PM Narendra Modi flags off first crude oil tanker from ONGC’s KG project

Prime Minister Narendra Modi on Saturday flagged off the first tanker – Swarna Sindhu – carrying crude oil produced in state-owned ONGC’s Krishna Godavari deepwater block. At its peak production, this project will add 7 per cent each to India’s oil and gas production, the national oil and gas company said in a statement.

Developed with an investment of over Rs 41,000 crore, the KG-DWN 98/2 Deepwater Oil Field M in the Krishna Godavari Basin is considered to be one of the most technologically complex projects in India’s oil and gas industry to date.

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