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Old March 13th, 2013, 02:47 AM   #21
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February 6th, 2013

रिफाइनरी के लिए मांगा नया पैकेज

Quote:
जयपुर। राजस्थान में प्रस्तावित रिफाइनरी की क्षमता 90 लाख टन की जा रही है और अब इसके लिए नया पैकेज बनेगा। रिफाइनरी एचपीसीएल की ओर से लगाए जाने की सम्भावना है। सूत्रों के मुताबिक पिछले सप्ताह मुम्बई में प्रमुख सचिव वित्त व पेट्रोलियम सचिव की एचपीसीएल के अधिकारियों के साथ पैकेज पर प्राथमिक स्तर की वार्ता हो चुकी है।

राहत पैकेज तय करने के लिए राज्य सरकार ने प्रमुख सचिव वित्त गोविन्द शर्मा व पेट्रोलियम सचिव सुधांश पंत को मुम्बई एचपीसीएल के मुख्यालय भेजा था। बैठक के आधार पर एचपीसीएल प्रस्ताव सरकार को भेजेगी। केबिनेट इसे पास करती है तो यह प्रस्ताव एचपीसीएल के पास जाएगा और वहां से वित्तीय मामलों की केन्द्र की समिति में पारित होने पर रिफाइनरी पर अंतिम मुहर लगेगी।

केंद्र को प्रजेन्टेशन

राजस्थान में बड़ी रिफाइनरी के लिए एचपीसीएल को भारत सरकार ने डिटेल फिजीबिलिटी रिपोर्ट तैयार करने को कहा था। एचपीसीएल पिछले दिनों इसका प्रजेन्टेशन भारत सरकार को दे चुकी है।


ये होंगे भागीदार...

रिफाइनरी में एचपीसीएल सहित चार भागीदार होंगे। एचपीसीएल की भागीदारी 50त्न से अधिक और 5त्न इंजीनियर्स इण्डिया लिमिटेड की होगी। शेष में राज्य सरकार व ओएनजीसी बराबर के हिस्सेदार होंगे।

मुम्बई में एचपीसीएल के अधिकारियों के साथ वार्ता हुई है। अंतिम निर्णय राज्य सरकार करेगी।
-सुधांश पंत, सचिव खान एवं पेट्रोलियम

3000 करोड़ सालाना

एचपीसीएल ने राज्य सरकार से करीब तीन हजार करोड़ सालाना 'इन्ट्रेस्ट फ्री लोन' की राहत मांगी है। 15 साल तक दी जाने वाली यह राहत राज्य सरकार को 40 हजार करोड़ की पड़ेगी। राज्य में पहले 45 से 60 लाख टन के बीच की रिफाइनरी लगनी थी। इसके लिए 16 हजार करोड़ का राहत पैकेज बनाया गया था। लेकिन अब क्षमता बढ़ा कर 90 लाख टन की जा रही है। इसके साथ पेट्रोकेमिकल कॉम्प्लेक्स भी लगेगा। इस पर 35 हजार से 40 हजार करोड़ रूपए लागत आ रही है। इसलिए एचपीसीएल सरकार से अधिक राहत मांग रही है।
सुनील सिंह सिसोदिया

source
रिफाइनरी : नया पैकेज प्रस्ताव फायदेमंद

Quote:
जयपुर.प्रदेश में लगने वाली रिफाइनरी के लिए एचपीसीएल नए इंसेंटिव पैकेज का प्रस्ताव ला रहा है जो राजस्थान के लिए फायदे का सौदा साबित होगा। इस प्रस्ताव में 9 मिलियन टन क्षमता की रिफाइनरी के लिए कच्चे तेल की स्थानीय स्तर पर उपलब्धता के अनुसार इंसेंटिव पैकेज के घटाने-बढ़ाने का प्रावधान शामिल किया जा रहा है। एचपीसीएल यह प्रस्ताव विभिन्न एजेंसियों की बनाई रिपोर्ट के आधार पर तैयार कर रहा है।

क्या होगा इंसेंटिव का स्वरूप :

पता चला है कि रिफाइनरी को उसके पूरे कार्यकाल तक मांग के अनुरूप स्थानीय स्तर पर ही कच्चा तेल मिलता रहेगा तो उसके लिए इंसेंटिव की मात्रा कम रहेगी। वहीं, जैसे ही रिफाइनरी को स्थानीय स्तर पर कच्चे तेल की मात्रा कम मिलेगी और बाहर से आयात करना होगा तो इंसेंटिव बढ़ता जाएगा। इससे पहले राज्य सरकार की ओर से घोषित पैकेज में 16-17 साल के लिए पेट्रोलियम उत्पादन पर दिए जाने वाले टैक्स को ब्याज मुक्त ऋण के रूप में देना तय था।

इसे कंपनी समय सीमा के बाद हर साल लौटाती। ब्याज मुक्त ऋण की स्थिति तो अब भी रहेगी, लेकिन इसकी मात्रा कितनी होगी, यह तय होना बाकी है।


राजस्थान को कैसे फायदा

प्रदेश के बाड़मेर सांचौर बेसिन में पेट्रोलियम के 7.3 बिलियन बैरल (757.44 मिलियन टन) के अप्रूव्ड भंडार हैं। इस भंडार का अगर 50 प्रतिशत ही दोहन किया जाता है तो भी 9 मिलियन टन सालाना क्षमता वाली रिफाइनरी को अगले 40 साल तक कच्चे तेल की आपूर्ति होती रहेगी।

ऐसे में प्रदेश को अतिरिक्त इंसेंटिव देने की स्थिति आने की संभावना नहीं के बराबर है। इस बात को पेट्रोलियम विभाग के सचिव सुधांश पंत भी मानते हैं। उनका कहना है कि फाइनेंशियल इंसेंटिव पर अभी कवायद चल रही है। अगर राजस्थान में पर्याप्त कच्चा तेल मिल जाता है तो देने वाला इंसेंटिव उसी अनुपात में कम हो जाएगा। यह इंसेंटिव पेट्रोलियम उत्पादन से मिलने वाले राजस्व के ब्याज मुक्त ऋण के रूप में हो सकता है या नकद के रूप में भी हो सकता है।

वैसे प्रदेश में भंडार पर्याप्त है और खोज का काम जारी है। ऐसे में और भंडार मिलने की संभावना से भी इनकार नहीं किया जा सकता। उल्लेखनीय है कि रिफाइनरी के लिए बाड़मेर जिले में तीन गांवों और ढाणियों की 8000 बीघा से अधिक भूमि पर अवाप्ति की कार्रवाई की जा रही है। पानी की व्यवस्था के लिए योजना तैयार हो रही है और सड़क बिजली के लिए काम जारी है।

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Old March 13th, 2013, 02:47 AM   #22
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February 22nd, 2013

रिफाइनरी के लिए एचपीसीएल को 3376 करोड़ का पैकेज मंजूर


Quote:
जयपुर.प्रदेश में रिफाइनरी लगाने के लिए मुख्यमंत्री अशोक गहलोत ने एचपीसीएल की मांग के अनुसार 3376 करोड़ रु. के वार्षिक वित्तीय प्रोत्साहन पैकेज को सैद्धांतिक मंजूरी दे दी है। यह पैकेज एचपीसीएल द्वारा वाणिज्यिक उत्पादन शुरू करने वाले वर्ष से 15 साल की अवधि के लिए होगा।

गुरुवार को मुख्यमंत्री गहलोत की इस संबंध में केंद्रीय पेट्रोलियम मंत्री वीरप्पा मोइली से फोन पर चर्चा हुई थी। इसके बाद लिखे पत्र में गहलोत ने कहा है कि राज्य सरकार ने इस परियोजना को व्यावहारिक बनाने के लिए वांछित गैप फंडिंग के लिए राज्य के व्यापक हित में यह ऐसा फैसला किया है, जो मील का पत्थर साबित होगा।

गहलोत ने अपने पत्र में मोइली से आग्रह किया कि वे अब एचपीसीएल को निर्देश दें कि राजस्थान में रिफाइनरी परियोजना को शीघ्र मंजूरी प्रदान करें। इसके अलावा यह भी आग्रह किया कि केंद्रीय पेट्रोलियम और गैस मंत्रालय से भी आवश्यक मंजूरी तुरंत जारी की जाए, ताकि रिफाइनरी परियोजना का काम शुरू किया जा सके।

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Old March 13th, 2013, 02:48 AM   #23
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March 4th, 2013

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Old March 13th, 2013, 02:49 AM   #24
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March 6th, 2013

Cairn to begin gas production from Rajasthan by March-end

Quote:
After giving the nation a massive oil discovery, Cairn India is now ready to begin natural gas production from its prolific Rajasthan block and has sought government approvals to begin sale to consumers by month end.

Cairn currently produces small volumes of natural gas along with crude oil from the fields in the Barmer basin block. The gas produced in used for power generation for internal consumption.

It, however, sees the resource base supporting commercial production of about 1 million standard cubic metres per day.

Anil Agarwal, Executive Chairman of Vedanta Resources, which owns majority stake in Cairn India, has written to Oil Minister M Veerappa Moily saying the company "will be ready to achieve sale of natural gas from the block in March 2013."

Cairn and its partner Oil & Natural Gas Corp (ONGC) "have been working towards ensuring development and commercial production of the natural gas resources in the block and have achieved substantial progress," he said.
Gas sales, he said, would begin upon "approval of price and gas allocation from Ministry of Petroleum and Natural Gas as per Gas Utilisation Policy.

The company has already sent a letter seeking approval of a price for the gas to the ministry on January 30, he said.

Agarwal invited Moily to the fields to inaugurate the sale of natural gas from the Rajasthan block.

Sources said Cairn is installing equipment to remove carbon-dioxide (CO2) from the gas before it is sold to consumers like power plants.

The companycurrently produces about 170,000 barrels per day of crude oil from Mangala and Bhagyam oilfields in the Rajasthan block. Mangala and Bhagyam are the biggest among the 25 oil and gas finds Cairn has made in the desserts of Rajasthan.

Aishwariya, the third biggest field, too is ready to begin production and will contribute about 10,000 bpd at peak.

Agarwal said the block had potential to reach 300,000 bpd of crude oil production besides holding substantial natural gas resources.

Cairn is seeking single window clearance for the Rajasthan project and plans to submit one integrated field development plan for all the finds instead of submitting

separate development plans for different discoveries.

Also, it wants work programme and investment budget to be approved for a rolling three years to provide continuity. Currently, the government approves yearly work programme and budget.

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Old March 13th, 2013, 02:50 AM   #25
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March 6th, 2013

HPCL to set up oil refinery in Rajasthan


Quote:
Jaipur: Rajasthan government and Hindustan Petroleum Corporation Ltd (HPCL) would sign an MoU on March 13 for setting up an oil refinery in the state.

Petroleum Minister M Veerappa Moily would also remain present on the occasion, official sources said here.

The decision to set up the refinery was taken today at the board meeting of HPCL in Delhi, following which Moily congratulated Chief Minister Ashok Gehlot, the sources said.

The oil refinery was a long pending demand of the state and it will be the biggest investment in the district and accelerate economic development besides generating employment opportunities.

The state government last month had given its nod in principal to provide a financial package of Rs 3,376 crore to set up the refinery.

source
Oil is well: Rajasthan gets Rs 36,000-cr refinery boost

Quote:
JAIPUR: In what will be the biggest ever investment in the state, the board members of Hindustan Petroleum Corporation Limited (HPCL) approved the Rajasthan government's proposal to set up the 19th oil refinery of the country in Barmer.

"The memorandum of understanding (MoU) to set up the refinery at Barmer will be signed in Jaipur on March 14 in the presence of Union minister of petroleum and natural gas Veerappa Moily," said a delighted state chief minister Ashok Gehlot. Talking to TOI, Gehlot said that the proposed refinery is a landmark achievement for the entire state and it will translate into revolutionary growth. "I immediately called Mr Moily and welcomed the decision," he added.

The estimated cost of the project is likely to be between Rs 36,000- Rs 40,000 crore. however the final figures will be revealed in MoU. "The refinery will have a production capacity of 9 million tonnes and the state will provide land for the project. Process of land acquisition is under way," said Sudhansh Pant, secretary, mines and petroleum.

source
BIG NEWS: राजस्थान को मिलेगी पेट्रोलियम रिफाइनरी

Quote:
जयपुर। हिंदुस्तान पेट्रोलियम कॉरपोरेशन लिमिटेड (एचपीसीएल) के बोर्ड ऑफ डायरेक्टर्स की मंगलवार को नई दिल्ली में हुई बैठक में राजस्थान में रिफाइनरी लगाने के प्रस्ताव को मंजूरी दे दी गई है। इस मंजूरी के बाद रिफाइनरी का प्रस्ताव पेट्रोलियम मंत्रालय को अनुमोदन के लिए जाएगा। मंत्रालय से मंजूरी मिलते ही राज्य सरकार और एचपीसीएल के बीच एमओयू की कार्रवाई होगी। संभावना है कि एमओयू अगले एक पखवाड़े में होने की उम्मीद है। बोर्ड ऑफ डायरेक्टर्स की बैठक की अध्यक्षता एचपीसीएल के सीएमडी एस.आर. चौधरी ने की।


राज्य के बाड़मेर में 9 मिलियन टन सालाना की क्षमता वाली रिफाइनरी लगना प्रस्तावित है। एचपीसीएल इस प्रोजेक्ट पर 37,230 करोड़ रुपए खर्च करने का प्रावधान कर रही है। इस राशि में लागत मूल्य बढऩे पर बढ़ोतरी संभव है। नवीनतम तकनीक वाले इस प्रोजेक्ट को रिफाइनरी कम पेट्रो केमिकल्स नाम दिया गया है।


रिफाइनरी लगने के बाद राज्य में 129 तरह के उत्पादों की सैकंडों औद्योगिक इकाइयां लग सकेंगी। इससे बाड़मेर, जोधपुर, पाली, जालौर और नागौर में औद्योगिक विकास हो सकेगा।

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Old March 13th, 2013, 02:51 AM   #26
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March 6th, 2013

Refinery will pave way for ancillaries' growth

Quote:
JAIPUR: The economy of the state is likely to increase in leaps and bounces once the refinery comes up. The petrochemical hub will not increase the revenue but will pave way for the growth of a large number of ancillaries in the region.

Till February for the financial year 2012-13, the state government has received revenues of Rs 4665 crore from oil and gas exploration and has already surpassed the targeted revenues of Rs 3,450 cr. However, with a refinery coming up, Rajasthan will start receiving 5% VAT which at present it losing in the absence of one.

"At present, we get 2% of central sales tax (CST) on exploration of crude oil. This has seen exponential rise since the beginning of exploration from 2009. But unfortunately, with no refinery in the state, all the oil was going to other states and Rajasthan was losing revenues from VAT," an official source said.

Once a refinery is set up, 2% of CST will be replaced by 5% of VAT and moreover the government will also receive other taxes. Eith the possibility of churning out high-end petrochemical byproducts in the refinery, many ancillaries are expected to come in the periphery of the refinery.

"Almost 150 km of area around the plant will become a major investment zone. This is going to be the biggest advantage for us and very soon, the desert will stir with gold," industries minister Rajendra Pareek said.

Biggest gain for gehlot

A day before the annual budget, approval of the refinery at Barmer has come as a major feat for chief minister Ashok Ghelot. With an eye on assembly polls, the CM has left no stone unturned to bring the plant to the state.

"It was the consistent effort of Gehlot that has made it possible. There were many setbacks but he was confident about it. So, if anyone person is to be credited, it is Ashok Gehlot," said industries minister Rajendra Pareek. "It will now be the major plank on which party will go in assembly election," members of the Gehlot cabinet said.

To push the case and press Rajasthan's claim for refinery, Gehlot had earlier met Prime Minister Manmohan Singh, UPA chairperson Sonia Gandhi and was in constant touch with the Union minister for petroleum minister, Verappa Moliy. "The project is likely to improve the poll prospects for the ruling party and has certainly improved the ratings of the CM. It is the single biggest investment which overshadowed other failures of the government on the front of industrialization in Rajasthan," said Harish Gupta, a city-based entrepreneur.

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Old March 13th, 2013, 02:57 AM   #27
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Today

Hindustan Petroleum Corporation Limited, ministry officials to arrive in Jaipur today

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JAIPUR/JAISALMER: Officials from the Union ministry of petroleum and natural gas and Hindustan Petroleum Corporation Limited (HPCL) will start arriving in Jaipur on Wednesday ahead of the signing of the memorandum of understanding (MoU) for the impending refinery at Barmer. The pact is set to be signed on March 14 in the presence of top ministry and HPCL officials.

Veerappa Moily, Union minister for petroleum and natural gas, will reach the state capital on Wednesday evening while S Roy Choudhary, chairman and managing director of HPCL will arrive in morning.

On the occasion, chief minister Ashok Gehlot will host a dinner for the dignitaries on Wednesday. MPs from the state along with MLAs are expected to join the dinner.

The refinery deal will be inked between Rajasthan government and HPCL, the main promoter, on Thursday.

"A formal event is organized on March 14 at the Chief Minister's Office where representatives of HPCL will give a short presentation on the refinery and petrochemical complex," said Sudhansh Pant, secretary, mines and petroleum.

The HPCL is likely to hold 74% stake in the newly formed company and will be the main promoter. The state government, so far, has agreed to have equity of 26%. It has been agreed in principle that in future any of the two stake holders can dilute their stakes, paving for few more minority shareholders.

Meanwhile, some voices of protest have emerged from Barmer against the ongoing land acquisition for the refinery.

On March 15, a day after signing of the agreement, a mahapanchyat has been called in the district, to be attended by farmers from Leelana, Janduon ki dhani, Nayeeon ki dhani, Kolu leelasar and Moodho sutharon ki dhani areas.

"If government wants to set up a refinery, it should find a separate place. Already, mutation of this land has taken place and now we will not allow land acquisition," said Khumaram, a farmer leader.

Officials reviewing the land acquisition process played down the protests and claimed the drive is going smoothly. "In a big-scale project like this, there will some voices of dissent. So far, we have not faced any challenge and all farmers are co-operating the administration," an official said.

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Old March 13th, 2013, 03:02 AM   #28
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Barmer set for transformation with Rajasthan's first refinery

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Jaipur, March 12 — Rajasthan's backward Barmer district, known for its folk music, dances and camels and which is part of the arid Thar desert, is set for a transformation with a Rs.37,000 crore 9 million tonnes per annum refinery and petrochemical complex, a memorandum of understanding (MoU) for which is to be signed here Thursday.

This will be Rajasthan's first refinery and taking into account the ancillary industries that are likely to come up, the total investment could be in the region of Rs.70,000 crore, while "thousands of jobs would be generated", a Rajasthan government official said.

The board of the Hindustan Petroleum Corporation (HPCL), which will execute the project had approved it March 5 and will now sign the MoU with the Rajasthan government, which will partner the venture and acquire 9,610 bhigas (16,298,560 sq metres) for the refinery. It will process the crude discovered by Cairn India at its fields some 25 km away.

The refinery is located 55 km from Barmer town and 150-175 km from the India-Pakistan border as the crow flies. HPCL would also lay pipelines for both the feedsstock and the end product. The feeder would be roughly 30 km from the present Mangla Processing Terminal and the transporting pipeline would be roughly 100-150 km in length. The Mangala terminal carries crude from another Cairn field to Salaya, near Reliance's Jamnagar refinery.

It's early days yet to say when construciton will commence or production will begin, but already, the residents in Barmer, some 600 kilometers from Rajasthan capital Jaipur, have been distributing sweets in celebration.
"It is not just the investment from the HPCL. We expect great inflow of investment real estate, hospitality and other sectors in our region," Bhanwar Lal, a local businessman, told IANS.

A local public representative Jamna Devi Godara said that there are very few employment opportunities in this district.

"Barmer is considered one of the most backward districts in the state. However, this is going to change very soon with setting up of a refinery here. We have been bursting firecrackers and distributing sweets since the board of HPCL gave approval to the refinery," Jamna Devi said.

The refinery has come as a major victory for Rajasthan Chief Minister Ashok Gehlot, who had long been pitching hard for it.

"In spite of opposition from some corporate houses, even from a section in the union government, the chief minister has been able to bring this refinery. It really is a big victory for Ashok Gehlot. He relentlessly pursued it and was knocking on doors every where and finally his dream is going to come true," said Congress legislator Ratan Devasi.

Gehlot had met United Progressive Alliance chairperson Sonia Gandhi, Prime Minster Manmohan Singh, Petroleum Minister Veerappa Moily and several other union ministers over the past many months to pitch for the the Barmer refinery.

"I thank Sonia Gandhi, Manmohan Singh and Veerappa Moily for the refinery, which I think is set to change the complexion of the state especially of Barmer," Gehlot said.

"The refinery will not only bring lots of investment but also open up new and big opportunities of employment," he said, adding: "We are sure that there would also be investments in petroleum-based industries like polymers and in plastics once the refinery comes up."

Even some of Gehlot's vocal opponenets both in the Congress and the BJP have praised him for bringing the refinery in the state.

"We have to give credit to Gehlot for brining the refinery," said a BJP functionary on condition of anonymity.


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Old March 23rd, 2013, 05:40 PM   #29
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Cairn begins gas sales from Rajasthan block

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Cairn India on Saturday began natural gas sales from its prolific Rajasthan block on borders with Pakistan even as it put another oilfield in the area on production.

Oil Minister M Veerappa Moily and Rajasthan Ashok Gehlot turned the valves to begin natural gas sales from the Raageshwari field to a fertiliser plant in Gujarat.

Cairn and its 30 per cent joint venture partner Oil & Natural Gas Corp (ONGC) will initially produce about 5 million standard cubic feet per day (0.15 million standard cubic meters per day) of gas, which will go up to a maximum of 1 mmscmd by next year.

Besides, Cairn—ONGC joint venture started production from Aishwariya oilfield, third of the famous MBA (Mangala—Bhagyam— Aishwariya) discoveries in the block.

The field will initially add about 2,000 barrels per day to Rajasthan block’s current production of about 170,000 bpd.

At peak, the field will produce 10,000 bpd which may be achieved by end of the year.

Mangala, the largest of the 25 oil and gas finds Cairn has made in the Barmer desert block, was put into production in August—end 2009 and is currently producing about 150,000 bpd. Bhagyam, the second biggest find in the area, began producing last year and is currently doing about 20,000 bpd.

Cairn India CEO P Elango said the company can produce more “provided we get timely regulatory approvals.”

“We can make (this block) the largest producing field in the country,” he said.

Our gross Rajasthan development investment to date is more than Rs 18,000 crore and we intend to invest over Rs 6,000 crore in exploration and development activities during 2013—14.”

ONGC’s western offshore Mumbai High fields are the nation’s biggest oilfield with an output of about 240,000 bpd (12 million tonnes).

Cairn currently produces small volumes of natural gas alongwith crude oil from the fields in the Barmer basin block.

The gas produced in used for generating 48 MW of power that is used for internal consumption.

It, however, sees the resource base supporting commercial production of about 1 mmscmd.

Anil Agarwal, Executive Chairman of Vedanta Resources, which owns majority stake in Cairn India, said the company will bring technology and people to raise output.

Stating that India has abundant hydrocarbon resource, he said the Rajasthan block alone has potential to reach 300,000 bpd of crude oil production besides holding substantial natural gas resources.

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Old March 23rd, 2013, 05:44 PM   #30
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Cairn India to Invest $2 Billion to Raise Output

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BARMER, INDIA--Cairn India Ltd., 532792.BY -0.09% the operator of India's largest onland oil block, said Saturday it will invest $2 billion over the next few years as part of efforts to raise output by 71% from its oil fields in India's north western state of Rajasthan.

"The fields are currently producing around 175,000 barrels a day and have the potential to support production of 300,000 barrels a day. That would need such an investment," Chief Executive P. Elango told reporters.

Cairn India's investment and exploration plans will also help raise domestic crude and gas production, which is witnessing a declining trend as most of the country's producing fields are ageing.

The decline in the production of the fossil fuel has hurt key consumers such as power and fertilizer firms that have been forced to raise their imports. India imports more than 80% of its crude oil needs.

Oil minister Veerappa Moily said the government aims to cut the country's import dependence by half by 2020 and make it completely nil by 2030 and would encourage more private investment in the sector to boost local hydrocarbon output.

"I am trying to send a new natural gas pricing policy proposal and a shale gas policy proposal to the Cabinet in the coming days," Mr. Moily said at the same event. "This would help in raising local output."

India's crude oil output in February declined 4% and natural gas by 20%, underscoring the need for the country to look for ways for raising local output.

"Encouraging investment by making a transparent policy (on hydrocarbons) that would cut the time spent in seeking regulatory approvals for exploration activities would be one of such efforts in increasing local production," Mr. Moily said.

Cairn India said it has already invested 180 billion rupees in the oil fields and plans to spend another 60 billion rupees in the next financial year starting April 1.

The explorer Saturday started production at Aishwariya, the third-largest field in Rajasthan, and aims to reach 10,000 barrels of output at its peak.

Other fields operated by the Vedanta group company include the Mangala, Bhagyam and Saraswati fields. It also operates the Raageshwari gas field from where it Saturday announced the company's first-ever commercial sale of about 5 million standard cubic feet of gas at $5 million British thermal unit.

While Cairn India holds a 70% stake in the Rajasthan block, state-run Oil & Natural Gas Corp. 500312.BY -0.81% owns the remaining.

source
Cairn India outlines mega investment plan in Rajasthan

Quote:
Cairn India has committed to the oil ministry an upfront investment of USD 1.8-2.3 billion for increasing production at its Rajasthan Barmer field, reports Nayantara Rai of CNBC-TV18.

Cairn India will take petroleum minister Veerappa Moily to Rajasthan to inaugurate its gas business as well as the first oil from the Aishwarya field in Rajasthan on Saturday.

Our of the USD 2 billion investment, around USD 1.2-1.8 billion will be used for construction of new wells and USD 250 million each for pipeline augmentation and for one of its production facilities and around USD 150 million for its gas business.

In addition, Cairn India has also told the oil ministry that it will end FY14 with a production of 220 thousand barrels a day, which is 25 percent higher FY13 production.

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Old April 8th, 2013, 01:38 AM   #31
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Old April 9th, 2013, 03:03 PM   #32
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Cairn India finds oil again in Rajasthan’s Barmer basin

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Jaipur, April 9 (IANS) Vedanta group firm Cairn India Tuesday said it has made the 26th oil discovery in its RJ-ON-90/1 block in Rajasthan’s Barmer district.

Technical evaluations indicate nearly 10 metres of gross oil column within Dharvi Dungar sands in Raageshwari-Tukaram area, the company said in a statement.

“We are delighted with the 26th discovery in the block. This reaffirms our belief that an aggressive exploration drilling programme will help harness the full potential of the Barmer Basin in Rajasthan. This is a step closer towards reserve accretion through exploration led growth,” said Elango P, board member.

The discovery was made after the government allowed oil firms to conduct exploration activities in development blocks.

“The Management Committee approved the exploration work programme for the RJ-ON-90/1 block on 14 February, 2013, post which Cairn India, the Operator of the block, commenced the drilling of its first Exploration well, Raageshwari-South-1, on 25 February, 2013 located in the southern part of the block,” said the company.

Cairn India is primarily engaged in the business of oil and gas exploration, production and transportation. Average daily gross operated production was 205,014 boe (barrel(s) of oil equivalent) in Q3 FY2012-13. The company sells its oil to major refineries in India and its gas to both PSU and private buyers.

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Old April 9th, 2013, 11:44 PM   #33
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Rajasthan alone will be supplying 300,000 barrels by 2014! Amazing!
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Old April 15th, 2013, 04:25 AM   #34
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Old April 15th, 2013, 03:23 PM   #35
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so petrol price will come down ?
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Old April 18th, 2013, 05:53 PM   #36
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Cairn seeks govt nod to up Rajasthan block output by 20%

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The Vedanata Group company Cairn India has sought government’s approval to increase production from its prolific Rajasthan block by 20 percent to 200,000 barrels a day, from 175,000 barrels a day currently in mid March, reports CNBC-TV18’s Nayantara Rai quoting sources.

Cairn India operates in Rajasthan block along with ONGC, where in it hold 70 percent and state-owned company owns 30 percent. The block consists three contiguous development areas DA1-which comprises Mangala, Aishwariya, Raageshwari and Saraswati, DA 2 consisting Bhagyam and Shakti and DA3 having the Kaameshwari West.

The company had been earlier under pressure as it was facing some technical difficulties at the Bhagyam field in Rajasthan. It has approval for about 40,000 barrels a day to produce from the field, but it has not been able to so far cross even 20,000 barrels.

Sources said that they have been able to overcome these technical difficulties and at the end of this fiscal they will hit their target of 40,000 barrels a day.

Also read: Cairn India strikes oil in Rajasthan

In middle of the year Cairn India may once gain seek approval from government for hiking production from Aishwarya field, from the current 10,000 barrels a day to 25,000 barrels a day.

These production hikes in individual fields will help the company to increase production from entire Rajasthan block by 20 percent, something which it has been talking about. Anil Agarwal has been talking about having an integrated approach to develop Rajasthan.

In fact, Cairn India has been pitching to the Oil Ministry that its development plan should be taken up by the cabinet committee on investment (CCI), so that it can be fast tracked and approval process can be cut down to 18 months from 36 months.

In order to accelerate the approval process the company has even planned to invest Rs 5000 crore by 2016, which is much higher than CCI’s threshold of Rs 1000 crore.


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Old April 18th, 2013, 06:47 PM   #37
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बाड़मेर के लीलाणा में लगेगी रिफाइनरी, जून में होगा शिलान्यास


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जयपुर। हमारी रिफाइनरी का शिलान्यास बाड़मेर जिले के लीलाणा में जून माह में ही हो जाएगा। इस बीच काम शुरू करने के लिए राज्य सरकार हिंदुस्तान पेट्रोलियम को अधिक से अधिक जमीन अवाप्त करके देगी। किसानों को अवाप्तशुदा जमीन का वाजिब मुआवजा मिले, इसके लिए जोधपुर संभागीय आयुक्त की अध्यक्षता में बनी कमेटी किसानों से नेगोशिएशन कर रही है। रिफाइनरी में फिलहाल हिंदुस्तान पेट्रोलियम 74 और राज्य सरकार 26 प्रतिशत शेयर रखेगी।

मुख्य सचिव सी.के. मैथ्यू की अध्यक्षता में गुरुवार को हुई राज्य स्तरीय टास्क फोर्स की बैठक में इन बातों पर सहमति बनी। इस दौरान रिफाइनरी के संबंध में हिंदुस्तान पेट्रोलियम कंपनी की ओर से प्रजंटेशन भी दिया गया। बैठक में इस बात पर जोर दिया गया कि रिफाइनरी लगने के बाद स्थानीय लोगों को अधिक से अधिक रोजगार के अवसर मिलें, इसलिए अभी से स्किल डवलपमेंट पर ध्यान दिया जाना चाहिए।


बैठक के बाद खान एवं पेट्रोलियम सचिव सुधांश पंत ने बताया कि शिलान्यास की अभी तारीख तय नहीं है, लेकिन प्रयास यही है कि हर हाल में जून में इसका शिलान्यास करवाकर काम शुरू करवा दिया जाए। पहले रिफाइनरी के लिए 25 एमजीपीडी पानी की आवश्यकता महसूस की गई थी, परंतु अब यह बढ़कर 28 एमजीपीडी हो गई है। एचपीसीएल ने प्रजंटेशन के माध्यम से रिफाइनरी के लिए भूमि, पानी सप्लाई, बिजली, पर्यावरण स्वीकृति और एप्रोच रोड आदि के बारे में जानकारी दी। सभी संबंधित अधिकारियों से रिफाइनरी के संबंध में आने वाली परेशानियों को दूर कर इस काम जल्दी आगे बढ़ाने के लिए कहा गया।


बैठक में उद्योग विभाग के अतिरिक्त मुख्य सचिव सुनील अरोड़ा, प्रमुख वित्त सचिव डॉ. गोविंद शर्मा, प्रमुख ऊर्जा सचिव शैलेंद्र कुमार अग्रवाल, प्रमुख राजस्व सचिव तपेश पंवार, प्रमुख सचिव पीडब्ल्यूडी जे.सी. मोहंती, उच्च शिक्षा सचिव राजीव स्वरूप, खान सचिव सुधांश पंत, आरएसएलडीसी आयुक्त राजेश यादव, जोधपुर संभागीय आयुक्त, बाड़मेर कलेक्टर, केंद्रीय संयुक्त सचिव (रिफाइनरी) एल.एन. गुप्ता और एचपीसीएल के रिफाइनरी निदेशक मौजूद थे।

औद्योगिक क्षेत्र और पार्क विकसित करेगा रीको: स्बैठक में बताया गया कि रिफाइनरी और पेट्रो कैमिकल कॉम्पलेक्स के साथ ही इस क्षेत्र में कई तरह की अन्य यूनिटें भी लगेंगी। इन यूनिटों को जमीन और अन्य सुविधाएं उपलब्ध कराने के लिए रीको वहां औद्योगिक क्षेत्र और पार्क अभी से विकसित करेगा।


स्किल्ड मैनपावर का आकलन होगा: रिफाइनरी और पेट्रो कैमिकल कॉम्प्लेक्स में किस तरह के कितने प्रशिक्षित लोगों की जरूरत होगी। आरएसएलडीसी, तकनीकी शिक्षा विभाग के अधिकारी एचपीसीएल के साथ मिलकर इसका आकलन करेंगे और टास्क फोर्स की अगली बैठक में इसकी जानकारी देंगे।

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Old May 1st, 2013, 02:07 AM   #38
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रिफाइनरी पर अब तय होगा मुआवजा

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जयपुर। बाड़मेर जिला प्रशासन ने रिफाइनरी के लिए 9976 बीघा जमीन अवाप्ति के तीनों फेज की सुनवाई का अंतिम काम मंगलवार को पूरा कर लिया। प्रशासन अब अवार्ड जारी करने के लिए संभवत: बुधवार को रिपोर्ट राज्य सरकार को भेज देगा। सरकार को किसानों से बात कर मुआवजा तय करना होगा। इसके बाद अवार्ड जारी होंगे।

बाड़मेर प्रशासन के अफसरों के मुताबिक जमीन के दो फेज की आपत्तियों की सुनवाई का काम पहले ही पूरा किया जा चुका था। मंगलवार को तीसरे फेज की अंतिम सुनवाई थी, लेकिन सुनवाई के दौरान प्रभावित किसानों ने कोई आपत्ति दर्ज नहीं कराई। ऎसे में जमीन अवाप्ति की धारा 9 के तहत सुनवाई का काम पूरा कर मंगलवार शाम सरकार को सूचना दे दी गई। यह काम पूरा होने से प्रशासन व राज्य सरकार ने राहत की सांस ली है।

एक बीघा के मांगे एक करोड़ रूपए

रिफाइनरी के लिए जमीन देने के एवज में किसानों ने एक करोड़ रूपए बीघा का मुआवजा मांगा है। इसके अलावा रॉयल्टी सहित अन्य कई मांगें सरकार के सामने रखी हैं। किसानों से वार्ता के लिए संभागीय आयुक्त जोधपुर की अध्यक्षता में कमेटी बनाई गई है। लेकिन कमेटी की अभी बैठक नहीं हुई है। संभागीय आयुक्त स्तर पर मुआवजा को लेकर समझौता न हुआ तो राज्य की उच्चाधिकार प्राप्त कमेटी फैसला लेगी।

अगला कदम

जमीन अवाप्ति को लेकर जिला प्रशासन की कार्रवाई पूरी हो चुकी है। जानकारों की मानें तो किसानों को मुआवजे के लिए रिकॉर्ड दर्ज करने का काम अंतिम चरण में है। अब सरकार व किसानों के बीच मुआवजा दरें तय होनी हैं। इसके साथ अवार्ड जारी कर जमीन का कब्जा लेने का काम शुरू होगा।
खाली है जमीन

मौके पर पूरी जमीन लगभग खाली पड़ी है। ऎसे में कब्जा लेने की सिर्फ कागजी कार्रवाई ही करनी होगी। इसके तत्काल बाद रिफाइनरी निर्माण का काम किसी भी वक्त शुरू किया जा सकेगा। उल्लेखनीय है कि राज्य सरकार जून में रिफाइनरी के शिलान्यास की तैयारी में है।

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Old June 5th, 2013, 02:39 AM   #39
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Old September 13th, 2013, 02:20 PM   #40
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ONGC approves $560m oil recovery project in Rajasthan


Quote:
India-based Oil and Natural Gas (ONGC) has given nod for its $560m project to improve oil recovery at Mangala oilfield in Rajasthan.

In June 2013 Cairn India, which owns 70% of the fields, submitted a draft enhanced oil recovery (EOR) plan for the Mangala oilfield.
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