Nortech Trinity - Refinery Upgradation 2019

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 6

Nortech Trinity India

Private Limited
Opportunities in Refinery Upgradation

REFINERY UPGRADATION
INDIAN REFINERY UPGRADATION

PROJECTS

Opportunities in Indian Refinery Upgradation

BACKGROUND

Touted as the world's fastest growing economy, India's demand for oil is insatiable. The
IMF's World Economic Outlook 2016 report states that India's growth is driven by private
consumption, which has benefited from lower energy prices and higher incomes.
Over the past decade, India's crude oil imports have doubled to about 3.8 MMbpd, making it
the third largest crude oil importer (behind China and the US). Its consumption of petroleum
products rose a massive 11 percent in 2015 to 183.5 MT. With exponential growths in the
manufacturing & industrial sectors, India's oil demand is forecast to reach 6.6 MMbpd (329
MT) by 2030 & 10 MMbpd (498 MT) through 2040 making it the fastest growing crude
customer in the world as per the International Energy Agency.
The Domestic demand for fuels is the catalyst for downstream capacity growth. As on date
the country's 23 refineries have a total capacity of 4.6 MMbpd (230 MT) that's makes it the
second largest refiner in Asia (after China) & the fourth largest in the world. However
considering the projected demand over the next decades, India's current excess capacity is
very small. The country would thus need to add another 100 MT of refining capacity by 2030.
Refineries in India, both in the private and public sectors, are therefore scaling up, investing
in new technologies, creating world-class facilities & adhering to regulatory compliances,
investing over USD 30 billion in next five years. A 1.2 MMbpd (60 MT) Greenfield refinery
has also been announced by the government on the west coast at an investment of another
USD 30 billion. The proposed project, will be completed in two phases, with two crude units
totaling 40 million tons in the first phase and a third one in the second phase including
petrochemical units.

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Refinery Upgradation


The government proposes to set up at least three petroleum, chemical, and petrochemical
investment regions (PCPIR) that will benefit the downstream sector. With the drop in oil
prices, refiners in India are also filling up their petroleum reserves as a hedge against price
volatility and supply disruptions. Oil storage capacity of 5.3 MMt is being built at three
locations: Visakhapatnam (already operational), Mangalore, and Padur. Capital expenditures
are also likely to escalate due to new regulations to curb air pollution and produce Euro-6
standard fuels by 2020.
It is obvious that with the convergence of multiple factors and a conducive investment
climate, India's downstream sector is on the brink of exponential growth, providing mega
opportunities to strategic investors, technology licensors, service providers, equipment
suppliers, and EPC contractors.
Upgradation of IOCL Refineries to BS - VI
Engineers India Ltd (EIL) has bagged a contract from Indian Oil Corporation Ltd (IOCL) for
providing engineering, procurement and construction management (EPCM) services for
implementing BS VI quality upgradation program at its six refineries located in Panipat,
Mathura, Gujarat, Haldia, Bongaigaon and Digboi.

The quality upgradation projects are being undertaken in view of the Government of India's
target to implement BS-VI norms across the country b April 1, 2020. As per guidelines of
Government of India, these quality upgradation projects need to be completed across all the
refineries of IOCL on time in order to ensure that BS-VI norm fuel (MS and HSD) can be made
available from April 2020.

EIL has recently conducted the configuration study for the facilities required at these
refineries to make them BS VI compliant.

Engineers India will render EPCM services and will provide project management, process
design and detailed engineering, procurement & expediting services, quality assurance,
construction management & supervision and assistance in start-up, commissioning services
to IOCL. For Gujarat, Haldia and Bongaigaon, the technology for the diesel upgradation unit
is licensed indigenously.

Now We have understood the business offerings of Chines Companies , UK for Indian Oil &
Gas companies. specially for Oil & Gas Upstream and Midstream and Energy and
Infrastructure domain, Energy and Infrastructure domain, We do have excellent relationship

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Refinery Upgradation


in Oil & Gas companies in India and already working on some projects with companies like
ONGC, IOCL, OIL, ESSAR and Reliance and other companies who are active in both
upstream and downstream business,

As discussed it shall be good time to enter into an NDA and also establish a MOU between us
and start working towards the targeted customer, we propose to start with a zeroing down
the Indian clients and introduce the Chines Companies products and services and Nortech
Trinity organize top level meetings where Chines Companies can make presentations and
we try to convince the targeted clients.

Nortech Trinity would like to cover the expenses incurred in organizing the Top level
meetings and other efforts of Nortech Trinity in business promotion for Chines Companies
in India. It will be good to know the remuneration model and how to cover the expenses of
Nortech Trinity team. Look forward to have your viewpoint on this and working relationship
between our organizations.

We are a young organization in India representing Technology companies in India towards


Oil & Gas sector and enjoying our vast network and relationship in Oil & Gas both Upstream
& Downstream. We are pleased to submit our introduction as a provider of high-quality
technical and business consulting services in the Oil and Gas industry, we are representing
highly technical foreign companies that provide equipment and services to India’s oil fields.
Our Highly reputed and experienced management & Engineering consultant in the field of
petroleum, mechanical, instrumentation and electrical engineering, is dedicated to
increasing your business in many fold by our provable analysis of your accurate need and
providing you technical and administrative support during the processes of scoping, bidding,
project management and operations

Our services offered include:

Business Strategy and India Market Entry Strategy

Evolving business and investment strategies for energy companies based on detailed market
analysis and forecasts

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Refinery Upgradation


Market Analysis, Infrastructure, Logistics, Contractual Provisions and Linkages across Oil &
Gas / LNG / Coal and

Power Value Chain

Market Study and Country and Opportunity Analysis for global companies entering India

New Technology in Natural Gas Domain – Small Scale LNG , FSRU, LNG by Road – Promotion
and Business

Development through Market Assessment and Business Collaboration

Market Studies and Forecasts

Global and Indian Oil & Gas, LNG / Gas Markets, Pricing and Contracts – Market Intelligence,
Trends and Strategies

All India Demand – Supply Study, Regional Market Studies covering Natural Gas and Power
sectors and

Business Forecasts

Policy and Regulatory Review

Regulatory Environment Review and expected developments and depth analysis of the
various facets of

the Oil & Gas Policy structure

Review of Global and Indian Regulatory Structures : Evolution and Comparative


Developments

Supporting our clients in devising strategic plans and implementing corporate strategies is
what we do best. Acting as a sounding board for various issues facing our clients business by
offering our expert advice through collective experience of our partners and industry
professionals. Our clients can remain focused on important business management issues,
whilst planning for the future growth of their business.

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Refinery Upgradation


Nortech Trinity has a well-connected supply chain connectivity and process in the field of
commodity trading with a focus on Metals & Minerals, Energy Products, Chemicals. Pharma and Food
Industry.

Our diversified operations comprise around 50 mining and metallurgical, oil production, mud
chemicals and agricultural assets. Nortech Trinity has a well-recognized industrial and marketing
activities with a well-supported global network to serve our clients at best.

We trade in and distribute physical commodities sourced from third party producers as well as our
own production. We also provide, processing, storage, logistics and other services to commodity
producers and consumers.

Nortech Trinity India Private Limited intend to achieve growth objectives by adopting the
following strategies:

1. Maintain performance and competitiveness of existing business to capitalize on huge


investments expected to be made in infrastructure development, especially in segments
where Nortech Trinity India Private Private Limited presently operates.
2. Focus on BOT based projects in the infrastructure sector.
3. Focus on projects involving higher degree of engineering skills.
4. Leverage our business growth by identifying and forming strategic joint venture
relationships for mutual benefit through sharing of resources and business skills for entering
into other fields of business.

Contact Persons : Mr. Ashutosh Gupta - +91 9910513444 +91 9971466668

NORTECH TRINITY INDIA PRIVATE LIMITED


4th Floor, Statesman House, Barakhambha Road, Connaught Place, New Delhi- 110001, INDIA
E-mail – info@nortechtrinity.com & nortechtrinity@outlook.com
Web – www.nortechtrinity.com

NORTECH TRINITY INDIA PRIVATE LIMITED | Opportunities in Refinery Upgradation

You might also like