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ONGC sees its gas output hitting 5 yr high in fiscal 2018

ONGC sees its gas output hitting 5 yr high in fiscal 2018

Friday, April 7, 2017, 12:57 PM

Oil and Natural Gas Corp (ONGC.NS) expects its natural gas production to reach a 5-year high in the current fiscal year following the start-up in coming weeks of a long-delayed project in the Arabian Sea. State-owned ONGC, which accounts for about two-thirds of India's total natural gas production, is likely to produce close to 25 billion cubic meters of gas in fiscal 2018.
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