India’s Crude Oil manufacturing declines five% in October

India’s Crude Oil manufacturing declines five% in October

by admin- Monday, December 2nd, 2019 06:32:43 PM

India’s crude oil production fell 5.09% in October this 12 months over the corresponding period within the preceding year as country-owned ONGC and Oil India ignored target output, authentic statistics confirmed.

According to data launched via the Ministry of Petroleum and Natural Gas, crude oil production in October 2019 stood at 2,738.Forty four thousand metric tonnes (TMT), which became 7.21% lower than month-to-month goal and five.09% lower when compared with October 2018.

Cumulative crude oil manufacturing at some stage in April-October duration of 2019 was 19,110.46 TMT, which became 4.Ninety one% and 5.Eighty three% lower than goal for the period and production all through corresponding duration of final yr, respectively.

Natural gas production fell 5.6% 12 months-on-yr to two,641.04 Million Metric Standard Cubic Meters (MMSCM) in October 2019. Cumulative natural fuel production throughout April-October, 2019 stood at 18,646.15 MMSCM, down 2.13% as compared to corresponding duration of final yr.

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