India’s crude oil production for the financial year 2018-19 dropped 4.15 per cent to 34.2 million tonne (MT), compared to 35.68 MT during the financial year 2017-18. On the other hand, natural gas production during the same period showed a marginal increase of 0.69 per cent.
Cumulative natural gas production during April-March period of the last financial year was seen at 32873.37 million metric standard cubic meter (MMSCM), compared to 32649.31 MMSCM during the same period in 2017-18.
Among the public sector undertakings, state-run Oil and Natural Gas Corporation (ONGC) saw 5.4 per cent drop in its crude production during April to March 2018-19 to 21.04 MT versus 22.25 MT during April-March period of 2017-18.
