Domestic gas output falls in FY20 after two years of growth

With oil and gas production becoming increasingly unviable for energy companies, domestic natural gas output fell 2.8% year-on-year (y-o-y) to 31,168.4 million metric standard cubic metre (mmscm) in FY20, reversing the growth trend recorded since FY18.

Also, the 32.2 metric tonne (MT) of crude oil produced in the country in the fiscal was 0.9% lower than the production from a year-ago period.