ONGC enters into gas sale agreements with GAIL India, Assam Gas Company

25 Jul 2022 Evaluate

Oil and Natural Gas Corporation (ONGC) has entered into gas sale agreements with GAIL India and Assam Gas Company (AGCL) to monetise its upcoming field at Khubal in North Tripura district. Under the agreement, the GAIL and AGCL will receive 50,000 standard cubic metre of gas each from Khubal Gas Gathering Station (GGS).

Once it starts production, Khubal will be the tenth producing field of ONGC in Tripura. Khubal GGS will have a capacity to process 0.44 MMSCMD (4,40,000 standard cubic meters) of gas for which the process of construction has already been started.

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.

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