December 21, 2017: Indian refineries have been striving to extend the share of excessive sulphur (HS) crude of their total crude processing. However, for long, the share of HS crude has been stagnating within the range of 71-72 per cent . However in November 2017, HS share touched a excessive of 76.Three per cent, taking the common for April-November to 74.Four %. Click Column Special Database for details.
December 11, 2017: Petronet LNG Ltd (PLL), the general public sector-promoted non-public company, is a company marvel. Recently, PLL_s MD and CEO Prabhat Singh went on record stating that the 5 per cent equity stake within the liquefaction plant of RasGas it bargained for and acquired as a part of the LNG provide contract would have been worth $2 billion now towards the supplied value of $135 million. He has tried to put the blame on ONGC for not picking up the stake. Troublesome to believe that ONGC which has been buying oil and gas property in a few of the most insecure places in the world without even correctly assessing reserves (Imperial Energy Corporation_s asset) shied away from accepting such a pretty offer. Most likely, Singh was hinting at a colossal corruption masterminded by the PLL management in collusion with the Ministry of Petroleum and Natural Gas. www.indianoilandgas.com was the primary to expose the corruption 5 years ago. Click on Free Access column Petro Intelligence to read an exciting story.
If you have any inquiries regarding where by and how to use petrochemical Companies, you can speak to us at the site.
