Current market situation - GAS • Indian Natural Gas consumption was around 67.7 billion cubic meter (BCM) during 2011 with an increase of 57% since 2006. • India imports around 23% of the total gas needed from Iran‚ Pakistan‚ Afghanistan‚ Myanmar‚ Qatar and has spent around US$ 8‚405 mn on imports in 2011. Ejvind Vøgg – Own Man in India Growth of Indian oil industry 4 3‚5 3 2‚5 2 Oil production & consumption in mn Oil production in mn b/d 1‚5 1 0‚5 0 Oil consumption in mn b/d TIMELINE b/d
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Outline 1. What is oil 2. Petroleum industry 3. Domestic and industrial usage of oil 4. Middle eastern oil 5. OPEC 6. Role of Saudi Arabia‚ Venezuela 7. US consumption of oil - 1/4th of total oil 8. War for oil - Iraq War‚ War on terror 9. Oil as a weapon by Arabs‚ Arab Israeli Conflict‚ Central America 10. Political Greed 11. Pipeline diplomacey Baku-Tiblisi-Ceyhan 12. The politics of oil nationalization 13. New alternatives ethnol
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[Type the document title] [Type the document title] [Year] sai teja [Type the company name] [Pick the date] [Year] sai teja [Type the company name] [Pick the date] measurement wild drilling MWD stands for Measurement While Drilling in the oil & gas industry. The simplest way to describe MWD is to relate it to the measurements a pilot takes. A pilot needs to know the direction they are flying (North‚ South‚ East‚ or West)‚ the angle they are flying at (up‚ down‚ or horizontal)‚ and what type
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“OPEC As a CARTEL” There are two kinds of extreme market structure and they are perfect competition and imperfect competition. In a perfectly competitive market there are many numbers of sellers and many numbers of buyers selling and buying homogeneous products‚ therefore there is very little impact of a single buyer or seller changing the price of his/her product. In an imperfect competitive market there are few sellers and these sellers have some control over the prices and output of the
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state in economy. • New Deal 1973 Oil Crisis • A group of small and economically underdeveloped countries acting through the OPEC imposed oil embargo‚ cut the production and increased prices of oil The Rise of OPEC • The Organization of Petroleum Exporting Countries (OPEC) was formed on September 14‚ 1960 • Thirteen countries controlled over 85% of world oil exports • In June 1968‚ OPEC issued a Declaratory Statement stating that the governments had a right to participation in ownership
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of barrels contained in each ton varies depending on the type and specific gravity of each crude‚ however the average number considered would be around 7.33 barrels per each ton. Factors Affecting Demand * Population A significant factor on petroleum demand has been human population growth. Oil production per capita peaked in the 1970s. The world’s population in 2030 is expected to be double that of 1980. There are speculations or predictions that oil production in 2030 will have declined back
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Oman. In 1996 he formally defines Oman as a hereditary absolute monarchy. Since the beginning of Qaboos’ reign‚ Sultanate of Oman was adopted as the country’s official name. Modernization of Oman was the key agenda and primary focus. The national petroleum company along with Shell started exporting oil in the early 1970’s. There were projects in the pipeline to develop and use Oman’s vast reserves of natural gas. The natural gas processing plant located in Sur was functional in 2000‚ with production
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conventional technology. Recent advancements in Fracking technology have propelled America to the forefront of natural gas extraction. By this method‚ the shale rock is punctured with a high pressure fluid‚ causing it to rupture and allow the movement of petroleum and brine. After the fluid fractures the rock‚ the pressure is removed as well‚ and small pieces of aluminum oxide (hydraulic fluid) hold the fractures open. The shale rock‚ permeable to all natural gases‚ then is
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Summer Training PROJECT REPORT ON RATIO ANALYSIS OF FINANCIAL STATEMENTS OF GAIL Executive summary Gail has been no. 1 gas utility co in Asia and no. 2 gas utility co. globally which was declared by plats top 250 in 2010. It was also selected as the top Indian co. in the gas processing‚ transmission and marketing sector for the dun and Bradstreet- American express corporate awards. In addition to that GAIL ‘s Dahej Vijaipur pipeline project won the silver medal in mega projects category
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CIVIL DEFENCE DEPARTMENT MINISTRY OF INTERIOR‚ QATAR FIRE SAFTEY STANDARDS MINIMUM REQUIERMENTS Material: BASIC FRAMEWORK FOR SUBMISSION OF PERFORMANCE-BASED SOLUTIONS 1. Prescriptive requirements are developed for general use but not for specific purposes. Under certain circumstances‚ engineering methods can be used to justify certain alternative approaches to resolve fire safety problems. This will motivate designers of building such as architect and engineers to be creative and innovative. This
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