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M1 P1 Energy Review World and India DR R R Joshi
M1 P1 Energy Review World and India DR R R Joshi
M1 P1 Energy Review World and India DR R R Joshi
and Indian Energy Scenario
and Opportunities
Dr Ratnadip R Joshi
References
1.BP World Energy Review
2. ONGC and ONGC Videsh reports
1
India Energy Overview
2
Business Potential
3
Energy Consumption
Primary Energy consumption (MTOE)
India: the 5th largest primary energy consumer
2299
2003 CAGR (2008‐2018): 4.5% (global CAGR: 2.2%)
685 4% of total
508
433
330 311
258 240 228
Coal
29%
Hydel
Nuclear 6%
1%
Oil
31%
Coal
53% Gas
9%
Oil & Gas composition -India: 40%; global average 64%
Source: BP Statistical Review of World Energy-2019 5
Growing Primary Energy demand … India
1633
1500
MTOE
1000
500
433
MTOE
0
2008 2011 2016 2021 2026 2031
With development of East Coast, new & marginal fields
of West coast, CBM, UCG, and likely trans‐national gas tr
unk lines‐ the gas demand seems to be achievable
For oil, though importer for over 25 years, considering t
he dramatic rise in volume demand
*Source: BP Statistical Review 2019 Projected figure Source: Integrated Energy Policy 6
Oil consumption
World oil consumption (2018) 3,928 Million Tonnes
India 4th largest consumer of Oil: 3.4% of total
India’s Oil consumption increased at CAGR of 4 % (1998-2018) against
the world CAGR of 1.4%.
8
Source: MOP&NG & Planning Commission
Dependence on Oil Imports
Increasing dependence on oil imports; likely to be more than 80%.
9
Energy Outlook
10
Compare with World Producers:
Russia – An Overview
World's largest natural gas reserves : 1,680 TCF
World's largest exporter of natural gas
Second largest coal reserves : 173 billion tons
Eighth largest oil reserves : ~80 billion barrels
Produces 9.74 million bbl/d
Second largest oil exporter
Exports around 4.5 million bbl/d.
45 refineries with total capacity of over 5.5 million barre
ls per day.
In 2018, Russia’s real gross domestic product (GDP) grew
by approximately 6 percent.
11
Exploration & Production of Oil & Gas
in India & NELP
12
26 sedimentary basins with total
basinal area of 3.14 million
sq.km.
14%
44 %
42 %
DEEP WATER
1.35 Million Sq Km
13
Exploration & Production Status
AREA UNDER LICENCE YET TO OFFER
46 %
40 % 40%
50%
14% 10%
15
New Exploration Licensing Policy
International pricing for Crude oil & market driven prices for Natural
gas
16
BLOCKS CONTRACTED
17
Indian Exploration Scenario
ONGC and others
18
ONGC Group
(21.5%)
(23%) (49*%)
Joint Ventures Subsidiaries
(50%)
(50%)
(100%)
(12%)
(100%) (50%)
ONGC Campos
Holdings Ltda
(100%)
Explorancao
Petrolifera Ltda Power
(50%)
(100%)
ONGC Amazon
Alaknanda
* OMPL: 46% ONGC & 3% MRPL
Ltd (OAAL) 19
E&P Infrastructure
State-of-the-art exploration facilities
28
Seismic Crew
114
Drilling Rig
78
Work Over Rig
107
Well Stimulation
Unit
20
20
Globally comparable Production & Transportation facilities
240
Onshore Installations
194
E&P Infrastructure
Offshore Installations
> 22,000 Km
Pipelines
61
Offshore Supply Vessels
21
21
Processing Facilities
Hazira, Gujarat
Handling Capacity: 42 MMSCMD Sour Gas
Products : Gas, LPG, Naphtha, SKO, HSD, ATF
Uran, Maharashtra
Handling Capacity: 20 MMTPA Oil & 16 MMSCMD Gas
Products :Oil, Gas, LPG, Naphtha,C2-C3
1973: A&AA FB
1980: KG Basin
24
Dominant E&P Player
Reserve Accretion
26
40* Projects in 16 Countries 6 Discovered/
24 Exploration 9 Producing
Development
Venezuela 1
2 Russia
Cuba
Equity Oil & Gas
2
2 3 Myanmar
Colombia 5 1
1 2 Vietnam
Brazil 4 1
Libya 3
1 Iran
Nigeria 2
Nigeria JDZ 1
1 Iraq
Congo Br 1
1 1 Syria
Sudan 2
Egypt 2 * 40th Project is Sudan’s 741 km long completed Pipeline
27
40th project is the Sudan Pipeline Project
9 producing assets with OVL
Producing Properties
28
Sakhalin-1
Partners: Exxon, SMNG and RN-Astra;
Sodeco Ltd.; and ONGC Videsh Ltd.
The Project area is comprised of the
Chayvo, Odoptu and Arkutun-Dagi fiel
ds.
Total recoverable reserves are estima
ted to be 2.3 billion barrels of oil (30
7 million tons) and 17.1 TCF of natur
al gas (485 BCM).
Successful ramp-up of production to
design levels of 250,000 barrels (34,0
00 metric tons) of oil per day.
The Project now supplies crude to int
ernational markets and natural gas to
the Russian Far East.
29
Imperial Energy New Acquisition
30
Opportunities
31
India Opportunities
32
E&P Blocks on Offer – NELP VIII
Deep water 24
Shallow Water 28
On-land 18
Total 70
33
Blocks - CBM-IV
Sl. Block Name State
No
Sl.
Block Name Coal Field
Area
State 1 RM(E)-CBM-2008/IV JHARKHAND
No. (sq.km.)
34
Areas of Opportunities
collaboration on
E&P opportunities
Gas business
E&P infrastructure development
Potential Areas of Cooperation
E&P technology
R&D
Domain experts
Production optimization
Deepwater
New energy sources
Environment protection
35
Thank You
36