{"id":358527,"date":"2020-06-22T10:18:19","date_gmt":"2020-06-22T04:48:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=358527"},"modified":"2020-06-22T10:18:19","modified_gmt":"2020-06-22T04:48:19","slug":"ongc-looking-at-optimising-capex-after-covid-19-impacts-project-execution","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-looking-at-optimising-capex-after-covid-19-impacts-project-execution\/","title":{"rendered":"ONGC looking at optimising capex after COVID-19 impacts project execution"},"content":{"rendered":"<p>NEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) has warned that the COVID-19 pandemic will impact the speed of execution of its projects and the company is identifying opportunities for optimisation of capital and operating expenditure. While about 9 per cent of the company&#8217;s natural gas output was impacted by inability of customers to take supplies due to the coronavirus lockdown, lower oil and gas prices had impacted its revenues, the company said.<\/p>\n<p>In a note on the material impact of COVID-19 pandemic submitted to stock exchanges, ONGC said operations and production have gone on uninterrupted during the nationwide lockdown imposed on March 25 to contain the spread of the coronavirus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) has warned that the COVID-19 pandemic will impact the speed of execution of its projects and the company is identifying opportunities for optimisation of capital and operating expenditure. While about 9 per cent of the company&#8217;s natural gas output was impacted by inability of customers to take supplies due to the coronavirus lockdown, lower oil and gas prices had impacted its revenues, the company said. In a note on the material impact of COVID-19 pandemic submitted to stock exchanges, ONGC said operations and production have gone on uninterrupted during the nationwide [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-358527","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=358527"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358527\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=358527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=358527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=358527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}