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Crude Oil Production Falls 6% On Cumulative Basis In April-February FY2020

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Capital Market

Domestic Crude oil production during February,2020 was 2399.51 TMT which is 16.99% lower than target and 6.41% lower when compared with February 2019. Cumulative crude oil production during April-February, 2019-20 was 29471.85 TMT which is 7.63% and 5.99% lower than target for the period and production during corresponding period of last year respectively.

Natural gas production during February,2020 was 2340.51 MMSCM which is 17.02% lower than the monthly target and 8.78% lower when compared with February, 2019. Cumulative natural gas production during April-February, 2019-20 was 28769.42 MMSCM which is 8.57% and 4.29% lower than target for the period and production during corresponding period of last year respectively.

 

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First Published: Mar 24 2020 | 6:12 PM IST

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