Bitumen Market & Outlook in India Subroto Das Head : Bitumen & Fuels Hindustan Petroleum Corporation Limited India
Oil & Gas Industry Landscape
Oil Sector in India: Salient aspects in 2016 India is the fourth largest consumer of Oil in the world behind US, China and Japan. India with 190 MMT of crude oil import is the third largest importer. India produces 1% of world oil and consumes 4.3% of world demand. The consumption of Oil in India grew by 3.0% compared to world growth of 0.8%.
Other Major Players in Oil Market of India Upstream Midstream Downstream 20% 80%
Refineries in India 16 Public Sector Refineries IOCL - 66 MMTPA BPCL - 24 MMTPA HPCL - 15 MMTPA MRPL - 15 MMTPA Total - 120 MMTPA 2 JVC refineries HMEL - 9 MMTPA BORL - 6 MMTPA Total - 15 MMTPA 3 Private Sector Refineries RIL - 60 MMTPA ESSAR OIL - 20 MMTPA Total - 80 MMTPA Total India = 215 MMTPA Fig as of Mar 15
India Consumption : Last 10 Years
2014-15 : Consumption of Petroleum Products
Primary Energy : India Projections
Roads Infrastructure Sector Bitumen Outlook in India 9
Road Sector in India: Salient Aspects in 2015 Road length in India grew from 3.99 Lakhs KMs in 1951 to 52.5 lakhs in 31 st March 2015. Road density of India is 1.59 kms/sq.km of area & higher than Japan( 0.90),USA( 0.67) China ( 0.44).. Surfaced road length in India is 60% of total road length, which is lower as compared to UK,France, Korea & China. National Highway which carry most of freight & passenger traffic accounts for 2% of total length 5 states out of 29 states accounts for 44% of road network
Initiatives by National Highway Authority of India Special Accelerated Road Development Program for North Eastern States Development of roads in Left Wing Extremis affected areas Development of NHs with the multilateral assistance. NH Network all along the border proposed to facilitate: Connectivity to ports/dmic nodes Strategic consideration International Connectivity Involve about 7,000 km new National Highway Anticipated cost Rs 80,000 crores ( US $ 12.20 billion)
New Initiatives Under Special Projects Anticipated Cost : 85,000 crores ( US $ 13 billion) Backwards Areas : 2500 kms Religious Places : 2400 kms Tourist Places : 1200 kms Adoption of Hybrid Annuity Model ( HAM) for road projects. EPC (Engineering, Procurement and Construction) BOT ( Build Operate Transfer) 100% FDI under automatic routes in road and highway sector, subject to applicable laws and regulation.
Road Category Wise-Length in Kms ( Lacs) 31.6 52.46 10.67 4.46 0.94 1.69 3.11 National highway State highwayprojects Road Urban Roads Others PWD roads Rural Rodas Total Roads Source: Basic Road Statistics, NHAI AR 2014-15
Bitumen Producing Refineries in India Public Sector Refineries IOCL 4 Locations BPCL 2 Locations HPCL 2 Locations MRPL 1 Location CPCL 1 Location 1 JVC refinery HMEL Expected in 17-18 1 Private Sector Refineries ESSAR OIL 1 Location Fig as of Mar 15
Imported Bitumen Entry Points in India Bitumen Import Locations in India Bulk Bitumen : Karwar :- 24000 MT Mundra :- 6000 MT Haldia :- 12000 MT Kakinada :- 3000 MT Pirpau :- 30000 MT Mundra Pirpau JNPT (Mumbai ) Karwar Kakinada Haldia Packed Drum : Mundra JNPT ( Mumbai) Chennai Haldia Chennai
Imported Bitumen Salient Features More than 90% of the imported bitumen sourced from Iran, U.A.E and Malaysia Mundra, Gujarat, Karwar,Karnataka and JNPT, Maharashtra receive more than 60% of imported bitumen. Most of the bitumen is exported to Bangladesh, Thailand and Malaysia. The imports of bitumen is more in non-monsoon season and exports of bitumen is more on monsoon season.
All India Bitumen Sales ( 2015-2016) 832 1245 HPC 184 779 234 IOC BPC MRPL ESSAR 2625 IMPORT
Sales Trend - Last 8 Years Year Production Consumption Import Export 2015-2016 5157 5815 832 101 2014-2015 4690 5073 517 94 2013-2014 4773 5007 237 95 2012-2013 4670 4676 85 87 2011-2012 4599 4638 78 5 2010-2011 4446 4536 98 56 2009-2010 4873 4934 69 31 2008-2009 4620 4747 105 45 (Figures in 000 MT)
Future Projection of Bitumen Consumption 7165 6544 6687 6878 6114 6305 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 (Figures in 000 MT)
Current Specification-IS 73/2013 Parameters/Grades VG 10 VG 30 VG 40 Penetration @ 25 o C, 0.1 mm, Min 80 45 35 Absolute Viscosity @ 60 o C, poise 800 1200 2400-3600 3200-4800 Kinematic Viscosity @ 135 o C, cst, min 250 350 400 Flash Point, o C, COC, min 220 220 220 Solubility in tricholoro-ethylene, percentage, min 99.0 99.0 99.0 Softening point, o C, min 40 47 50 Tests on residue from rolling TFOT a) Viscosity ratio @ 60 o C, max Tests on residue from rolling TFOT a) Ductility @ 25 o C, min 4 4 4 75 40 25 20
Hindustan Petroleum Corporation Limited, India
Our History 1952 1955 1962 1974 Incorporation of Standard Vacuum Refining Company (StanVac) Incorporation of Caltex Oil Refining StanVac operations taken over by ESSO Takeover and merger of ESSO and Lube India into HPCL 1978 1979 Merger of Caltex with HPCL Merger of Kosan Gas with HPCL Origin in Private Sector : Blend of Private & Public Sector Expertise
Vision To be a World Class Energy Company known for caring and delighting customers with high quality products and innovative services across domestic & international markets with aggressive growth and delivering superior financial performance. The Company will be a model of Excellence in meeting Social commitment, Environment, Health & Safety and in employee welfare & relations
HPCL Offices No. of employees* = 10,538 Office Number Corporate Headquarters, Mumbai 1 Marketing Headquarters, Mumbai 1 Coordination Office, Delhi 1 Data Centre, Hyderabad 1 ERP Centre, Mumbai 1 R&D Centre, Bangalore 1 Retail Zonal Offices 7 Retail Regional Offices 56 LPG Zonal Offices 6 LPG Regional Offices 32 Direct Sales Regional Offices 18 *as of March 16
Business Portfolio
Marketing Strategic Business Units Retail LPG Direct Sales Aviation
HPCL Supply Infrastructure Terminals / TOPs Depots LPG Plants ASFs 35 69 45 35 Description As of 30.06.2015 POL pipeline network 2,514 Kms Pipeline capacity 23.57 MMTPA POL Tankage 3.1 MMT LPG Storage capacity 96 TMT LPG bottling capacity 3.85 MMTPA LPG Distributors 4,031 Lube Blending Plants Retail Outlets Lube blending Plant capacity QC Labs 250 TMTPA 45 Nos. 7 13,281 As of 30.06.2015
Petroleum & Oil Pipelines Note: Following 2 operational P/ls are not shown in map 1. Bathinda Ramanmandi P/L (30 Kms; 1.13 MMTPA) 2. Bahadurgarh - Tikrikalan P/L (14 Kms 2 spurs; 0.75 MMTPA) * Excluding MHB JVC P/L
Further Details Please Contact Hindustan Petroleum Corporation Ltd. Petroleum House, 17, Jamshedji Tata Road, Post Box No.11041, Mumbai, India 400 020 www.hindustanpetroleum.com Disclaimer The information contained in this material have been obtained from sources believed to be reliable, but no representation or warranty express or implied, is made that such information is accurate or complete and it should not be relied upon as such. The information contained in this material may not be perfect and some part of the information may be left out. All estimates and opinions included in this material constitute our judgment as of the date of this material and may be subject to change without notice. This material is for the use of intended recipient and should not be reproduced in whole or in part without the prior written consent of Hindustan Petroleum Corporation Limited.
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