8Nayara is looking for dedicated domestic gas supplies for its refinery complex
8Domestic gas is cheaper than any other source of energy at the moment

Some updates on Petronet LNG:
8New domestic gas can impact spot and short-term LNG volumes  but eventually gas demand will be much higher (70-90mmtpa in CY30 vs. 46mmtpa now). Meanwhile, the company says that the gas ceiling is expected to go up to USD5-6/mmbtu in the next revision for offshore gas.
8One of Kochi's primary customer, FACT, is cannot operate at a rate higher than $ 8/mmbtu whereas spot is at $10/mmbtu
8The use or pay was invoked on tolling customers, where 2 out of 3 have not paid but as per contracts are liable. Discussions are on, and will be resolved shortly, maybe by this quarter.
81,200 kms radius of virtual pipeline can be set and economics is favorable. LNG is 25-40% cheaper than diesel. Initially, payback will be longer (less than 5 years in steady state) and offtake low but market will develop. 50 stations are inaugurated. PLNG targets 3.5mmtpa volumes by CY30.

8There seems to be a big problem with the supply of LNG to FACT from the Kochi terminal
Find out what

8Fertilizer Ministry assures IFFCO of land to set up the urea plant
8Know more

8Scientists have developed an environmentally friendly process that could drive the future production of green ammonia

The global fertilizer market is highly marked up
8What is causing this?
8And where will all this lead to?

Coal based Ammonia-Urea & Coal Handling Plant Greenfield Project
8Cost - Rs 7484 crore
The company is in the initial stages and an internal team is in the process of being set up. There is technology selection to be done, and it claims that all of this will be set into motion within three months.
NPK-SSP & Sulphuric Acid Expansion Project
8Cost - Rs 15 crore

8A two-company combine is bringing in a cargo of LAB
8This 7650 tonne cargo is coming from Al Jubail

8A big cargo of CBFS is coming in
8Find out the cargo weight

8A huge cargo of molasses cargo is arriving at JNPT
8Tonnage: 31000 tonnes

8A cargo fo EDC is expected on June 26
815000 tonnes is the cargo weight

8A shipment of epichlorohydrin is up ahead
8Find out the arrival date

8A shipment of exxal 9S is expected today
8Payal Polyplast is importing it

8Aegis is bringing in a cargo of ethyl alcohol
8The material is sourced from Galveston

8Various is importing a cargo of DEA
8Find out the landing port

8A methanol shipment is berthing at Mundra
8BK Sales is importing it

On June 14, 2021, the Kolkata market witnessed a rise in styrene monomer prices.

Prices for IPA were quoted lower in the Mumbai market today.

The international crude oil price of Indian Basket was quoted at around $71.42 per barrel on June 14, 2021. This was higher than the price of $71 per barrel on June 12, 2021.

On June 14, 2021 Naphtha prices registered a downward movement in NW Europe while moving up in Japan owing to fluctuation in the markets.

A fall in MIBK prices in the imported market of Kolkata was noted on June 14, 2021.

Domestic market sources reported a fall in Mumbai’s Acetonitrile prices today.

8Catch here Mumbai's bulk chemical prices as of today

8A wrap-up of today's chemical prices in Mumbai

Mixed-Xylene prices are slowly increasing in the Kolkata market.