Friday, December 12, 2025 | 06:29 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

KG Basin's Cluster-2 to help ONGC double production in 5-6 years

Firm has already flagged off 17 production related projects worth Rs 76,000 cr in past three years

ongc
premium

CRUDE LOGIC OF DEREGULATION: With effect from April 1, the government has cut the natural gas price to $2.48 per million British thermal units, which will be effective for six months

Shine Jacob New Delhi
State-run Oil and Natural Gas Corporation (ONGC) is set to double its production in the next five to six years, through its recent investments in gas-based projects including the much hyped Cluster-2 of the Krishna Godawari basin, the company chairman Dinesh K Sarraf said on Tuesday. 

Addressing an Independence Day function in Dehradun, Sarraf said, “The share of gas in India’s energy basket is set to increase from 6.5 per cent to 15 per cent. Government is focused on making our economy gas based.”

The company has already flagged off 17 production related projects with a capital expenditure of Rs