ONGC shares in focus as gas sales begin from Rajasthan’s Chinnewala Tibba field
Shares of Oil and Natural Gas Corporation (ONGC) are set to be in focus on Tuesday after the state-owned explorer commenced sales of natural gas from the Chinnewala Tibba field, marking the monetisation of the Discovered Small Field (DSF-II) block in Rajasthan’s Kutch Onland Exploratory Asset (RKOEA).
ONGC said on Monday it has officially started sales of natural gas from the RJ/ONDSF/Chinnewala/2018 block. Located in Western Rajasthan near the Indo-Pak border, the Chinnewala Tibba block spans 73 sq. km and holds promising reserves.
