India ONGC Overseas Arm Aims Higher Oil, Gas Output in 2014/15

Article title
ONGC Videsh aims to produce 3.6% more oil and gas during the fiscal year to March 2015.


NEW DELHI, May 20 (Reuters) – India's ONGC Videsh Ltd, the overseas investment arm of explorer Oil and Natural Gas Corp , aims to produce 3.6 percent more oil and gas during the fiscal year to March 2015, Managing Director S.P. Garg said on Tuesday.

ONGC Videsh is aiming for 8.66 million tonnes of oil and gas in 2014/15, compared with 8.36 million tonnes produced in the previous fiscal year, he said.

(Reporting by Nidhi Verma; editing by Mayank Bhardwaj)

Copyright 2016 Thomson Reuters. Click for Restrictions.


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