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ONGC seeking minimum $17 price for coal gas from Bokaro block in Jharkhand

22 Jun 2022 Evaluate

Oil and Natural Gas Corporation (ONGC) is seeking a minimum $ 17 price for the gas it plans to produce from coal seams in its Bokaro CBM block in Jharkhand. The company invited bids for the sale of 0.20 million standard cubic metres per day of gas it plans to produce from the Bokaro CBM block by the year-end. It sought bids on a formula indexed to the prevailing Brent crude oil price.

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

284.00 0.05 (0.02%)
20-Apr-2026 12:32 View Price Chart
Peers
Company Name CMP
ONGC 284.00
Oil India 472.45
Jindal Drilling&Inds 549.20
Deep Industries 483.25
Asian Energy Service 315.20
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