About Setting up of Refineries in Rajasthan<\/p>\n","protected":false},"excerpt":{"rendered":"
Shri Murli Deora Minister of Petroleum and Natural Gas informed the Lok Sabha while replying to a question today that the proposal for setting up a refinery at Barmer in Rajasthan is under the consideration of Oil & Natural Gas Corporation Limited (ONGC). ONGC has carried out the different studies in this regard including technical feasibility study by Engineers India Limited(EIL), market study by M\/s Nexant, financial appraisal by M\/s SBI Caps and ROU survey by M\/s SECON. Shri Deora added that considering that Rajasthan crude is heavy and viscous which needs to be heated for transportation, short duration of peak production necessitating import of crude, limited market potential in Rajasthan necessitating export of products and other factors, ONGC has approached the Government of Rajasthan for incentives\/concessions to make the refinery project financially viable. Further discussions are in progress. <\/p>\n
He emphasized that Government has been receiving requests form various State Governments from time to time for setting up\/expanding refineries in the respective states. As far as Rajasthan is concerned, Government has received request from the Chief Minister of Rajasthan, the latest dated 15th January, 2007, to take steps to set up a refinery in Rajasthan. Shri Deora stressed that consequent on de-licensing of refinery since June, 1998, a refinery may be set up anywhere in India by a Private or Public Sector Enterprise depending on the promoter\u2019s assessment of its viability. Shri Deora further clarified that it is not the Government, but the Private\/Public Sector Enterprise, which has to decide on setting up a refinery based on commercial considerations. <\/p>\n
Petroleum Minister also informed the House that in Rajasthan, ONGC, Oil India Limited (OIL) and Private\/Joint Venture Companies are operating in 15 exploration blocks awarded under New Exploration Licensing Policy (NELP), pre-NELP and on nomination basis. Out of this, 5 blocks have been recently allotted under sixth round of NELP and production sharing contracts were signed on 2nd March, 2007. The total area under exploration is about 38,400 sq.km. So far, 4.85 Billion Cubic Metres (BCM) of gas reserves and 67.7 Million Metric Tonnes (MMT) of crude oil reserves have been added. The present production of ONGC and OIL from Rajasthan is 7.5 lakh cubic metres of natural gas per day. Crude oil production from Rajasthan is likely to commence in 2008-09.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[7],"tags":[],"class_list":["post-218","post","type-post","status-publish","format-standard","hentry","category-rajasthan"],"_links":{"self":[{"href":"https:\/\/citynews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citynews.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citynews.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citynews.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/citynews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=218"}],"version-history":[{"count":0,"href":"https:\/\/citynews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/218\/revisions"}],"wp:attachment":[{"href":"https:\/\/citynews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citynews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citynews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}