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Report on Hazira(Gujarat, India) Oil and Gas Field Trip

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REPORT ON FIELD VISIT TO
HAZIRA OIL FIELD

BY:- JOYDEEP MUKHERJEE ROLL NO:-20081020 PGP-08, IPMG

OVERVIEW OF THE INDUSTRIAL TRIP

An overview of the Oil and Gas sector was developed as we visited the 4 organizations, namely GSEG, GSPL & GSPC Gas station, GSPC-NIKO Resources Limited and SHELL in Hazira. Amongst the companies visited, there were both upstream and downstream ones and their effects in the value chain were duly …show more content…

This company has a specialized LNG port that takes care of the LNG cargo that comes from various parts of the world. This company mainly converts the Liquified form of Natural Gas to its vapour form and then markets it to the customers through GAIL. GAIL acts as the regulatory company out here. The company mainly relies on the ‘spot markets’ to acquire the Liquid Natural Gas for its various customers, i.e. till now there is no long term contract for the company. Though the company has no security of supply but it has a much flexible outlook, and acts accordingly.
The company adheres to strict safety measures and the norms which are followed are globally accepted ones. Special suits can be seen worn by people who were working in the field. The company has 10 permanent employees taking care of the port facilities and 90 employees looking after the processes that take care of the vaporization of the Liquid Natural Gas for ready use by customers. Mr Parag, employee of SHELL, explained that though the Natural Gas produced by the company when compared to domestic companies is not economical, but the company isn’t much worried about this fact as the demand-supply gap is pretty much prevalent in our country. Whatever the output be, the market has a strong demand and is ready to pay the price for the resource of energy.

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