Crude oil production falls five% in October

Crude oil production falls five% in October

by admin- Friday, November 23rd, 2018 09:05:36 AM

The domestic crude oil production stood at 2.89 million tonne (mt) at some point of October 2018, five.03 in keeping with cent decrease than crude oil manufacturing suggested in October 2017. Refinery output for the duration of the month beneath attention became 21.88 mt, 1.02 in keeping with cent decrease whilst compared with October 2017. Natural gas manufacturing in the course of October 2018 turned into suggested at 2797.Sixty seven million trendy cubic meters, marginally lower by way of zero.38 in line with cent whilst in comparison with closing 12 months.

Crude oil manufacturing by using ONGC in the course of October 2018 stood at 1.77 mt that is 6.Fifty six in step with cent lower while in comparison with October 2017. Crude oil manufacturing by way of Oil India Limited (OIL) stood at zero.28 million tonne, 1.35 consistent with cent decrease whilst in comparison with October last year. Crude oil production via non-public and joint venture initiatives during October 2018 changed into 0.Eighty four mt, 2.89 per cent lower than manufacturing all through October 2017.

Natural gas production by means of ONGC throughout the month below attention was 2110.39 MMSCM, 4.60 in keeping with cent better whilst compared with final yr. Total fuel production become pulled down with the aid of OIL and production from non-public and joint undertaking tasks for the duration of October 2018. OIL’s gasoline production stood at 235.Forty eight MMSCM that’s 3.19 consistent with cent lower than October 2017. Natural gasoline production by personal or joint venture tasks become 451.Seventy nine MMSCM that’s 17.50 consistent with cent lower while in comparison with production all through October 2017.

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