City
Epaper

India's natural gas production rises 12.17 per cent in January

By ANI | Updated: February 23, 2022 18:40 IST

Production of natural gas in India rose by 12.17 per cent to 2,861.09 Million Metric Standard Cubic Meters (MMSCM) in January 2022 when compared with the output during the corresponding month of last year, the government data showed on Wednesday.

Open in App

Production of natural gas in India rose by 12.17 per cent to 2,861.09 Million Metric Standard Cubic Meters (MMSCM) in January 2022 when compared with the output during the corresponding month of last year, the government data showed on Wednesday.

However, the natural gas output is 16.47 per cent lower than the official target for the month.

Cumulative natural gas production during April-January 2021-22 was 28535 MMSCM, which is 20.50 per cent higher than production during the corresponding period of last year but 9.59 per cent lower when compared with the target for the period, according to data released by the Ministry of Petroleum & Natural Gas.

Natural gas production by Oil and Natural Gas Corporation (ONGC) in the nomination blocks during January 2022 was 1749.35 MMSCM, which is 12.53 per cent lower than the target for the month and 6.24 per cent lower than the production of January 2021.

Cumulative natural gas production by ONGC during April-January, 2021-22 was 17291.18 MMSCM, which is 11.28 per cent and 6.08 per cent lower than the target for the period and production during the corresponding period of last year, respectively.

Natural gas production by Oil India Ltd (OIL) in the nomination block during January 2022 was 232.98 MMSCM which is 9.92 per cent higher than the target for the month and 6.81 per cent lower than the production of January 2021. Cumulative natural gas production by OIL during April-January 2021-22 was 2422.75 MMSCM, which is 16.38 per cent higher than production during the corresponding period of last year but 2.03 per cent lower than the target for the period.

"Shortfall in production is due to less than the planned contribution from workover wells and drilling wells," the Ministry said.

Natural gas production by Pvt/JVs companies in the PSC/RSC/CBM regime during January 2022 was 878.76 MMSCM, which is 85.78 per cent higher than the production of January 2021 but 25.22 per cent lower than the target for the month.

Cumulative natural gas production by Pvt/JVs during April-January, 2021-22 was 8821.07 MMSCM, which is 176.71 per cent higher than production during the corresponding period of last year but 8.12 per cent lower than the target for the period.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Ministry of petroleum & natural gasNatural Gas Corporation
Open in App

Related Stories

NationalGovernment Scraps 30-Month-Old Windfall Profit Tax on Crude Oil and Fuel Exports

InternationalONGC discovers oil, gas in 2 Mumbai offshore blocks

NationalCabinet approves revised domestic gas pricing guidelines, domestic consumers to have stable pricing regime

BusinessIndia Energy Week: ONGC recreates offshore platform at its pavilion

InternationalPetroleum Minister re-dedicates ONGC's Sagar Samrat as mobile offshore production unit

Business Realted Stories

BusinessMillions benefited from Ayushman health cards, now is the time for Delhi: Hardeep Puri

BusinessViksit Bharat will be driven by start-ups and innovation: IIT Madras Director

BusinessIndia sees robust 10.35 pc annual growth in domestic airline passengers in FY25

BusinessSwiggi Instamart to create dedicated 'cooperative' category on its platform, signs MoU

BusinessIDFC FIRST Bank posts nearly 60 pc net profit loss at Rs 295.6 crore in Q4 FY25