{"id":468245,"date":"2022-02-15T10:36:30","date_gmt":"2022-02-15T05:06:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=468245"},"modified":"2022-02-15T11:29:07","modified_gmt":"2022-02-15T05:59:07","slug":"ongc-seeks-peak-oil-gas-from-kg-block-in-fy24","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-seeks-peak-oil-gas-from-kg-block-in-fy24\/","title":{"rendered":"ONGC seeks peak oil, gas from KG block in FY24"},"content":{"rendered":"<p>Oil and Natural Gas Corporation&#8217;s (ONGC&#8217;s) delayed Krishna Godavari basin KG-D5 project is likely to hit peak oil and natural gas output in 2023-24 and will help the firm to reverse the downward slide in its overall production, a senior official said on Monday. <\/p>\n<p>ONGC was originally to start gas production from the Cluster-II fields in block KG-DWN-98\/2 (KG-D5) in June 2019 and the first oil was to flow in March 2020. But these targets were quietly shifted to end-2021 due to contracting issues and supply chains being hit by the pandemic.<\/p>\n<p>The project was further pushed back and crude oil is now expected to reach Indian shores in the third quarter of 2022 &#8212; against the revised target of November 2021 &#8212; and natural gas in May 2023, against the revised target of May 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil and Natural Gas Corporation&#8217;s (ONGC&#8217;s) delayed Krishna Godavari basin KG-D5 project is likely to hit peak oil and natural gas output in 2023-24 and will help the firm to reverse the downward slide in its overall production, a senior official said on Monday. ONGC was originally to start gas production from the Cluster-II fields in block KG-DWN-98\/2 (KG-D5) in June 2019 and the first oil was to flow in March 2020. But these targets were quietly shifted to end-2021 due to contracting issues and supply chains being hit by the pandemic. The project was further pushed back and crude [&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":[146,130,177],"tags":[],"class_list":["post-468245","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/468245","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=468245"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/468245\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=468245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=468245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=468245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}