{"id":417900,"date":"2021-06-01T11:03:23","date_gmt":"2021-06-01T05:33:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417900"},"modified":"2021-06-01T11:03:23","modified_gmt":"2021-06-01T05:33:23","slug":"oil-gas-output-from-indias-foreign-assets-drops","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-gas-output-from-indias-foreign-assets-drops\/","title":{"rendered":"Oil &amp; Gas output from India\u2019s foreign assets drops"},"content":{"rendered":"<p>Oil and gas production from Indian assets overseas dropped 11% in 2020-21 as Russia and the UAE cut output to meet OPEC+ supply curb commitment and as low prices delayed spending in some fields, showing how host countries\u2019 priorities affect Indian oil NSE 0.69 % and gas investments.<\/p>\n<p>This is the second year of decline for Indian oil firms\u2019 overseas output, which had peaked in 2018-19 to 24.7 million metric tonnes of oil equivalent (mmtoe) and then declined to 24.5 mmtoe the next year and 21.9 mmtoe in 2020-21. Domestic oil and gas output too declined 7% in 2020-21 to 59.2 mmtoe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil and gas production from Indian assets overseas dropped 11% in 2020-21 as Russia and the UAE cut output to meet OPEC+ supply curb commitment and as low prices delayed spending in some fields, showing how host countries\u2019 priorities affect Indian oil NSE 0.69 % and gas investments. This is the second year of decline for Indian oil firms\u2019 overseas output, which had peaked in 2018-19 to 24.7 million metric tonnes of oil equivalent (mmtoe) and then declined to 24.5 mmtoe the next year and 21.9 mmtoe in 2020-21. Domestic oil and gas output too declined 7% in 2020-21 to [&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":[130,191,136],"tags":[],"class_list":["post-417900","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\/417900","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=417900"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417900\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}