Indian Economy News

Crude oil production totals 2,493 TMT in April

On Friday, the government announced that total crude oil production in April 2021 stood at 2,493 thousand metric tonnes (TMT), 1.16% more than the target.

According to a statement issued by the Ministry of Oil and Gas, the crude oil production of ONGC stood at 1,636.57 TMT, 1.81% more than the target. The production of Oil India stood at 242.74 TMT.

On the other hand, the crude oil production of private firms and joint ventures stood at 613.95 TMT in April 2021, 0.43% higher than the target

Crude oil processed in April 2021 stood at 19,884.70 TMT, an increase of 34.86% YoY and 1.82% more than the target of the month. The capacity utilization stood at 96.82%. Additionally, natural gas production was 2,651.49 million standard cubic meters (MMSCM), an increase of 22.68% YoY.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

Partners
Loading...