ONGC sees crude oil production rising 11 pc, natural gas jumping 25 pc by FY25

Reversing the declining trend of the past few years, ONGC NSE 0.03 % said its crude oil production will rise 11 per cent and natural gas output will jump 25 per cent after newer discoveries in the western and eastern offshore start producing. In an investor presentation post FY22 earnings, Oil and Natural Gas Corporation NSE 0.03 % (ONGC) said crude oil production will rise from 19.545 million tonnes in the financial year ended March 31 (2021-22) to 19.88 million tonnes this year and 21.588 million tonnes in the next year.