(a) whether the Government have proposed to start any Joint Venture Projects in the petroleum and oil sector in collaboration with private sector and foreign companies or Multi National Companies as strategic partners;
(b) if so, the details thereof;
(c) whether the Government is expecting high gain from the Joint Venture Projects with the MNC`s; and
(d) if so, the details thereof and the Joint Venture Projects already in existence and proposed to be started soon in India?
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS ( SHRI SANTOSH KUMAR GANGWAR )
(a) to (d): In keeping with the current management practices world over, public sector undertakings in the oil sector have been forming joint venture companies with private sector and foreign companies including multi-national companies. The purpose of entering into joint venture is to gain access to the latest technology, know-how, strategies and finance through the joint venture partners.
Details of the joint ventures already in operation and also those under implementation in the oil sector are at Annexure.
ANNEXURE
Annexure referred to in reply to parts (a) to (d) of Lok Sabha Unstarred Question No.1897 for November 30, 2000.
Sl.No. Name of Promoters Business Joint Venture
1. Indo-Mobil IOC and Mobil To import, blend Limited Petroleum Co.Inc and market Mobil brand lubricants
2. Avi-oil India IOC, Balmer For aviation Limited Lawrie and NYCO lubricants SA, France
3. Indian Oil IOC, IBP and Oil Development of Tanking Ltd. Tanking Gmbh, infrastructural (IOTL) Germany facilities for storage of petroleum products
4. Lubrizol India IOC and Lubrizol Manufacture of lube Limited Corporation, USA additives
5. Petronet India IOC, BPC, HPC, Implementation of Ltd. (PIL) ICICI, SBI, EOL, identified future ILES and RPL product pipeline Projects
6. Petronet IOC, PIL, and others Transportation of Vadinar Kandla petroleum products Limited (Vadinar-Kandla)
7. Petronet IOC, PIL, and others For transportation of Chennai petroleum products Trichy-Madurai (Chennai-Trichy- Limited Madurai)
8. Petronet LNG IOC, GAIL, BPC, Development of Ltd.(PLL) ONGC and other facilities for import Strategic partners and utilisation of LNG & FIs
9. Indian Oil IOC and Petronas, For setting up of LNG Petronas Malaysia Import facilities at Ltd. (IPL) Haldia
10. Indian Oil IOC and Marubeni Setting up of Power Panipat Power Corporation Project at Panipat Consortium Ltd. (IPPCL)
11. Indian Oil TCG IOC, The Chatterjee To own, operate and Petrochem Ltd. Group (TCG) Manage petrochemical Business
12. Mangalore HPCL and AV Birla Refining of crude oil Refinery & Group of Companies Petrochemicals Limited(MRPL)
13. Hindustan Colas HPCL and M/s. Colas, To Produce and market Ltd.(HINCOL) France bitumen emulsions
14. Prize Petroleum Co. HPCL, ICICI, TDICI For exploration and Ltd.(PPL)and HDFC exploration of Ltd. (SALPG)France Hydrocarbo
15. South Asia LPG Co. HPCL & M/s.TOTAL, To construct an LPG Vishakhapatanam
16. Petronet HPCL and Petronet Laying of pipeline from Mangalore Inida Limited Mangalore to import terminal at Hassan Bangalore Devangunthi near Ltd. (PMHBL) Bangalore
17. Hindustan Oman HPCL and Oman Oil For setting up a Petroleum Company refinery in Western Company Ltd. India (HOPCL)
18. Bharat Oman BPCL and Oman Oil Setting up a refinery Refineries Ltd. Company at Bina (MP) (BORL)
19. Bharat Shell Ltd. BPCL and Shell To market Shell (BSL) Overseas Investments branded lubricants BV
20. Mahanagar Gas GAIL and British Supply of piped gas Ltd. (MGL) Gas gas and CNG in Mumbai city
21. Indraprashtha GAIL, BPCL and Govt. Supply of piped gas Gas Ltd.(IGL) of NCT of Delhi. And CNG in NCT of Delhi.