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End-Semester Examination July, 2013 Semester III

Name of the Program E!"#$%il & 'as( )uration 3 *ours+ourse +ode !)S%-21

+ourse itle Petro E.onomi.s !ax/ !ars 100

his uestion aer has 3 ages/

Se.tion- #

$#ll arts of this uestion are +omulsory(

$102420(

Q.1.a) What are the tools for measuring exploration efficiency?

b) Mention the emerging types of alliances relevant to the upstream oil industry.

c) Define asset based management system.

d) What are the key modes of oil transportation?

e) Write a note on !"#.

f) "xplain the concept of Quik$rip perating Model.

g) "xplain the role of !latts % &rgus.

h) What are the principles underlying fficial 'elling !rice ('!)?

i) Discuss the concept of e*as'tation.

+) "xplain ,mport !arity !rice.

Se.tion-"

$#ttemt any 5I6E uestions from this se.tion(

$78420(

Q.-. Discuss the process of marketing of transportation fuels in ,ndia.

Q.. What are the strategies identified for "%! activities under the current /ive0ear !lan?

Q.. What are the key trends that are pushing for "trading in the oil and gas industry?

Q.2. $he sedimentary basins of ,ndia have been classified into 3hich categories?

Q.4. Discuss the gro3th of refining facilities in ,ndia.

Q.5. "xplain the concept of 'uper Ma+or $heory.

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Se.tion-+

$#ttemt any 5I6E uestions from this se.tion(

$79430(

Q.6. $he gro3th of marketing and distribution system for petroleum products in ,ndia has passed

through three different phases. "xplain these phases.

Q.7. #ompare &dministered !ricing Mechanism (&!M) 3ith Market Determined !ricing

Mechanism (MD!M).

Q.18. &naly9e the recent trends in :!* marketing by !';s.

Q.11. e3 "xploration % :icensing !olicy (>":!). What have been itslimitations?

Q.1."xplain ho3 companies can reduce the cost of :>*.

Se.tion-)

$+omulsory Se.tion(

$30(

Q. 1.

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distributors to receive their =uota of subsidised cylinders@H a release said.

'ome residents asked for more clarity on 0# procedures. H'ome customers are una3are about0# procedures. Fut instead of giving cylinders at nonsubsidised rate@ companies are no3

blocking the connection itself@H said Malathy 'ethuraman@ a customer in &vadi.

fficials said they have classified the multiple connection holders into 'ame >ame 'ame

&ddress('>'&) and Different >ame 'ame &ddress (D>'&) categories. & senior ,ndane official

said HWe have received 0# forms from - lakh D>'& and 6@888 '>'& from the state.H

,ndian il #orporation is currently the biggest provider of :!* in the state 3ith 57 lakh

consumers@ 3hile Bindustan !etroleum #orporation :td has -8 lakh consumers and Fharat

!etroleum #orporation :td has 2 lakh connections. Data from #ensus -811 sho3s the use of:!* in the state has increased by 1-8G.

(i) ;nder the :i=uefied !etroleum *as (