ONGC gas output jumps 6.5% to record high in FY19
New Delhi: Reversing years of decline, state-owned Oil and Natural Gas Corp has reported a record 6.5 per cent jump in natural gas production to 25.9 billion cubic meters in the fiscal year ended March 31, 2019, as it doubles up efforts to raise domestic output to curb imports. Natural gas production from ONGC-operated nomination fields, NELP blocks and joint venture assets reached 25.819 BCM in 2018-19 as compared to 24.61 BCM output in the previous fiscal, ONGC Chairman and Managing Director Shashi Shanker said here. During 2018-19, the company has, for the first time in its six-decade-old history, witnessed the highest ever gas production of 71 million standard cubic meters per day in November 2018. The growth in output was largely contributed by C-26 Cluster fields, Daman and Vasai East fields in the western offshore as well as sub-sea well S2AB in the eastern offshore, he said adding ONGC has charted out a plan to double the gas production at 42.7 BCM by 2021-22.
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