India’s oil production in February dips 6.4 per cent on lower private sector output
NEW DELHI: India’s oil production fell 6.4 per cent in February as a decline in output from fields operated by private firms negated a rise in production from ONGCNSE 1.14 % fields.
Crude oil production at 2.39 million tonnes in February was 6.41 per cent lower than 2.56 million tonnes output in the same month a year back, according to official data released by the oil ministry here.
State-owned Oil and Natural Gas Corp (ONGC) reported a 4.64 per cent rise in production at 1.67 million tonnes as output from its offshore fields saw a pick-up.
