India’s Natural Gas production falls 4% in August

India’s Natural Gas production falls 4% in August

by admin- Thursday, October 3rd, 2019 08:43:30 PM

India’s herbal gasoline manufacturing in August declined four% to two,688 Million Standard Cubic Meter (MMSCM) due to drop in fields operated by means of Oil and Natural Gas Corporation (ONGC), Oil India and Joint Ventures (JVs).

Cumulatively, the u . S . A .’s herbal gas manufacturing inside the first 5 months (April-August) of the current financial yr (2019-2020) declined by way of a marginal 0.Ninety eight consistent with cent to thirteen,437 MMSCM, typically due to drop in manufacturing from fields operated by Joint Ventures (JVs) or beneath Production Sharing Contracts (PSC).

ONGC, the usa’s biggest producer of crude oil and natural fuel posted a three according to cent decline in natural gasoline production to two,007 MMSCM in August. Cumulatively, the agency’s fuel manufacturing within the first five months declined 3.53 according to cent to 10,158 MMSCM.

Oil India, some other nation-owned oil and gasoline explorer, posted a marginal decline in gas manufacturing to 237 MMSCM in August due to decline in manufacturing from fields in Assam. Cumulatively, the agency’s output in the first five months rose 1.34 per cent to 1,153 MMSCM.

Gas manufacturing from fields operated by way of Joint Ventures or those beneath PSCs slumped 9.Forty six in keeping with cent to 444 MMSCM in August. Cumulatively, natural gasoline production within the first 5 months of the present day economic 12 months from fields below PSC dropped 12 consistent with cent to 2,126 MMSCM.

News Updates