Page 15 - AsianOil Week 23

AsianOil NEWS IN BRIEF AsianOil

SOUTH ASIA

IndianOil refineries
throughput crosses 80% as

products demand increases

The crude oil throughput of IndianOil
refineries crossed 80% as on date, with include capacity expansion at Barauni, dispensing infrastructure across the country.
consumption of all petroleum products including petrochemicals complex; ethylene PETRONET LNG, June 4, 2020
put together almost doubling in May ‘20 as glycol project at Paradip; expansion of
compared to April ‘20 levels. naphtha cracker at Panipat; and IndMax unit EESL, GAIL sign an MoU for
The Corporation has been able to gradually at Bongaigaon. Work has also resumed on
raise the throughput of its refineries from major pipeline projects, including the Paradip- Trigeneration projects
about 55% of rated capacity in the beginning Hyderabad products pipeline; augmentation
of May ‘20 to about 78% by the month end, of Paradip-Haldia-Durgapur LPG pipeline GAIL (India) Limited and Energy Efficiency
and 83% as on date. Capacity utilisation of the and its extension to Patna and Muzaffarpur; Services Limited (EESL) have signed a
refineries had dropped to almost 39% in the and the Ennore-Tiruvallur-Bangalore- Memorandum of Understanding (MoU) today
beginning of Apr.’20. Pondicherry-Nagapattinam-Madurai- in New Delhi for cooperation in development of
With Guwahati Refinery coming online Tuticorin R-LNG pipeline. Pipeline laying Trigeneration projects in India.
after maintenance shutdown, IndianOil and other activities under city gas distribution The MoU aims at building a closer strategic
refineries are geared to operate at about 90% resumed in 11 Geographical Areas. Work has partnership between the two companies by
of their capacities this month, as products also restarted on other projects like grassroots jointly exploring business opportunities in
demand in the market increases, together with LPG bottling plants, upcountry terminals/ Trigeneration business segment in India.
strategic product exports. depots and additional facilities/tankage at Under this MOU, GAIL & EESL shall jointly
While the consumption of all petroleum existing bulk storage locations. undertake studies and if found viable, 50:50
products put together almost doubled in May INDIANOIL, June 10, 2020 joint venture between GAIL & EESL will be
‘20 compared to April ‘20 levels, growth of incorporated for undertaking Trigeneration
petrol was higher at about 70% and diesel Petronet welcomes projects. Shri Santanu Roy, Executive
at 59%. Compared to May ‘19, or the early Director (Business Development & Project
months of the current year prior to the PNGRB’s decision on LNG Development) signed the MoU on the behalf
lockdown, the growth percentage has still to of GAIL, while Shri Amit Kumar Kaushik,
catch up by 24% to 26% for all products. In dispensing stations Executive Director (Strategic Growth)
the case of LPG, with the Corporation rolling inked the MoU on the behalf of EESL in the
out about 25 lakh cylinder refills a day, the Petroleum Natural Gas Regulatory Board presence of Shri Manoj Jain, C&MD - GAIL
average backlog is less than a day. (PNGRB) in its public notice on 2nd June and Shri Saurabh Kumar, MD - EESL through
Along with growing consumption of white 2020 announced that any entity can set video conference.
oils petrol and diesel (except ATF, which is up an LNG station in any Geographical Trigeneration or Combined Cooling, Heat
still lagging at about 24% of normal level), the Area (GA) or anywhere else, even if it and Power (CCHP) typically involves natural
demand for black oils and specialty products is not the authorised entity for that GA. gas-fired generators to produce electricity.
like fuel oil, bitumen, petcoke and sulphur has This clarification by the PNGRB has The waste heat from flue gas is recovered to
also shown marked improvement, facilitating been wholeheartedly welcomed by PLL produce hot water / steam which in turn used
increase of refineries throughput. management. PLL being the pioneer and for heating purposes and also in absorption
With the gradual lifting in lockdown the largest LNG infrastructure company of chillers for cooling.
restrictions, several downstream industries India would like to facilitate LNG dispensing GAIL INDIA, June 4, 2020:
in the petrochemicals sector have resumed infrastructure across the country on major
operations from late April ‘20 and product national highways and invites OMCs, CGD
evacuation from refinery stocks has increased entities or any interested parties to partner up SOUTHEAST ASIA
gradually. With increase in demand, for this project.
IndianOil’s Naphtha Cracker at Panipat In these efforts, PLL has already launched Petronas enters Myanmar’s
is now operating at full capacity, along its first commercially registered LNG buses
with downstream units for production of and LNG dispensing stations at its Dahej gas market with first LNG
polypropylene, HDPE, LLDPE and MEG. and Kochi Terminals. These buses are
The polypropylene plant at Paradip Refinery deployed for commuting PLL employees delivery
has also gone online, while the PX/PTA at between their residence and work location
Panipat and the LAB unit at Koyali Refinery which demonstrates the safety of LNG as an Petronas through its subsidiary, Petronas LNG
continued to operate during the lockdown. automotive fuel and provides travel range Ltd (PLL), recently completed its maiden
IndianOil is on track to spend the of 900 km in a single filling. PLL is already delivery of liquefied natural gas (LNG) to
approved capital expenditure of Rs. 26,143 developing LNG dispensing infrastructure Yangon, Myanmar, with two LNG cargoes
crore for 2020-21. Work on almost 250 major along Delhi-Mumbai highway and has already delivered in May and June 2020. The delivery
projects has restarted on ground. Major floated a tender. With this clarification of the of the two LNG cargoes is part of a Master
refinery projects on which work has resumed PNGRB, PLL is encouraged to develop LNG Sale and Purchase Agreement between PLL

Week 23 11•June•2020 www. NEWSBASE .com P15