Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌



Friday, June 13, 2014

Keep Watch: Oil and Gas Stocks of Upstream Oil Companies
Oil and gas stocks could be doing well in the near future as there are murmurs in New Delhi, that the NDA government could soon be taking a decision on the gas price hike issue.

Originally, the gas prices hike based on the formula suggested by C Rangarajan panel was set to be effective starting April 1, 2014. However, the matter got delayed due to the general elections. If implemented, the gas prices could double from the existing $4.2 per million British thermal unit to over $8, as suggested by the Rangarajan panel.

Reports now suggest that the petroleum ministry is expected to make a presentation on the issues pertaining to the oil and gas sector to Prime Minister Narendra Modi in next few weeks and a clear direction on the road ahead will be clear post that. The Ministry had informed producers such as Reliance Industries (RIL) that the earliest possible date for hiking the gas price is July, 2014. The Ministry is required to notify the price for the July quarter within the first fortnight of June. It had earlier deferred the price hike, which was to come into effect from April 1, 2014.

Few stocks who could be major beneficiaries of such a formula are: ONGC (Rs.422.45), BPCL  (Rs.568.25), HPCL (Rs.393.25), IOC (Rs.333.20), Oil India Ltd (Rs.587.80) RIL (Rs.1081.95), GAIL (I) Ltd (Rs.416.80) and Shiv-Vani Oil and Gas Exploration Ltd (Rs.22.70).

The biggest gainers could be ONGC, RIL, Oil India Ltd, GAIL and Shiv-Vani Oil and Gas Exporation Ltd (Sentimental Effect). Even among the four, if the gas prices are revised, the biggest beneficiary will be ONGC because of the sheer volumes it produces. Besides, clarity on the subsidy will benefit the company, which has to shoulder some of the losses incurred by public sector oil retailers.

A world leader in upstream supply and support, Shiv-Vani Oil & Gas Exploration Services Ltd has been the preferred exploration partner of Oil and Gas majors in India and the Middle-East since 1989. Known for its integrated services for Exploration and Procurement of fossil fuels, Shiv-Vani has been the trusted partner of the Oil and Natural Gas Corporation Limited (ONGC), Oil India Limited (OIL) and Petroleum Development Oman (a Shell International operation). The company provides a bouquet of completely integrated services including shot-hole drilling, well-workover, deep drilling, seismic services and coal-bed methane extraction and handling, across 36-plus sites in India and the Middle East. Shiv-Vani has expanded its considerable capabilities through the acquisition of cutting edge technologies, latest equipment and the forging of new partnerships with Express Drilling Systems, USA, KCS, Kazakhstan and TNG Group, Russia.

In India the  Oil and gas companies face ever-growing pressure to produce, process, and import hydrocarbon energy. Their abilities to perform would improve greatly if they are free to compete instead of being forced, as they are now, to act as tools of the state.

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