Date:17/08/2007 URL: http://www.thehindubusinessline.com/2007/08/17/stories/2007081751630200.htm

ONGC may raise crude output

New Delhi, August 16

Oil & Natural Gas Corporation’s crude oil output is expected to go up in the next three years. The Minister of State in the Ministry of Petroleum & Natural Gas, Mr Dinsha Patel, informed the Lok Sabha, that the company proposes to produce 29 mt in 2009-10 up from 28 mt proposed for 2008-09. For the year 2007-08, the company plans to produce 27.160 mt of crude oil. The crude oil production of ONGC in 2006-07 was 26.051 mt. In the first quarter of 2007-08, the crude oil production was 6.379 mt, the Minister said. —

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