Energy Outlook
1986
DTI financial was founded.
2015
Energy division DGA was created recognizing the India growing need for better and cheaper energy options.
2016
Met with the President of Equatorial Guinea and the EG Ministry of Mines to discuss DGA participation towards development in EG.
2016
Entered in preliminary talks for development of EG-01 block. Concession awarded to DGA and its partners towards development of EG-01 oil block.
2016
Completed internal geological audit of existing seismic data.
2016
Completed formal business of the opportunity in Equatorial Guinea.
2016
Test hole drilled. Schlumberger lab report indicate commercial dry methane gas
consistent with surrounding wells.
2016
Signed a contract with Ramoworld India to expand DGA sales team in India.
2017
Started the process of to identify and shortlist the right investment part developing EG 01 block in Equatorial Guinea.
2017
Formalized India market sales business plan with the initial focus being to identify and sell LNG to both the Indian Majors and regional power plants..
2018
Finalized a $60 million first round of funding towards development of EG 01 block in Equatorial Guinea.
2018
Formalized sales agreements with several selected Indian majors and power plants towards suppling them LNG. .
2018
Invited to meet with stakeholders in Indian LNG marketplace to help plan and facilitate expanding India LNG infrastructure.
2018
Signed contract with current concession holder to drill and produce in a large offshore oil producing block in Middle East region.
2018
Formalized and executed a term sheet with major drilling company with experience of drilling over 7,000 producing wells for E&P for Middle East Block.
Timeline – Forward Looking
- Continue to identify additional strategic sourcing partners to fulfill India ever increasing LNG needs.
- Expand our Trading Capabilities
- We can currently offer you up to 800,000 MT per
month of LNG at some of the lowest prices
worldwide. FOB Singapore - We offer fixed price LNG contracts for 12 months
- Renewable up to Five Years DES/CIF pricing
- Earliest LNG available date May 1, 2020
- 100,000 MT per shipload
Typical LNG Specifications
Parameter
Value
Nitrogen
0.19%
Methane (CH4)
More than 91%
C2H6
6.65%
C3H8
2.3%
i-C4H10
0.41%
Total
100%
HHV Gas Btu/SCF
1115.6
WOBBE Index
1412.6
GPM C2+
2.72
