ONGC Petro additions Limited (OPaL), a private joint venture company was incorporated in year 2006, by Oil and Natural Gas Corporation (ONGC) and Gujarat State Petroleum Corporation (GSPC), with 26 per cent and 5 per cent stakes respectively. Later, Gas Authority of India Limited (GAIL) also acquired a 19 per cent stake in OPaL
OPaL aims to provide world-class products and services across the globe by effective use of technology, while being sensitive towards the environment at all times. It is setting up a grass root Mega Petrochemical project in the PCPIR / SEZ zone at Port City of Dahej, Gujarat, India. The complex will have a 1.1 Million tons Dual Feed cracker. It will mainly produce HDPE (Swing and Dedicated lines), LLDPE, PP, Benzene, Butadiene, CBFS and Pygas. Likely date of commissioning is first quarter of 2014.
C2-C3 Project of ONGC
This project is being implemented by ONGC Petro Additions Ltd. (OPaL). Since, ONGC has been given the rights to extract the rich C2+ components from the first 5 MMTPA rich LNG supplied by M/s Ras Gas, Qatar to M/s Petronet LNG Ltd, it ONGC has set up a first of its kind C2 + extraction plant in the SEZ region of Dahej, Gujarat.
Based on the C2 + streams from the extraction plant and the Naphtha produced from ONGC’s Uran and Hazria plants, ONGC has conceptualized a mega petrochemical project of 1.1 MMTPA dual feed cracker which shall be producing 1100 KTPA of ethylene and 360 KTPA propylene which shall be processed in the downstream units to produce various grades of polymers like HdPE, LLdPE, PP, Butene-1 etc.