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Home Economy

Domestic natural gas production up 19.45% over year in December

by Economy India
January 19, 2022
Reading Time: 1 min read
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SHARESHARESHARESHARE

It has been reported that The country’s natural gas production grew 19.45 percent y-o-Y to 2896.69 million standard cubic metre (MSCM) in December 2021.

Largely due to higher production from Reliance Industries (RIL) and from BP’s ultra-deep-water field in the KG-D6 Block of the Krishna Godavari basin on the East Coast, the report said.

However, the output was lower by 14.93 per cent against the monthly target of 3,405.26 MSCM. During the April-December period in FY22.

The total natural gas production stood at 25,673.90 MSCM, which was 21.51 per cent higher on an annual basis, but was lower by 8.75 per cent compared to the target of 28,136.95 MSCM for the period. (Business Line)

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Tags: Natural gasReliance Industries
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Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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