Kakinada attracts GMR

Oil and Natural Gas Corp’s (ONGC) Kakinada project continues to attract investors despite questions about its viability.

The GMR group is the latest and is reported to have formally expressed interest in taking a stake in the refinery and petrochemical project. The board of Kakinada Refinery and Petrochemicals (KRPL) is due to meet today to decide on the stake sale.

ONGC has raised the capacity of the proposed refinery from 7.5m tonnes/year to 15m tonnes/year to improve its economics. A feasibility study is still on but the company has already asked the Andhra Pradesh government for fiscal incentives (exemption of sales tax, free power and water supply during construction and road/rail connectivity) to make the project financially viable.

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One Response to Kakinada attracts GMR

  1. D H PRANAY 24 June, 2008 at 12:39 pm #

    Your insights on biocides
    We are a National Gas Company in India. We require your insights on Various Biocides applications for Oil and Gas Industry
    - The major actives/formulations of biocides that are used for the above applications.
    1. Water Injection – (Apart from Aldehyde, Amine, Non-Aldehyde Non-Amine based products)
    2. Water Disposal – (Apart from Amine and Bromine based products)
    3. Other activities –

    - Any regulatory requirements governing Oil and Gas industry which will increase usage levels going forward

    - Past trends in usage of Biocides in Oil and Gas (Growth over last three years)

    - Norms of usage across the industry ( Usage methods – “x” gms of biocides on “y” MMSCMD of gas during production, transmission etc together )

    - Relevant demand drivers pertinent to your industry and an expected growth in its usage for Oil and Gas industry

    - Any problems that Oil and Gas companies continue to face in spite of using biocides

    - Is there a trend of replacement between the actives used? If so, which are the upcoming products?

    - The most widely used product/active for Oil and Gas Industry (Aldehyde)

    - Total annual usage of biocides worldwide.

    Kindly confirm the same at the earliest.

    Regards,

    D H PRANAY
    +919869282117

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