Professional Documents
Culture Documents
Nortech Trinity - Refinery Upgradation 2019
Nortech Trinity - Refinery Upgradation 2019
Nortech Trinity - Refinery Upgradation 2019
Private Limited
Opportunities in Refinery Upgradation
REFINERY UPGRADATION
INDIAN REFINERY UPGRADATION
PROJECTS
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.
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
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.
Evolving business and investment strategies for energy companies based on detailed market
analysis and forecasts
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
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
Regulatory Environment Review and expected developments and depth analysis of the
various facets of
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.
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: