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ONGC's natural gas production hits all-time high of about 70 mmscmd

21 Nov 2018 Evaluate

Oil and Natural Gas Corporation’s (ONGC) natural gas production has hit an all-time high of about 70 million standard cubic meters (mmscmd) per day as it doubles up efforts to raise domestic output to curb imports. The company has produced about 64 mmscmd of gas in November last year and this year the output is close to touching 70 mmscmd.

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.

Peers
Company Name CMP
ONGC 221.30
Oil India 451.15
Jindal Drilling&Inds 598.05
Deep Industries 797.95
Asian Energy Service 473.90
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