ONGC’s eastern offshore asset based at Kakinada is reportedly enhancing its gas production substantially from February and is in a position to offer gas to many more user industries.
The asset, currently producing one million cubic meters per day, will increase it by an additional 5 millions per day from the next month onwards. Moreover, many existing units, suffering for want of gas, as well as new units would get gas.
ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.
