Tuesday, October 11, 2022

Overseas oil & gas fields' output dips 22% in 2 years

Indian state-run companies' share of output from overseas fields has fallen to 8.1 million metric tonnes of oil equivalent (mmtoe) in April-August, 12% lower than a year earlier, according to the oil ministry data. The output in August was down 16% from a year ago.The overseas output was about 30% of India's domestic production of oil and gas in the five months through August, compared to 35% in the previous year.

from Energy-Industry-Economic Times https://ift.tt/7kBW64p

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