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ONGC and Oil India to price natural gas from new wells at 20% premium

Business Standard LogoBusiness Standard7h ago

ONGC and Oil India to price natural gas from new wells at 20% premium - Business Standard

Quick Summary:

The ONGC Board recently approved the Daman Upside Development project in its designated Mumbai High field.

This policy’s rollout aligns with the government’s ambition to boost the share of natural gas in the energy mix from the current 6 per cent to 15 per cent by 2030.

India’s sedimentary basins are estimated to contain about 651.8 million tonnes of crude oil and 1,138.6 billion cubic metres of natural gas.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 10:36:41 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22057415

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 278 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://beamstart.com/news/ongc-and-oil-india-to-17235261406866

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