Expect gas production volumes to go up 23% going ahead: ONGC

Expect gas production volumes to go up 23% going ahead: ONGC

Oil and Natural Gas Corporation (ONGC) has been rallying. Motilal Oswal has upgraded the stock after a long time stating that cost efficiency, production growth and dividend yields are the key drivers for a rerating.

AK Srinivasan, Director-Finance of the company analyses what the future may look like for the company.

Below is the verbatim transcript of the interview.

Sonia: I wanted to start by asking you about the gas output over the next few years because there are a lot of positive growth estimates coming in over there from the analyst fraternity. What will be your own assessment from the gas output over the next two years? Read More…

 

 

Credit By: Money Control

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