KG basin gas output: ONGC to use GSPC’s undersea infra for some discoveries

KG basin gas output: ONGC to use GSPC’s undersea infra for some discoveries

Oil and Natural Gas Corporation (ONGC) plans to use undersea infrastructure of Gujarat firm GSPC to produce gas from its own KG-basin fields in the Bay of Bengal.

ONGC last year agreed to buy Gujarat State Petroleum Corporation’s (GSPC) 80 per cent interest in the KG-OSN-2001/3 block, which sits next to the state-owned firm’s KG-DWN-98/2 or KG-D5 block. Read More…

 

 

Credit By: Business Standard

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