Iran signs up Gazprom for developing ONGC discovered Farzad B gasfield
The Dollar Business Bureau In an apparent rebuff to the Indian government for cutting down oil imports from its country, Iran has decided to sign a pact with Russia’s Gazprom for developing the ONGC discovered Farzad B gas field. The Farzad B Iranian natural gas field was discovered by ONGC in 2012. Commencing production in 2013, the total in-place reserves of the gas field are around, 21.7 trillion cubic feet of which around 60% is recoverable while production is slated to be around 1.1 billion cubic feet/day. Since Iran kept delaying in awarding the rights to develop to ONGC, India decided to cut down the oil imports by a fifth or 190,000 barrels per day from 240,000 bpd, in 2017-18. In return, Iran ...
Govt begins anti-dumping probe on imports of 2-Ethyl Hexanol
The Indian government has been working out on the transaction-wise details of imports of 2- EH over the last three years The Dollar Business Bureau 2-Ethyl Hexanol is a colourless liquid used in several products and processes including functional fluid, solvents, process chemical, fragrances and several other chemicals such as plasticisers and emollients. The government has initiated anti-dumping investigation on imports of 2-Ethyl Hexanol (2-EH) from the US, European Union (EU), China, Saudi Arabia, Taipei, Malaysia and Indonesia. 2-Ethyl Hexanol is a colourless liquid used in several products and processes including functional fluid, solvents, process chemical, fragrances and several other chemicals such as plasticisers and emollients. The decision was taken after The Andhra Petrochemicals Ltd., the only producer of 2-Ethyl Hexanol in India, alleged ...
Anti-Dumping Duty investigation concerning imports of 2-Ethyl Hexanol
Dated 20th November, 2014 | Copy of | Notification | INITIATION NOTIFICATION Initiation of Anti-Dumping Duty investigation concerning imports of “2-Ethyl Hexanol” originating in or exported from EU, Indonesia, Korea RP, Malaysia, Saudi Arabia, Chinese Taipei and USA. Whereas, M/s Andhra Petrochemicals Limited, (hereinafter referred to as ‘petitioner’ or “the applicant”) has filed an application (also referred to as petition) before the Designated Authority (hereinafter also referred to as the Authority) in accordance with the Customs Tariff Act, 1975 as amended from time to time (hereinafter referred to as the Act) read with Customs Tariff (Identification, Assessment and Collection of Anti-Dumping Duty on Dumped articles and for Determination of injury) Rules, 1995 as amended from time to time (hereinafter ...
