‘Govt. move to boost ONGC, OIL gas ouput’

The Hindu - - BUSINESS -

The govern­ment’s plan to of­fer PSUs spe­cial in­cen­tives for nat­u­ral gas dis­cov­er­ies in dif­fi­cult and un­vi­able ar­eas will help raise In­dia’s nat­u­ral gas pro­duc­tion as it will un­lock out­put in a dozen fields of State-owned ONGC and OIL, of­fi­cials said. In­dia cur­rently pro­duces about 90 mil­lion met­ric stan­dard cu­bic me­ter per day (mm­scmd) of nat­u­ral gas and has am­bi­tious plans to dou­ble the out­put by 2022 to re­duce its reliance on im­ports.

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