Page 155 - CW E-Magazine (2-7-2024)

AVAILABLE FOR ALL CONSUMERS IN INDIA & OVERSEAS BUYER
Hydrocarbons l POLY ALUMINIUM CHLORIDE (LIQUID/POWDER)
l DIALLYL DISULFIDE (GARLIC OIL)
l PARA BROMO ANILINE l 5 AMINO SALICYLIC ACID
l MONO CHLORO BENZENE l 4 BROMO PHENOL
SEEKING PARTNERS l LIQUOR AMMONIA l COPPER (I) BROMIDE
l COPPER (II) BROMIDE
l GLYOXLIC ACID 50%
l DMDM HYDANTOIN LIQUID l SALICYLIC ACID
ONGC offers stake in Deen Dayal gas fi eld l ANHYDROUS AMMONIA l ETHYLENE DICHLORIDE
l ACETONE
l HOMOSALATE
l EPICHLOROHYDRIN l OCTYL SALICYLATE
l TETRAHYDRAFURAN l ORTHO DICHLORO BENZENE
After spending close to $1.2-bn “A total of seven development wells l LIQUID BROMINE
and seven years of little success, Oil are drilled till date,” ONGC said in the Can also offer our supply to SEZ Units against LUT
without Payment of IGST & EXPORT ENQUIRES
and Natural Gas Corporation (ONGC) tender document. “However, four wells WE ARE LOOKING FOR SALES PROFESSIONALS FOR
CHEMICAL DISTRIBUTION BUSINESS INTERESTED
is seeking partners to rescue the Deen which were completed did not yield CANDIDATES PLEASE SEND YOUR CV TO MAIL ID
Dayal gas fi eld in the KG basin in Bay good productivity as anticipated and
of Bengal. performance was sub-optimal. Severe
JUBILEE INDUSTRIES
technical challenges and complications (AN ISO 9001-2015 certified Company)
On June 12, ONGC sought expres- were encountered in the other three ISHWAR CHEMICALS AND GASES
sion of interest from “global oil and wells during drilling and comple- Mob: +91-8888862805 / 8007655155 w Tel: 02572220300
Email: sales@ishwargroup.in / ramgas1@hotmail.com
gas companies with requisite technical tion phase and had to be abandoned,” marketing@ishwargroup.in / ashish.chhajed@ishwargroup.in
expertise and fi nancial strength to join two decades back. The Gujarat govern- ONGC said. Website: www.ishwargroup.in
as partner (with participative interest) ment company had showcased the fi eld
for fi rming up a viable strategy” for the as a promising prospect when it sold its The company now wants a global
fi eld, according to the tender document. stake to ONGC in order to cut its debt. partner who could help with the
development of DDW. ONGC intends
The fi eld has produced negligible GSPC holds 10 percent stake in the to undertake a revision of the fi eld
quantities of gas since ONGC, in Janu- fi eld and the remaining is with Jubilant development plan that was previously
ary 2017, acquired Gujarat State Petro- Enpro. submitted to authorities. “Considering
leum Corporation’s (GSPC) 80 percent the technology challenges associa-
interest in the KG-OSN-2001/3 block The fi eld, which was initially said ted with the fi eld and costs involved,
off the east coast of India. to hold up to 20-trillion cubic feet of in ONGC would like to seek technical
place gas reserves – by far the biggest expertise to fi rm up a way forward
The block contains the Deen Dayal in any deepsea fi eld in the country – but for future development,” the tender
West (DDW) gas/condensate field later trimmed to a tenth, has proved to document said. Bids are due by
which was discovered by GSPC almost be tougher than anticipated. September 12.

TRADE TRENDS
India’s crude oil imports from Russia hit new high in May

India’s oil imports from Russia rose India shipped in about
Veer 221
to a record of about 2.1-million barrels 5.1-million bpd oil in May, a PIONEERS IN GRIGNARD CHEMISTRY SINCE 1978 / 1200MT installed capacity
per day (bpd) in May as discounts for growth of about 5.6% from acid chlorides: Acid Anhydrides: Grignard reagents:
Russian oil widened on lower demand April, the data showed. India’s l Decanoyl Chloride l Propionic Anhydride l Methyl Magnesium Chloride/Bromide
l Phenyl Magnesium Chloride/Bromide
l Undecanoyl Chloride
from China, a Reuters report said Russian oil imports in May l Isovaleryl Chloride l Hexanoic Anhydride l Tert - Butyl Magnesium Chloride
l Ethyl Magnesium Bromide
l Heptanoic Anhyride
quoting trade sources and shipping data. rose 14.7% from April and l 2-Furoyl Chloride l Isobutyric Anhydride l Isopropyl Magnesium Chloride Please Contact:
That boosted Russia’s share in the 5.9% from a year ago. l Pyrophosphoryl Chloride l N-Butyric Anhydride 2M in THF CHEMICAL WEEKLY
l Isopropyl Magnesium
world’s third largest importer and con- l Hexanoyl Chloride l Valeric Anhydride Chloride 1.3 M in THF (LiCL complex) 602, B-Wing, Godrej Coliseum, Behind Everard Nagar,
sumer to nearly 41% last month, the Reliance Industries and l N-Butyryl Chloride intermediates Personal care: K.J. Somaiya Hospital Road, Sion (East), Mumbai 400 022.
l Novaguard EHG (Ethylhexyl Glycerine)
data showed. Nayara Energy, majority l Isobutyryl Chloride l 5-Ethylpyridine-2-Ethanol l Novaguard PE (Phenoxy ethanol)
ing on Russian oil, sold at a discount owned by Russian entities, have l Lauroyl Chloride l 2,4-Thiazolidine Dione l Novaguard CG (Caprylyl Glycol) AVAILABLE FROM IMPORT/DOMESTIC
l
Meanwhile, supply from Saudi after some European nations shunned signed a term deal to buy Russian oil. l Octanoyl Chloride l Isosorbide l Novaguard HG (1,2-Hexanediol) polyisobutylene/
polybutene - (pIB / pB)
l Novaguard DMI (Dimethyl Isosorbide)
Arabia dropped to a 10-month low, the data purchases from Moscow over its in- In contrast, state-refi ners Indian Oil l Heptanoyl Chloride l 1-Piperidine-1-Cyclohexene l Novaguard PG (1,2-Petanediol) Grade: 950, 1300, 1400,
showed, after Saudi Aramco hiked term vasion of Ukraine in February 2022. Corp., Bharat Petroleum, Hindustan any sPEcialiTy acid chloridEs, GriGnard and PErsonal carE inGrEdiEnTs PEr rEquEsT 2000, 2400, 63000
prices for a second month in May. Also, similar grades from regions Petroleum and Mangalore Refi nery & novaphene specialities pvt ltd Carbon Black (Ink Grade)
l
mainly in the Middle East are Petrochemicals are buying Russian HO: 810, Techno IT Park, Link Road, Eksar, Borivali (W), Mumbai - 400 092. Maharashtra. INDIA KUNTAL Organics LLP.
Refiners in India have been gorg- costlier. oil from the spot markets. Factory: Unit 1: E-107 MIDC Tarapur, Boisar, District Palghar, Maharashtra - 401 506. INDIA 102, 1st Floor, Mspace, Mahindra Eminente Commercial Premises Co-op Society Ltd,
Unit 2: N-27 MIDC Tarapur, Boisar, District Palghar, Maharashtra - 401 506. INDIA Sitaram Patkar Road, Goregaon West, Mumbai – 400104. India.
Tel: +91-7410092952 / 7249317534 w Email: sales@novaphene.com w Web: www.novaphene.com Tel: +91-22-35989123, 47487498 l Email: info@kuntal.co.in
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154 Chemical Weekly July 2, 2024 Chemical Weekly July 2, 2024 155
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