{"id":411653,"date":"2021-04-23T10:22:49","date_gmt":"2021-04-23T04:52:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=411653"},"modified":"2021-04-23T11:12:13","modified_gmt":"2021-04-23T05:42:13","slug":"indias-gas-output-to-jump-52-by-2024-led-by-ongc-reliance-bp-says-new-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-gas-output-to-jump-52-by-2024-led-by-ongc-reliance-bp-says-new-report\/","title":{"rendered":"India&#8217;s gas output to jump 52% by 2024 led by ONGC, Reliance-BP, says new report"},"content":{"rendered":"<p>India&#8217;s natural gas production is projected to jump by 52 per cent to 122 million standard cubic metres per day by 2024 as state-owned Oil and Natural Gas Corporation (ONGC NSE -0.39 %) and Reliance Industries NSE 0.24 % Ltd-BP combine raise output from the KG basin fields. Natural gas production in 2019-20 was 85 mmscmd, which is estimated to have fallen to 80 mmscmd in the following year, HDFC Securities said in a report.<\/p>\n<p>The output is projected to rise in the current fiscal that started on April 1 to 93 mmscmd, 107 mmscmd in the following year and 122 mmscmd in 2023-24, the brokerage estimated.<\/p>\n<p>The increase in production augments well with the government plans for raising the share of natural gas in the country&#8217;s energy basket to 15 per cent by 2030 from the current 6.2 per cent in a bid to cut emissions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s natural gas production is projected to jump by 52 per cent to 122 million standard cubic metres per day by 2024 as state-owned Oil and Natural Gas Corporation (ONGC NSE -0.39 %) and Reliance Industries NSE 0.24 % Ltd-BP combine raise output from the KG basin fields. Natural gas production in 2019-20 was 85 mmscmd, which is estimated to have fallen to 80 mmscmd in the following year, HDFC Securities said in a report. The output is projected to rise in the current fiscal that started on April 1 to 93 mmscmd, 107 mmscmd in the following year and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-411653","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/411653","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=411653"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/411653\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=411653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=411653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=411653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}