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BILLBOARD PREZI by Suraj Anandan

Multi-use Prezi template with eye-catching billboard.You can easily customize the template for different presentations. With designed elements, you can also add/drop the prepared content & create the present on your mind. Wish all of you enjoy it=]
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Suraj Anandan

on 26 August 2015

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Transcript of BILLBOARD PREZI by Suraj Anandan


∣| THE YEAR THAT WAS
∣| AGENDA
∣| Econmic Scenario
∣| Where O&G Industry is Moving
∣|O&G Challenges
∣| Road Ahead
∣| Economic Scenario
∣| Since his 2014 victory, a series of reforms to promote oil and gas industry growth have been enacted by Prime Minister Narendra Modi.
∣| Conclusion
∣| These reforms addressed India’s antiquated oil subsidy programme and the nation’s gas deregulation and were implemented following the global oil price drop. The new administration has also promoted international hydrocarbons asset development.
∣| Diplomacy & Politics
∣| The Year’s Focus
∣| INTERNATIONAL
∣| Long and Winding Road
|To help bolster India’s economy, PM Modi has launched the Make in India initiative. The goal is to revive the country’s neglected manufacturing sector by facilitating investment, promoting innovation and modernizing infrastructure. The availability of cheaper goods locally will benefit the oil and gas industry.
∣| The Gas Year
|India’s growing population has impacted natural gas demand in both the domestic and commercial sectors, and power plants are often short of feedstock. To bridge the gap between supply and demand, the government has enacted a series of natural gas pricing reforms to incentivize domestic exploration. India has also diversified its LNG import partnerships, looking to countries such as the US, Australia, Qatar and Russia to meet the market’s rising needs.
Direct Benefit Transfer LPG to save 25% or 12500 cr Govt to move other product subsidy - food via Jandhan Adhar Mobile or Jam
∣| Engineering & Construction
In recent years, Indian engineering, procurement and construction companies have travelled far beyond the borders of their home country, a result of waning domestic demand. Indian enterprises have thrived abroad, winning landmark contracts in countries such as Kuwait and Saudi Arabia. With a number of lucrative projects being announced in India, these companies are using their experience to compete with international players on their home turf.
∣| Year 2014-15
∣| Some of the major investments
∣| Government Initiatives
Two landmark initiatives for energy efficiency – Design Guidelines for Energy Efficient Multi-Storey Residential Buildings and Star Ratings for Diesel Gensets and for Hospital Buildings – were launched by Mr Dharmendra Pradhan, Minister of State with Independent Charge for Petroleum and Natural Gas, Government of India.
14TH
HRRT
OIL & GAS
| August 27, 2015 , Taj Lands End, Mumbai
UTPAL GHOSH
|Exploration and Production
|Following 10 years of steady decline, India has taken proactive steps to revitalise its exploration and production sector, increasing the price of domestically produced gas.
|Marine, Shipping & Logistics
The growth of India’s offshore oil and gas industry has highlighted the need for development in the country’s maritime sector. The government has made moves to revitalise the sector a priority with the publication of the Maritime Agenda 2020, which outlined a plan to double India’s existing major port capacity. The country is also set to build its first floating LNG terminal as its energy imports increase
|
Petrochemicals & Fertilizers
India has committed to the expansion of its petrochemicals sector, already the largest in Asia, as well as the revitalisation of its fertilisers production. Demand for both petrochemicals and fertilisers is growing, but these sectors face natural gas feedstock deficits. To address this issue, the Indian government has implemented a gas-pooling scheme, in addition to investing in the Talcher complex, an innovative coal-to-gas conversion plant
The Ministry of Petroleum and Natural Gas created contracting mechanisms in order to lure oil and gasfield operators to its extensive hydrocarbons reserves. India has also cut much of the red tape involved in its oil and gas contracting process, allowing stalled projects to proceed.
CEO &PRESIDENT, UPES

|China proposes to build a high-speed railway line between China and India, through Bangladesh and Myanmar, aimed at boosting trade and relations.
Further, the four countries have agreed to buiold and encourage road, rail, air and waterways connecting each other, besides laying power transmission lines and oil pipelines. China has already started building a highway network.

|Crude oil prices fell sharply during July and into early August, pressured by an abundance of supply and a strong US dollar. By early August, global benchmarks had sunk around 25% below end June levels. At the time of writing, ICE Brent was trading at around $49 /bbl while NYMEX WTI was at $43.30/bbl.
|Global oil demand in 2015 is expected to grow by 1.6 mb/d, up 0.2 mb/d from our previous Report and the fastest pace in five years, as economic growth solidifies and consumers respond to lower oil prices. Persistent macro-economic strength supports above-trend growth of 1.4 mb/d in 2016.
|OPEC crude supply inched 15 kb/d lower in July to 31.79 mb/d as Saudi output eased and offset record high Iraqi production and increased Iranian flows. The 'call on OPEC crude and stock change' rises to 30.8 mb/d in 2016, up 1.4 mb/d on this year due to a stronger demand outlook and stalling non-OPEC supply growth.
|OECD inventories rose counter-seasonally by 9.9 mb to hit another all-time high of 2 916 mb in June with their surplus to average levels widening to a record 210 mb. As the seasonal restocking of 'other products' continued apace, refined products by end-month covered 31.3 mb days of forward demand, 0.2 days above end-May.
|Big Data, a broad term for large and complex sets of information, has become serious business, as government, corporations, universities use big data analytics to spot trends. Recently, the Obama Administratioin named PIO Dhanuray Patil as its first Chief data Scientist and deputy chief technology officer for data policy; yet another top sci-tech of Indian origin in the US.
From the driller in the Bakken to the motorist at the pump, oil market players are adjusting to a world of lower prices. Our latest forecast shows stronger-than-anticipated demand and non-OPEC supply growth swinging into contraction next year. While a rebalancing has clearly begun, the process is likely to be prolonged as a supply overhang is expected to persist through 2016 - suggesting global inventories will pile up further.
Oil's plunge below $50/bbl from triple digits a year ago has seen demand react more swiftly than supply. As a result, the world is now expected to use 1.6 mb/d more fuel in 2015 than the previous year as economic growth consolidates and consumers burn more oil.

That's the biggest growth spurt in five years and a dramatic uptick on a demand increase of just 0.7 mb/d in2014.
On the other side of the equation, global supply continues to grow at a breakneck pace - currently running 2.7 mb/d above a year earlier - despite a collapse in oil prices. Muscular pumping from OPEC's top producers Saudi Arabia and Iraq has boosted the group's flows to 31.8 mb/d - the highest in three years. Since the Riyadh-led OPEC decision last November to defend market share rather than price, output from the 12-member group has soared by 1.4 mb/d and it looks as if there is no backing down.
|Indian Scenario
According to data released by the Department of Industrial Policy and Promotion (DIPP), the petroleum and natural gas sector attracted foreign direct investment (FDI) worth US$ 6,519.53 million between April 2000 and January 2015.
• Reliance Industries Ltd (RIL) and Mexican state-owned company Petroleos Mexicanos (Pemex) have entered into a memorandum of understanding (MoU) for cooperation in the oil and gas sector.

|Some of the major initiatives by the GoI
• India and Norway have discussed bilateral relationship between the two countries in the field of oil and natural gas and decided to extend cooperation in hydrocarbon exploration.

India’s demand for gas is set to touch 124 MTPA against a domestic supply of 33 MTPA and higher imports of 47.2 MTPA, leaving a shortage of 44 MTPA, as per projections by the Petroleum and Natural Gas Ministry of India. Moreover, Business Monitor International (BMI) predicts that India will account for 12.4 per cent of Asia-Pacific regional oil demand by 2015.
| Concluding Remarks
http://indiainbusiness.nic.in/newdesign/index.php?param=industryservices_landing/345/1
https://www.iea.org/oilmarketreport/omrpublic/
http://www.theoilandgasyear.com/content/uploads/2015/07/TOGY_INDIA_2015.pdf
Several Issues of Econmics Times, Times of India, Economist of 2014-15
THANK YOU
|Year 2014 - 15
|CHALLENGES
"PEOPLE PRACTICES TO FUTURE PROOF ORGANIZATIONS"
• The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Mr Narendra Modi, has approved a mechanism for procurement of Ethanol by Public Sector Oil Marketing Companies (OMCs) to carry out the Ethanol Blended Petrol (EBP) Program.
• 24 x 7 LPG service via web launched to provide LPG consumers an integrated solution to carry out all services at one place, through MyLPG.in, from the comfort of their home.
• PAHAL - Direct Benefit Transfer for LPG consumer (DBTL) scheme launched in 54 districts on November 11, 2014 and expanded to rest of the country on January 1, 2015 will cover 15.3 crore active LPG consumers of the country.
• The Governement is planning to build an additional 15000 km gas pipeline network in the next 5 years so midstream infrastructure is set to expand it. It will include major pipeline projects such as GAIL's 2050 km Jagdishpur-Haldia gas pipeline started in Sep 2014
• To strengthen the country`s energy security, oil diplomacy initiatives have been intensified through meaningful engagements with hydrocarbon rich countries.
• Kirloskar Oil Engines Ltd (KOEL) and MTU Friedrichshafen, GmbH have signed a memorandum of understanding (MoU). The MoU lays down exclusive cooperation on the building and commissioning of emergency diesel gensets (EDG).
• CDP Bharat Forge GmbH has acquired 100 per cent equity shares of Mécanique Générale Langroise (MGL) for € 11.8 million (US$ 12.91 million). The acquisition would consolidate Bharat Forge’s position in the oil and gas sector by enhancing service offerings and geographical reach.
• Technip has won a € 100 million (US$ 109.37 million) contract from Oil and Natural Gas Corporation (ONGC) to build an onshore oil and gas terminal in Andhra Pradesh.
• Essar Oil Ltd has signed a deal with Russia-based OAO Rosneft to import 10 million tonnes (MT) of crude oil per year for 10 years.
• The oil marketing companies have reduced the price of non-subsidised liquefied petroleum cooking gas (LPG) by Rs 43.5 (US$ 0.69) per cylinder. The companies have also reduced jet fuel rates by 12.5 per cent, the sixth straight reduction in prices since August 2014.
• GAIL Global USA LNG LLC (GGULL) has signed an agreement with the US-based WGL Midstream Inc for sourcing gas required to produce 2.5 MT of liquefied natural gas (LNG) a year at the Cove Point Terminal in Maryland, US.
The 14th Oil & Gas HR Roundtable aims at highlighting and addressing issues related to the future trends and talent imperatives in oil and gas industry, achieving talent fungibility and learning agility, turning challenges into opportunities, and building a compelling employee value proposition.
Refereces
Two positive directions that enable Indian Government
Crude plunges to $40 in record 8th week of fall-US crude has fallen 33% over eight consecutive weeks of losses, longest streak since 1986,Brent oil prices dropped$1.28 to$4.53 barrel, boon for it reduces oil import bill by INR 1.5 Lakh Cr, pressures RBI to cut rates benefits household and auto.
TAPI the $10billion,1,800-km energy life line connecting central and south Asia to be jointly owned by India, Turkmenistan and France giant Total SA, if negotiations meet common consensus. One cannot ignore the fact that an international company is needed to build and operate the links which will pass through rebel -infested territories of Afghanistan and Pakistan.

|Concerns that Gov needs to look at
3bn units of power is wasted in one year and the market splitting power trade mechanism leads to inverse mechanism leading to price deficit mechanism in surplus areas and hike in price in deficit regions.Hence transmission networks is the need of the hour to improve upon inter-region transfer through open access.


Make in India
at stake with 100,000MW of costly solar power by 2022 will disrupt the grid,escalate electricity cost , create an noncompetitive market as solar electricity is hugely subsidized. Which will make bulk power for farmers, homes and industry to cost at Rs9/unit.


Give it up
30,000 - 40,000 households giving up LPG
subsidy daily

Subsidy transferred Rs.23,848.32 Cr, so far
www.giveitup.in
|Big Data, a broad term for large and complex sets of information, has become serious business. Governments, big corporations, industries, universities etc., use big data analytics to spot business trends, stop diseases, predict weather, combat crime, and zero in on terrorist modules.
|Early this year, the Obama administration appointed Dhanurjay Patil as its first Chief Data Scientist and Deputy Chief Technology Officer for Data Policy;yet another top sci-tech job in the U.S government that has gone to a person of Indian-origin:
∣| Road Ahead
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