New Delhi: Domestic crude oil production fell 4% and natural gas output declined 3% in April from a year earlier, the oil ministry data showed on Monday.
Oil and Natural Gas Corp’s (ONGC) crude oil production fell 6% from a year earlier while the output at Oil India Ltd and the private sector producers remained nearly stable. For years, India has found it hard to arrest the decline in crude output as producing fields have natured while new major discoveries have been hard to make.
ONGC’s natural gas production also fell 6% in April over the year-ago period while output at both Oil India and the private players rose 3%. Domestic consumption of natural gas rose 1% while imports rose 6.5% in April.
