Page 138 - CW E-Magazine (24-6-2025)

Hydrocarbons

EXPLORATION INITIATIVES
Over 37% of bids under OALP have come

from previous no-go areas: Minister

Union Minister for Petroleum and natural gas infrastructure expansion, and of 2024, the country is on track to reach
Natural Gas, Dr. Hardeep Singh Puri has strong targets for biofuels and green its target of 33,000-km by 2030. On the
said over 1-million sq.km. of sedimentary hydrogen. He also pointed to the huge Compressed Biogas (CBG) front, the pro-
basins, previously marked as ‘no-go’ potential for the production of Sustainable duction of Fermented Organic Manure
zones, have now been opened for explo- Aviation Fuel (SAF) in India. (FOM) as a by-product remains a key
ration, and account for 37% of bids under source of revenue for producers. India
the Open Acreage Licensing Policy. India’s refi ning capacity, which cur- has set an ambitious target of establishing
rently stands at 260-mtpa, is expected to 5,000 CBG plants, said Dr. Puri, adding
Speaking at the CII Annual Business reach 309.5-mtpa by 2028, he added. that ongoing dialogues with state govern-
Summit 2025 in New Delhi, Dr. Puri high ments are expected to accelerate progress.
lighted the progress towards a cleaner, The Minister also noted substantial However, the pace of development will
more secure energy future, driven by policy progress in India’s natural gas infrastruc- largely depend on land availability and
reforms in exploration & production, ture. With 22,000-km of pipelines laid as pricing mechanisms.

PETROLEUM PRODUCTS MARKETING
Biofuels company, TruAlt Bioenergy, gets OMC status

TruAlt Bioenergy Ltd., a leading TruAlt, said the company will prioritise
ethanol and biofuels company, has setting up fuel stations in high-demand
been offi cially granted Oil Marketing urban corridors and underserved rural
Company (OMC) status, enabling it to regions. As per OMC norms, at least 5%
market and retail petroleum products of retail outlets will have to be in notifi ed
across India. remote areas. TruAltclaims a 7% share in
India’s molasses-based ethanol market
TruAlt will soon launch a national and 3.7% overall share in ethanol supply.
network of more than 100 retail outlets, It is also scaling up Compressed Biogas
beginning with Karnataka and Maharashtra, ethanol, Bio-CNG, and electric vehicle production and planning a foray into
offering petrol and diesel alongside services. Vijay Nirani, Managing Director, Sustainable Aviation Fuel.

ROUND-THE-YEAR UTILISATION
GAIL discharges fi rst LNG vessel at Dabhol

Terminal in monsoon season

GAIL (India) Ltd. has successfully Director (Marketing), Sanjay Kumar.
discharged its fi rst liquefi ed natural With the breakwater now fully
gas (LNG) vessel at the Dabhol LNG operational and all statutory appro-
Terminal following the completion vals secured, the Dabhol Terminal
of its Breakwater Project, enabling has officially been designated an
operations even during the South- all-weather port. It currently has a
west monsoon. regasifi cation capacity of 5.0-mtpa,
feeding into the national grid via the
The vessel arrived on June Chairman and Managing Director, Dabhol-Bangalore and Dabhol-
2, 2025, and was received by Sandeep Kumar Gupta, along with Panvel pipelines.

138 Chemical Weekly June 24, 2025

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