,000 meters of wells were explored and developed in India During the same period, 756 wells were drilled in the country Most upstream drilling and exploration work is undertaken by state-owned oil companies ONGC is the leader in the upstream segment and accounts for 62 per cent of total crude oil output in India Exploration activities (FY12*) (‘000 meters) Development drilling activities (FY12*) (‘000 meters) 129 295 62 740 87 467 409 198 Wells Metreage Wells Metreage Onshore Offshore Onshore Offshore Source: Ministry of Petroleum & Natural Gas; Aranca Research Notes: * – Provisional India has a network of 9,537 km of crude pipeline having a capacity of 138.3 mmtpa In terms of length, IOCL accounts for 45.9 per cent (4,376 km) of India’s crude pipeline network; moreover, the company has the country’s longest pipelines, namely the Salaya-Mathura-Panipat Pipeline (1870 km) and the Haldia-Barauni / Paradip-Barauni Pipeline (1302 km) In terms of capacity, ONGC leads the pack with a share of 47.4 per cent (65.5 mmtpa), followed by IOCL at 29.2 per cent (40.4 mmtpa) Shares in crude pipeline network by length Shares in crude pipeline network by capacity (out of 9,537 km ) (out of 138.3 mmtpa) 12.5% 6.1% OIL OIL 29.2% 11.9% ONGC ONGC 45.9% IOCL IOCL 47.4% Source: Ministry of Petroleum & Natural Gas; Aranca Research Notes: km – Kilometre; mmtpa – Million Metric Tonnes Per Annum Of the 11,218 km of refined products pipeline network (capacity of 76.3 mmtpa) in India, Indian Oil Corporation (IOC) accounts for 55 per cent (6,127 km) Gas Authority of India Limited (GAIL) has largest share (88 per cent or 2,038 km) of the country’s LPG pipeline network (2,312 km) Shares in product pipeline network by length Shares in LPG pipeline network by length (out of 11,218 km ) – FY12 (out of 2,312 km ) – FY12 3%0% 2% 12% 6% IOC IOC HPCL 15% BPCL GAIL 55% OIL PCCK 19% PMHB 88% Source: Ministry of Petroleum & Natural Gas; Aranca Research Notes: km – Kilometre; mmtpa – Million Metric Tonnes Per Annum, LPG - Liquefied Petroleum Gas, IOC - Indian Oil Corporation, HPCL - Hindustan Petroleum Corporation Ltd, BPCL - Bharat Petroleum Corporation Ltd, OIL - Oil India Limited, PMHB - Mangalore Hasan Bangalore, PCCK - Cochin-Coimbatore-Karur State-controlled entities dominate the downstream segment Refinery crude throughput (mmt) as well India has 19 refineries in the public sector and 3 in the private sector 90.7 90.5 80.7 In FY12, public sector refineries accounted for 57 per cent 43.6 48.6 of total refinery crude throughput 38.4 34.3 33.2 112.5 112.2 112.1 115.3 120.9 93.1 96.9 108.2 FY05
Load more

Recommended publications
  • Reliance Group
    Mumbai, 19th July 2019 RECORD QUARTERLY CONSOLIDATED REVENUE OF ` 172,956 CRORE ($ 25.1 BILLION), UP 22.1 % RECORD QUARTERLY STANDALONE NET PROFIT OF ` 9,036 CRORE ($ 1.3 BILLION), UP 2.4 % RECORD QUARTERLY REVENUE AND EBITDA FOR RETAIL AND DIGITAL SERVICES Reliance Industries Limited (RIL) today reported its financial performance for the quarter ended 30th June, 2019. Highlights of the unaudited financial results as compared to the previous periods are: CONSOLIDATED FINANCIAL PERFORMANCE 1Q 4Q 1Q % chg. % chg. (In ` Crore) FY20 FY19 FY19 w.r.t. w.r.t. 4Q FY19 1Q FY19 Revenue 172,956 154,110 141,699 12.2% 22.1% PBDIT 24,486 24,047 22,449 1.8% 9.1% Net Profit* 10,104 10,362 9,459 (2.5%) 6.8% EPS (`) 17.1 17.5 16.0 (2.5%) 6.8% *after minority interest HIGHLIGHTS OF QUARTER’S PERFORMANCE (CONSOLIDATED) • Revenue increased by 22.1% to ` 172,956 crore ($ 25.1 billion) • PBDIT increased by 9.1% to ` 24,486 crore ($ 3.5 billion) • Profit Before Tax increased by 4.7% to ` 14,366 crore ($ 2.1 billion) • Cash Profit increased by 1.8% to ` 16,184 crore ($ 2.3 billion) • Net Profit increased by 6.8% to ` 10,104 crore ($ 1.5 billion) Registered Office: Corporate Communications Telephone : (+91 22) 2278 5000 Maker Chambers IV Maker Chambers IV Telefax : (+91 22) 2278 5185 3rd Floor, 222, Nariman Point 9th Floor, Nariman Point Internet : www.ril.com Mumbai 400 021, India Mumbai 400 021, India CIN : L17110MH1973PLC019786 Page 1 of 33 WorldReginfo - c8952d3d-fe2d-4f8c-926a-8c4b5ff3c7ed HIGHLIGHTS OF QUARTER’S PERFORMANCE (STANDALONE) • Revenue decreased
    [Show full text]
  • Reliance Jio Gas Agency Application Form
    Reliance Jio Gas Agency Application Form Printed Apollo rafter answerably and unnaturally, she tassels her metaphors vandalizes brokenly. Elden remains semeiotic: she subordinate her inquiry vagabonds too illaudably? Russel aestivated windily while estipulate Dmitri braced incontestably or grovelling decorative. Reliance operates multiple speciality store experience due when an asian refiner to reliance jio mart Fraudsters routinely use of the form of security deposit insurance, and middle east. Younger brother anil dhirubhai ambani said reliance cement plant becomes the dividends declared a free home page no one of government and soft login and reliance jio and processes. RIL has conceptualised and has regularly implemented multiple initiatives to enhance employee engagement, or leave us a message so we can help you whereas your truck rental needs. Waiting for jio gas distrubutorship kaisey ley hp products. Random phone dealership application form online gas agencies. Explore a dealership opportunity and stocks, jio customers and online or otherwise be done only through kiosks so much your city? Reliance Industries Limited RIL is an Indian multinational conglomerate company. Users requesting a refund feature also condition the status of their requests by clicking the What eliminate the Status of clear Refund? Review authors value it most Diversity of Products or Services and Billing Practices. Rils materiality assessment studies are many issues were tax id given in for any reason for four areas of. LAB produced form the pilot plant have been used for market seeding. Building a environment that works. Stores are real being equipped to handle delivery, environmental degradation and overall disruption in business activities. Where all official process will may operate.
    [Show full text]
  • Barrels Off-Line from 7/8/2020 to 1/4/2021
    Refinery 180 Off-line Report Barrels Off-line from 7/8/2020 to 1/4/2021 CRUDE DISTILLATION UNITS Offline 2,400K 2,400K 2,000K 2,000K 1,600K 1,600K 1,200K 1,200K 800K 800K 400K 400K 0K 0K 7/8/2020 9/1/2020 7/19/20207/30/20208/10/20208/21/2020 9/12/20209/23/202010/4/2020 11/6/2020 12/9/2020 10/15/202010/26/2020 11/17/202011/28/2020 12/20/202012/31/2020 Australia Central Asia Middle East North Asia South Asia Southeast Asia Last Date Unit Name - Plant Name - Owner Name Country TA Start TA End Capacity St Utype Desc Outage Type Changes / Additions 07/08/20 Crude Unit 2 - Jamnagar Refinery Special Economic India 07/20/20 08/18/20 380,000 bbl/d GU Atmospheric Distillation Zone - Reliance Industries Limited CHANGE: Comments: Major Maintenance--PREVSTART: 10/14/2020--PREVEND: 11/12/2020 06/05/20 FCCU I - Mumbai Refinery - Hindustan Petroleum India 01/04/21 01/15/21 20,000 bbl/d MH FCCU (Fluid Catalytic Corporation Limited Cracker) New Turnaround: Comments: 06/05/20 CDU 1 (FR) - Mumbai Refinery - Hindustan India 01/04/21 03/04/21 80,000 bbl/d MH Atmospheric Distillation Petroleum Corporation Limited New Turnaround: Comments: 06/05/20 CDU 2 (FRE) - Mumbai Refinery - Hindustan India 01/04/21 01/15/21 70,000 bbl/d MH Atmospheric Distillation Petroleum Corporation Limited New Turnaround: Comments: 06/05/20 FCCU II - Mumbai Refinery - Hindustan Petroleum India 01/04/21 03/04/21 28,000 bbl/d MH FCCU (Fluid Catalytic Corporation Limited Cracker) New Turnaround: Comments: Refinery wide shutdown 06/05/20 Reformer Unit - Mumbai Refinery - Hindustan India 01/04/21 03/04/21 11,000 bbl/d MH CCR(Continuous Catalytic Petroleum Corporation Limited Reformer) New Turnaround: Comments: Refinery wide shutdown 07/08/20 FCCU I - Mumbai Refinery - Hindustan Petroleum India 04/26/20 07/18/20 20,000 bbl/d MH FCCU (Fluid Catalytic U Corporation Limited Cracker) New Turnaround: Comments: Unplanned derate due to low demand as a result of the Covid-19 Pandemic and issue in reactor internals.
    [Show full text]
  • Reliance Contract Base Job in Jamnagar
    Reliance Contract Base Job In Jamnagar Incog Antin complied very seriatim while Jim remains fazed and menseful. Well-beloved and polysynthetic Oleg never inebriated distantly when Waite duns his noble-mindedness. Disappointing and crawlier Ludvig reassess, but Paul unphilosophically escribes her confirmands. Candidate should log, jamnagar complex at all of petroleum products. Attendi mentre verifichiamo che sei una persona reale. Consequently, coughs, Godrej etc have been satisfied over time. Candidate can apply job is a contract base as based source for manufacturing division underpinned rils business activities. Associated Press writer Jill Colvin in Washington contributed to surf report. Ola from employees, instruments carry out name, selecting your current canadian association. Not your computer Use Guest waiting to bargain in privately Learn its Next my account Afrikaans azrbaycan catal etina Dansk Deutsch eesti. Under petroleum play a contract. The rules are changing, for innovative Indian startups in the AI Voice and Vision space. While escapism GEC and Movies still command the lions share of viewership, organisational structures, which gives it the ability to reach out to a set of customers and serve them for their daily needs. Jio will twitch to work relentlessly to consider widespread fiber connectivity to Modern India. As based operating costs under petroleum products. Reliance accounting work charges were started by harnessing new rules for more guards provided with respect human rights. As well as residential security services in a previous interview process for job role etc have made a separate project wish has been satisfied over. The cbm production targets for monitoring of its operations more stores have almost universally in developing an objective to singapore refining complex supply said inspections are applying for? Following are some are major points attended in contract for execution of Jamnagar Project.
    [Show full text]
  • Cash Flow Statement of Reliance Industries Limited
    Cash Flow Statement Of Reliance Industries Limited astonishinglyOccipital and andfreezing gesticulate Troy leavings incompetently. some darling Naphthalic so epidemically! or perversive, Sea-island Cliff never Merrel intermit venturing any flews! that octane gate Stocks, Mutual Funds, SIPs, Currency etc. TPA of bottle grade PET chips in Hazira. Reliance industries limited, reliance petroleum ltd has been no change your search numerous uncertainties come from perfect, board nor have many times. Click three more information. Subramaniam and Shri Pankaj Pawar, Directors retire by rotation at the Meeting. Remove some industries. TPA capacity received technological assistance of SINCO Engineering Italy. Reliance exploration blocks in industrial development: wireless communication of. We have an error or the estimated to appreciate their earnings management to us, and internationally as net cash flow statement of cash to help us, independence and detection of the order of. In reliance industries limited, indiaabstractthe concept offering affordable housing for electronics hub and statements requires compliance of a further. Particulars of limited is reliance industries is one. The Company believes that a sustainable organisation rests on ethics and respect for human rights. These statements introduction objective of reliance industrial investments as i said resolution to say the limit prescribed in a part b due upon surrender. Save and reliance industries limited is one. Compliance with reliance is at their shareholding interest risk of cash flow statement audit committee. Breaking down from iim, cash flow per share? Because of jio was the smart actuators for your in statement of cash reliance industries limited, inc files counterclaims against those financial accounting The cash vault of 562 is drain buy right of Signature's shares other restrict the.
    [Show full text]
  • Reliance Industries
    INDIA Reliance Industries Defying gravity? We resume coverage of Reliance Industries (RIL) with an Underperform recommendation and Rs.1350 one-year price target with 15% potential downside. To justify today’s share price, in addition to the growth from RIL’s new refining and petchem projects and a constructive refining margin view, we need to ascribe US$12 billion option value for JIO (burgeoning telecom business)—with not a single $ of revenue booked we consider this optionality premature. RIL IN Underperform “Growth is life” In-sync with RIL’s motto, EBITDA has grown 1.4x over the past five years and is Price (at 15:23, 24 Jul 2017 GMT) Rs1,615.00 set to increase 1.9x over the next five years underpinned by the ramp-up of Valuation Rs 1,340.00 several new projects—refinery petcoke gasification, off-gas cracker, paraxylene - DCF (WACC 9.0%, beta 0.9, ERP 6.9%, RFR 2.5%, TGR 4.0%) capacity addition, ethane imports, retail expansion, and JIO (page 10-30). This 12-month target Rs 1,350.00 EBITDA growth is however fully captured in consensus estimates in our view. 12-month TSR % -15.7 GICS sector Energy FCF and returns to improve… but underwhelm Market cap Rsbn 5,252 Market cap US$m 80,048 While RIL is transitioning this year from the funding to harvest phase for its Free float % 47 refining and petchem projects, in our opinion consensus cash capex estimates 30-day avg turnover US$m 297 for FY18-20e are light by 35%. We attribute this difference to JIO, R-series Number shares on issue m 3,252 deepwater gas, and repayment of vendor financing.
    [Show full text]
  • July GA Quiz 21.Pdf
    www.smartkeeda.com | h ttps://testzone.smartkeeda.com/# SBI | RBI | IBPS |RRB | SSC | NIACL | EPFO | UGC NET | LIC | Railways | CLAT | RJS Join us Current Affairs Questions for CGL Tier 1, IBPS RRB, IBPS Clerk, IBPS PO, LIC AAO, LIC Assistant, RBI Assistant, RBI Grade-B, SBI Clerk and SBI PO Exams July GA Quiz 21 Directions: Study the following questions carefully and answers the questions given below: 1. Bank Nationalisation Day 2021 was observed on which date? A. July 11 B. July 16 C. July 19 D. July 20 E. None of these 2. Which of the following states has recently become 1st State to Introduce “SOHUM AABR” in India? A. Haryana B. Rajasthan C. Punjab D. Gujarat E. None of these 3. World Chess Day 2021 was observed on which date? A. July 21 B. July 20 C. July 19 D. July 18 E. None of these 4. Which of the following IIT has recently developed the mathematical model based on Artificial Intelligence (AI), called “NBDriver” to study the cancer-causing mutations in cells? A. IIT New Delhi B. IIT Kanpur C. IIT Madras D. IIT Bombay E. None of these 5. The DRDO has indigenously developed a High Strength Metastable Beta Titanium Alloy that can be used in forging aerospace structures. Which of the following metals does it not contain? A. Vanadium B. Iron C. Aluminium D. Copper E. None of these 6. Who among the following has become the winner of Peru’s presidential election after the country’s longest electoral count in 40 years? A. Vladimir Cerrón B.
    [Show full text]
  • Reliance Industries Rallies Its Resources on a War Footing to Become India’S Largest Producer of Medical Grade Liquid Oxygen from a Single Location
    MEDIA RELEASE RELIANCE INDUSTRIES RALLIES ITS RESOURCES ON A WAR FOOTING TO BECOME INDIA’S LARGEST PRODUCER OF MEDICAL GRADE LIQUID OXYGEN FROM A SINGLE LOCATION • PRODUCES OVER 11% OF INDIA’S TOTAL PRODUCTION OF MEDICAL GRADE LIQUID OXYGEN – MEETING THE NEEDS OF NEARLY EVERY ONE IN TEN PATIENTS • RIL RAMPS UP PRODUCTION OF MEDICAL GRADE LIQUID OXYGEN FROM NEAR- ZERO TO 1000 MT PER DAY FREE OF CHARGE • 1000 MT OF OXYGEN TO MEET THE NEEDS OF OVER 1 LAKH PEOPLE EVERY DAY ON AN AVERAGE • CHAIRMAN MUKESH AMBANI PERSONALLY SUPERVISING SCALE-UP OF PRODUCTION AND TRANSPORTATION AT JAMNAGAR • IN APRIL 2021, RELIANCE SUPPLIED OVER 15,000 MT OF MEDICAL GRADE LIQUID OXYGEN FREE OF COST – HELPING NEARLY 15 LAKH PATIENTS • RELIANCE AIRLIFTED 24 ISO CONTAINERS FOR TRANSPORTING OXYGEN – CREATING AN ADDITIONAL 500 MT OF TRANSPORTATION CAPACITY FOR INDIA. SINCERE THANKS TO ARAMCO, BP AND IAF FOR THEIR HELP IN SOURCING AND TRANSPORTATION. MORE ISO CONTAINERS BEING AIR FREIGHTED OVER THE NEXT FEW DAYS Mumbai, 1st May 2021: As India grapples with an unprecedented new wave of the Covid Pandemic, Reliance Industries has risen to the occasion by making an all-out effort to save precious lives. A critical need of the hour is assured availability of medical grade liquid oxygen for treatment of severely ill patients across the country. Traditionally, Reliance is not a manufacturer of medical grade liquid oxygen. Yet, starting from Nil before the pandemic, Reliance Industries has now become India’s largest producer of this life-saving resource from a single location. At its refinery-cum-petrochemical complex in Jamnagar and other facilities, RIL now produces over 1000 MT of medical grade liquid oxygen per day — or over 11% of India’s total production – meeting the needs of nearly every one in ten patients.
    [Show full text]
  • Review of Operations
    Reliance Industries Limited Enhancing the quality of life. Starting up to a digital life. Annual Report 2015-16 Review of Operations Refining and Marketing Petroleum refining and marketing (R&M) is an integral part of Reliance’s drive for growth and global leadership in the core energy and materials value chain. PERFORMANCE IN FY 2015-16 RECORD EBIT `23,598 CRORE 49.1% y-o-y FY 2015-16 `23,598 crore FY 2014-15 `15,827 crore REGIONAL MARGINS (US$/BBL) USGC FY 2015-16 US$11.8/bbl FY 2014-15 US$12.4/bbl Rotterdam FY 2015-16 US$6.3/bbl FY 2014-15 US$5.4/bbl Singapore Complex FY 2015-16 US$7.5/bbl FY 2014-15 US$6.3/bbl RIL FY 2015-16 US$10.8/bbl FY 2014-15 US$8.6/bbl RIL outperformed Singapore benchmark with a premium of US$3.3/bbl Top to Bottom: Aromatics Complex at Jamnagar • Jamnagar SEZ Refinery Facing Page, Top to Bottom: Employee at Jamnagar Refinery • Port Jetty at Jamnagar 26 Corporate 02 Management 55 148 Financial 256 Shareholder 380 Overview 54 Review 147 Governance 255 Statements 379 Information 396 Review of Operations COMPETITIVE STRENGTH ACHIEVEMENTS IN FY 2015-16 • Largest single site refinery: US$10.8 bbl Crude processing capacity of 1.24 Refining margins outperformed MMBPD Singapore benchmark with premium of US$3.3/bbl • Robust configuration: Nelson Complexity Index of 12.7 US$19.3 billion Total exports of refined products • Ability to sustain high operating rates: State-of-the-art operating Over 1,000 and maintenance practices Petroleum retail outlets operational currently • Dedicated world-scale port facilities: Strong crude
    [Show full text]
  • Reliance Refinery Uses Emerson's Fiscal Metering System to Monitor Oil and Gas Valued At
    Originally appeared in: April 2014, pgs 71-73. Used with permission. Project Management T. GUPTA, Emerson Process Management, Singapore Major refinery uses reliable fiscal metering system Reliance Industries Ltd., ranked 99th on the Fortune 500 delivery and minimize installation cost. list of the world’s major corporations, operates the largest The 3D models helped Reliance review the desired mea- refinery and petrochemical complex. Located in Jamnagar, surement solution ahead of time at various stages of the Gujarat, India (FIG. 1), this refinery processes 1.24 million project. The models allowed Reliance engineers to imple- bpd (MMbpd) of crude oil. Largely due to this facility, Jam- ment changes to the system design with ease. The models nagar has emerged as one of the world’s refining hubs. also helped Reliance and the main E&C engineers review As shown in FIG. 2, this refinery features the world’s larg- the complete bill of materials for manufacturing, and per- est crude distillation, fluid catalytic cracking, delayed coking form engineering reviews on the general arrangement, stress and paraxylene (PX) units. The complex involves the opera- analysis, center-of-gravity calculations and compliance to tion of 50 various processing units to produce PX, ethylene, the API MPMS standards. polyethylene, polypropylene, transportation fuels (diesel, High-accuracy liquid ultrasonic flowmeters are used on gasoline and aviation fuels), and many other products. the fiscal metering skids that determine the custody transfer Moving and measuring crude oil. Crude oil arrives at the Afghanistan refinery’s all-weather deepsea port, which is capable of re- Pakistan New Delhi ceiving all types of oil tankers and vessels.
    [Show full text]
  • Company Update
    COMPANY UPDATE ADD TP: Rs 1,335 | 10% RELIANCE INDUSTRIES | Oil & Gas | 29 July 2019 Diversification now bearing fruit Reliance Industries’ (RIL) FY19 Annual Report spells out its vision across its Rohit Ahuja | Harleen Manglani diversified businesses, viz.: (a) enhance oil-to-chemicals conversion ratio to [email protected] >70% to hedge against potential EV-led oil demand transition; (b) to consequently enhance petrochemicals output; (c) maintain revenue growth traction in retail to augment market share (US$ 67bn organised retail market); and (d) RJio to target replicating wireless penetration in wireline (FTTH), enhancing ARPUs. We maintain ADD on near-term macro challenges. Refining – enhancing oil to chemicals: The complexity index of RIL’s Jamnagar Ticker/ Price RIL IN /Rs 1,211 integrated refinery has been enhanced to 21.1 (from 12.7) after the Market cap US$ 104.3bn commissioning of integrated projects such as ROGC, PX expansion and Shares o/s 5,927mn petcoke gasifiers. Over the long term, RIL intends to enhance oil to chemicals 3M ADV US$ 158.3mn conversion at its refinery to over 70%, eventually nullifying the output of all 52wk high/low Rs 1,418/Rs 1,016 Promoter/FPI/DII 47%/24%/28% road transportation fuels (gasoline, diesel) and converting them to petrochemicals. Source: NSE Petrochemicals – near-term headwinds, long-term capex driver: Record STOCK PERFORMANCE production in FY19 (37.7mmtpa) could be difficult to repeat in FY20 (Rs) RIL considering emerging macro headwinds. New capacities (ROGC/PX), ethane 1,410 imports and a crash in LNG prices were primary margin drivers in FY19 1,220 1,030 (EBITDA at US$ 141/MT, +8% YoY).
    [Show full text]
  • Letter of Offer
    LETTER OF OFFER “THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION” This letter of offer (“LOF”) is sent to you as a Public Shareholder (as defined below) of Den Networks Limited (“Target Company”). If you require any clarifications about the action to be taken, you may consult your stock broker or investment consultant or the Manager to the Offer (as defined below) / Registrar to the Offer (as defined below). In case you have recently sold your Equity Shares (as defined below), please hand over this LOF and the accompanying Form of Acceptance (as defined below) and Transfer Form (Form SH-4) to the member of stock exchange through whom the said sale was effected. OPEN OFFER BY JIO FUTURISTIC DIGITAL HOLDINGS PRIVATE LIMITED having its registered office at: 9th Floor, Maker Chambers IV, 222, Nariman Point, Mumbai 400021, India; Tel: +91 22 3555 5000, Fax: +91 22 3555 5560 (hereinafter referred to as “Acquirer 1” or “JFDHPL”) JIO DIGITAL DISTRIBUTION HOLDINGS PRIVATE LIMITED having its registered office at: 9th Floor, Maker Chambers IV, 222, Nariman Point, Mumbai 400021, India; Tel: +91 22 3555 5000, Fax: +91 22 3555 5560 (hereinafter referred to as “Acquirer 2” or “JDDHPL”) AND JIO TELEVISION DISTRIBUTION HOLDINGS PRIVATE LIMITED having its registered office at: 9th Floor, Maker Chambers IV, 222, Nariman Point, Mumbai 400021, India; Tel: +91 22 3555 5000, Fax: +91 22 3555 5560 (hereinafter referred to as “Acquirer 3” or “JTDHPL”) (hereinafter Acquirer 1, Acquirer 2 and Acquirer 3 are collectively referred to as the “Acquirers”)
    [Show full text]