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ONGC invites bids for KG offshore gas

13 Apr 2021 Evaluate

Oil and Natural Gas Corporation (ONGC) has invited bids for the sale of initial 2 million standard cubic meters per day of gas from its KG basin fields at a minimum price of $ 6.6 per mmBtu. According to the tender document, ONGC intends to start natural gas sale from its KG-DWN-98/2 block, which sits next to Reliance Industries (RIL)-BP Plc operated KG-D6 fields, from June-end.

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.

ONGC Share Price

234.10 -2.40 (-1.01%)
25-Aug-2026 15:16 View Price Chart
Peers
Company Name CMP
ONGC 234.10
Oil India 466.25
Jindal Drilling&Inds 615.00
Deep Industries 650.00
Asian Energy Service 452.35
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