Vol 15, PW 15 (09 Feb 12) News in Brief

State-owned refiner Hindustan Petroleum is busy evaluating techno-commercial bids submitted in its tender to hire a consultant to prepare a Detailed Feasibility Report (DFR) for its proposed Chhara LNG terminal in Gujarat.

PETROWATCH learns HPCL received offers from seven companies by its extended January 16 deadline: Technip India; Foster Wheeler Iberia; Gas Natural Fenosa; Sofregaz; Fichtner India; Saipem India; and, Tractebel Engineering India. “The response has been good,” reports HPCL.

“Our teams are examining the technical and commercial aspects of the offers received. We expect to open price bids within a month from now.

” HPCL is the only state-owned oil refiner with no stake in any Indian LNG terminal; it hopes to break into the domestic gas wholesale market through the Chhara project. HPCL sold tender documents from November 8 to December 18, and originally wanted bids in by December 20 but extended this to January 16 in light of the Christmas and New Year eve holidays.