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ONGC Videsh arm hopes for a turnaround with hike in Russian field output

In 2015, OVL started to set up this utilisation plant to extract the heavier components from Associated Gas and make value-added products

Topics
ONGC | ONGC Videsh | oil field

Twesh Mishra  |  New Delhi 



oil and gas, crude, offshore, drill, reserves
OVL’s total oil production in FY21 stood at 8.51 mt and gas output was 4.529 bcm, down from 9.755 mt and 5.226 bcm, respectively, in FY20.

Imperial Energy, a subsidiary of Videsh (OVL), is expected to increase its output from the Snezhnoye in Russia. This has been possible because of an Associated Petroleum Gas utilisa­tion plant commissioned in 2020.

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First Published: Mon, July 12 2021. 06:10 IST

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