HPCL E & P Brochure August 09 vr 4 - Hindustan Petroleum ...

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HP-E&P VISION HP-E&P is World Class & Technically Proficient, with Global presence, delivering Superior Returns from a Sustainable Balanced Portfolio with highest commitment to HSSE and Society.
HPCL 1 history Hindustan Petroleum Corporation Limited (“HPCL”) is a key public sector player in India's oil and gas industry with 51.01% Government ownership. The Company is ranked 311th amongst the “Fortune-500” group of 2009, The Turnover during 2008-09 was Rs. 116,428 crores (US $ 24 Billion). It has been in operation for over a century since the erstwhile Standard Oil Company started operations in India. HPCL, with a Net Worth of US $ 2.2 billion is currently categorized as one of the “Navratnas” or nine jewels by the Government of India. It is listed on Bombay Stock Exchange and National Stock Exchange and has a market capitalization of approximately US $ 2.46 billion. Primarily a refining and marketing company, HPCL – has a 10.3% share of India's refining capacity. It owns two refineries at Mumbai and Visakh with a total processing capacity of 13 million metric Tons per annum (MMTPA). After the ongoing Refinery upgrading projects get completed at both refineries, total refining capacity would be enhanced to 18 MMTPA, besides producing Euro-III / Euro-IV Gasoline and Euro-III Diesel and gaining flexibility to process higher quantum of heavier and sour crudes. The Corporation owns and operates India's largest Lube refinery at Mumbai, with annual capacity of 335,000 tons, which accounts for 40% of the total domestic production. This project is expected to be completed by end-2010 at a approx. cost of Rs. 18,000 crores and would cater to its marketing requirement in North India. The Corporation has a country-wide marketing network and a whole range of automotive and industrial petroleum products. The company has about 18.01% market share equivalent to around 25.4 MMTPA and majority revenue is from its over 8500 Retail outlets. The Marketing division focuses on Quality and Quantity assurance to customers. It is the industry leader in automation of facilities and aggressively markets Lubricants, Industrial and Consumer products, Aviation fuel and Bitumen besides penetrating to rural and highway segments. It operates four cross-country pipelines to enhance product availability and minimize transportation cost from its refineries with over 14 MMTPA capacity, including the new pipeline project of 1048 kms. with approx. 5 MMTPA capacity from Mundra to Bahadurgarh, near Delhi. . The Corporation has a skilled and experienced workforce of around 11,200 employees working all over India at its various refining and marketing locations for operating the extensive refining and marketing infrastructural facilities. 2 It also has a 16.95% stake in a Joint Venture (JV) refinery at Mangalore with a capacity of 9 MMTPA. HPCL is promoting 9 MMTPA state-of-the-art grass-root Refinery project at Bhatinda, Punjab with M/s. Mittal Energy Investments Pte. Ltd. as JV partner. HPCL has invested in existing business and diversified areas through its Joint Venture Companies (JVC) for grass-root refinery projects, upstream E&P business, natural gas distribution, LPG import and value-added Bitumen and pipelines.
Page 1: EXPLORATION & PRODUCTION
Page 5 and 6: 2 HPCL FORAY INTO E&P BUSINESS cont
Page 7 and 8: 3 OVERSEAS EXPLORATION ASSETS OF HP
Page 9 and 10: 5 Our E&P strategy Using a standard
Page 11 and 12: HPCL 6 E&P blocks HPCL E&P Blocks S

HPCL E & P Brochure August 09 vr 4 - Hindustan Petroleum ...

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