December 6, 2022: The story of India’s petroleum products surplus begins in FY 2001-02. Today, India is rated as Asia’s largest exporter of petroleum products. Starting with a surplus of 3.9 million tonnes in FY 2001-02, it rose to a high of 62.3 million tonnes in FY 2013-14. Since then, the surplus began to shrink but rose to 51.6 million tonnes in FY 2021-22. Click column Special Database for details.

November 25, 2022 | The Lost Terminals: Writing On The Wall That No One Seems To See | The 1400 km -long HBJ gas pipeline, constructed in time by the Spie Capag-led consortium, remained totally unutilised for close to five years. The appalling situation arose because of the lack of coordination among the various wings of the government, mainly between the ministries of petroleum and natural gas and Chemicals and Fertilizers. The author finds a similar situation developing as a host of companies feverishly draw up plans to build terminals for import and re-gasification of Liquefied Natural Gas (LNG). Except in the case of terminals located at Dahej and Hazira in the western state of Gujarat, the capacity utilisation of the other terminals is abysmal at less than 20 per cent. In the case of Indian Oil Corporation’s terminal at Ennore, near Chennai in Tamil Nadu state, it is as low as 12 per cent. The performance picture will be drastically different when the 5 million tonne per annum terminal at Dhamra in the state of Odisha, which is at an advanced stage of construction, comes on stream. This is because the main promoter of the terminal is the Adani group. Click Free Access Column Petro Intelligence to read an exciting piece on the subject.