India’s domestic crude oil production for the April to January period of the current fiscal came in at 24.5 million metric tonne, registering a marginal decline of 0.4% compared with the first 10 months of last fiscal, data from the Petroleum Planning and Analysis Cell showed. The production also fell short of the target of 25.1 MMT for the Apr-Jan period.
Of this, output ONGC’s output fell by 3% at 15.1 MMT from last year. The company had a target of 16.1 MMT production. Oil India, on the contrary, achieved its target 2.8 MMT production for the period.
